0063 Tips On Investing In Real Estate in The Inner City – BiggerPockets Guest Article

14 Comments

1. 

   AffordableREI-

   December 15, 2013 at 11:11 pm

   Thanks for the likes! More insights to come on this investing strategy.

2. 

   knowmoor-

   December 16, 2013 at 4:56 pm

   Great ideas, what site do you use for crime reports?

3. 

   Al Williamson-

   December 17, 2013 at 4:45 pm

   LP, It was fun chatting with you and learning from you. Let’s do it again.

4. 

   Soulgian-

   January 10, 2014 at 7:16 pm

   Curious to know what is a targeted demographic that would rent in these
   areas? Are they typically people from the existing community or do you
   focus your marketing efforts else where?

5. 

   AffordableREI-

   February 13, 2014 at 3:04 pm
6. 

   Bill Townsel-

   February 14, 2014 at 6:07 pm

   you seem to grow learn and teach…better by the week…thanks Lisa.

7. 

   Rick McCray-

   February 17, 2014 at 11:42 am

   Excellent tips Lisa and Al! Please continue these video blogs because they
   are very informative.

8. 

   Nick Z-

   February 27, 2014 at 10:27 pm

   Security doors are not a bad idea but have you ever thought of an alarm
   system? I always get a security system. Well, worth the 100 bucks for
   installation and 50 a month for monitoring.

9. 

   Nick Z-

   February 27, 2014 at 10:44 pm

   I agree with Al about getting involved in the community when investing in
   inner city neighborhoods. I will admit my number one goal is to make money
   when investing but I would also like to give back and improve the area
   around me. If I am rehabbing a house and it has snowed I always shovel the
   sidewalk even though typically my neighbors won’t clear their own. I will
   even help a neighbor shovel their driveway to let them know that I am not
   just someone coming into their neighborhood to make a quick buck and
   leave. Plus, it is my belief that if I take care of my neighbors they will
   watch out out for suspicious activity around the property. It is like that
   old saying “If you take care of Harlem, Harlem will take care of you.” I
   also don’t mind paying neighborhood kids money to do easy things like rake
   leaves. It puts a little change in their pocket and they learn the value of
   hard work.

   • 

     Lisa Phillips-

     February 28, 2014 at 9:43 pm

     Nick, I think that’s a GREAT mindset. In these neighborhoods, seeing hardwork is responded to with RESPECT. Work hard in ANY neighborhood, and acceptance is pretty much guaranteed!

   • 

     Lisa Phillips-

     February 28, 2014 at 9:51 pm

     I think you and Al are dead on with your analysis. It doesn’t take much, except a little elbow grease, to engender respect from your neighbors, especially in these neighborhoods. And a little chump change for the kids isn’t bad either

10. 

    Mojisola Shabi-

    March 6, 2014 at 9:51 am

    I would love you to do an interview with Al. He seems amazing.

11. 

    Asia Amanzi-

    November 2, 2014 at 10:55 am

    I really enjoyed this podcast! You and Al are a wealth of knowledge. Thank
    you.

12. 

    Katya Patoka-

    December 7, 2014 at 5:57 am