OfflineWhats easier? To go after homes $250,000+, or to after homes under $100,000? Reason im asking is that I live in a lower class community with blocks n blocks of row homes....which go anywhere from $30,000 to $150,000....depending on the block and the neighborhood. But it seems as if in the lower class blocks there are many more "bandit signs". Is this because the lower class are more likely to falter? I figure to go after the higher class because their mortgages and payments are most likely to get them in over their heads, plus there is greater lead way for u to play with the numbers.
So which is the way to go? High End Properties, or Low End Properties?
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I would place bandit signs in the higher homes section. Compitition from the others in the lower class would limit your leads but in the higher class you would get lucky to get a couple.
George Towson
Work with the classes and live with the masses or work with the masses and live with the classes.
Always Looking to Acquire Houses | Always Looking to Amaze Investors
There are millions of people upside down on the mortgages, and it matters little what social class they're in. I've seen foreclosed homes in all price ranges, and most Americans try to live beyond their means, regardless of social class.
Rick Allison, Realtor
Amarillo, Texas USA
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