5548 () posted 221 days ago by Sound_ManCO 221 days ago by Sound_ManCO +5548 / -0 225 comments share 225 comments share save hide report block hide child comments Comments (225) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 1 ▼ – karmalizing 1 point 221 days ago +1 / -0 So what does 10% imply in an inner city? Like, “hey, this building is in the ghetto but it still makes great money” basically? I’d be worried there were accounting tricks, but I guess that’s what you mean by risky permalink save report block reply ▲ 2 ▼ – Darkheartisland 2 points 221 days ago +2 / -0 Pretty much. If there is economic potential in the city, and if the books check out there is money to be made in ugly places. There is more work involved, no doubt about that. Wouldn't be a wise investment if you just want to park your money. permalink parent save report block reply
So what does 10% imply in an inner city?
Like, “hey, this building is in the ghetto but it still makes great money” basically?
I’d be worried there were accounting tricks, but I guess that’s what you mean by risky
Pretty much. If there is economic potential in the city, and if the books check out there is money to be made in ugly places. There is more work involved, no doubt about that. Wouldn't be a wise investment if you just want to park your money.