investment question

[Java Man]

Depends on where the property is. If its in a part of town you wouldn't walk around in during the day unarmed, it probably is a bad idea at any price. I have had opportunities to buy inner city properties for almost nothing. Basically crackhouses. I passed. if nobody will ever want that property it will never have value. In neighborhoods like that the land value is all you'd be looking at. The structures are usually destroyed and actually devalue the raw land. This is a very broad based question gixx.

[gixxerboy1]

Depends on where the property is. If its in a part of town you wouldn't walk around in during the day unarmed, it probably is a bad idea at any price. I have had opportunities to buy inner city properties for almost nothing. Basically crackhouses. I passed. if nobody will ever want that property it will never have value. In neighborhoods like that the land value is all you'd be looking at. The structures are usually destroyed and actually devalue the raw land. This is a very broad based question gixx.

just started thinking about it or looking into it. So yea i guess a broad question. I agree it would be just for the land value.
Just trying to weigh the risk of virtually no money to the chance in years it could be worth something.
look at Harlem, property is way up there. In the late 80's early 90's it was all crack houses.

[Mp859]

just started thinking about it or looking into it. So yea i guess a broad question. I agree it would be just for the land value.
Just trying to weigh the risk of virtually no money to the chance in years it could be worth something.
look at Harlem, property is way up there. In the late 80's early 90's it was all crack houses.

If there was money to be made the properties wouldn't be available.real estate investors swoop up profitable properties almost instantly. It's what they do and they know what will make them money.

The inner city real estate market doesn't fluctuate very much. It's always in the shittter.

You would be better off flipping houses in a decent area. But this requires a little bit of capitol.