a,b,c,d-Hoods (by DanNBos [MA]) Aug 11, 2017 1:04 PM|
a,b,c,d-Hoods (by Barb [MO]) Aug 11, 2017 1:15 PM
a,b,c,d-Hoods (by S i d [MO]) Aug 11, 2017 1:36 PM
a,b,c,d-Hoods (by Landlord ofthe Flies [TX]) Aug 11, 2017 2:15 PM
a,b,c,d-Hoods (by Roy [AL]) Aug 11, 2017 3:43 PM
a,b,c,d-Hoods (by Moshe [CA]) Aug 11, 2017 4:38 PM
a,b,c,d-Hoods (by Al W [CA]) Aug 14, 2017 8:00 PM
Click here to reply to this discussion.
Click Here to send this discussion to a friend
a,b,c,d-Hoods (by DanNBos [MA]) Posted on: Aug 11, 2017 1:04 PM
I you were to define a B, C and D neighborhood to someone -
what would be your definition ?
B - Pride of ownership. Nicey maintained homes with pools and nice lawns, no trashor jacked up trucks in the yards, people taking walks, children playing
C - As above minus the pools and not so many well maintained homes
D - Run down properties, minimal pride of ownership, not a safe feeling
a,b,c,d-Hoods (by Barb [MO]) Posted on: Aug 11, 2017 1:15 PM
Wow, I don't think I know anyone with a pool. You think a lack of a pool moves me to a class C home?
I would consider class A homes to be in a nice neighborhood with homeowners, maintained and maintained exterior.
B a little less so, maybe a few rentals in the neighborhood. Residents are semi professional and include plumbers, electricians, union members, etc.
My C homes are those I'm still not worried about needing a concealed carry for, but have more tenants, a few cars on blocks, residents who work more fast food or change jobs more. --131.151.xxx.xxx
a,b,c,d-Hoods (by S i d [MO]) Posted on: Aug 11, 2017 1:36 PM
I posted my personal definitions on this back in 2015.
Classes of Rentals (by S i d [MO]) Posted on: Apr 10, 2015 10:18 AM
Got a lot of responses. Use the "Search" feature above and you'll find it like I just did. --173.19.xx.xxx
a,b,c,d-Hoods (by Landlord ofthe Flies [TX]) Posted on: Aug 11, 2017 2:15 PM
A - Nicely maintained and continuously updated. Prices hold or increase every year.
B - Nicely maintained but not updated. Still clean and have pride in their yards. Some years meticulously maintained.
C - Excessive cars parked in driveway and street, garages converted to extra rooms, clean but moderately maintained. Yards still maintained, but not as ornate.
D - Not maintained but not yet crime ridden. A few vacant houses or houses in need of repair within eyesight.
Hood - All the houses have bars on windows, fences and gates. The most important feature is everyone you pass by gives you the look that you don't belong here. You also feel the need to look over your shoulder. You also see excess trash in the yards and street. The popular businesses in the area are payday loans, furniture/appliance rentals, and pawn stores. The local convenience store has more security devices than your neighborhood bank.
a,b,c,d-Hoods (by Roy [AL]) Posted on: Aug 11, 2017 3:43 PM
Sid is the definitely the authority on this subject matter. His vivid description of the each of the Class neighborhoods was dead-on, as far as I am concerned.
Now, I would like to add something that Sid did not cover.
Generally speaking (there are exceptions), in each Class of neighborhood, you have people who live in those neighborhoods and it is these people and their 'living standards' that determine the difference between a Class B and Class C neighborhoods. What I am trying to say is this,...Class A people tend to live in Class A neighborhoods, Class B people tend to live in Class B neighborhood and so on and so on.
If I had to apply my own logic here, I guess I would be considered a Class B homeowner who resides in a Class B neighborhood. However, all of my rental properties are located in Class C neighborhoods. I could live there but I would not want to because I can afford better.
a,b,c,d-Hoods (by Moshe [CA]) Posted on: Aug 11, 2017 4:38 PM
Class A includes relatively new construction.
Class B includes older properties, but with amenities that raise its position above class C.
Class C includes older properties without special amenities.
All of the above classifications require good maintenance. Without good maintenance, property is classified as slum property. --47.139.xx.xxx
a,b,c,d-Hoods (by Al W [CA]) Posted on: Aug 14, 2017 8:00 PM
I agree with the above but what do you do with this information? Do you know how to invest in a Class D or C area?
You could follow conventional wisdom and do the bare min. Are you can take an emerging market approach and advocate for the community.
I see and have realized a ton of opportunities in Class C and D.
Too bad the letters don't indicate the wealth building and cash flow potential. --73.220.xxx.xxx
Click Here to send this discussion to a friend
Report discussion to Webmaster