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Old 02-24-2014, 06:14 AM
 
4 posts, read 15,532 times
Reputation: 10

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Is this community good or bad? I would have to walk to pick my son up from school with my 7 month old. What is around that area?
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Old 02-24-2014, 12:05 PM
 
4 posts, read 15,532 times
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???
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Old 02-24-2014, 12:53 PM
 
141 posts, read 281,903 times
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Quote:
Originally Posted by Mjraarmommy View Post
???
I'm sorry, I can't tell you because i do not know that area. I'm just answering you because I have found this forum to be fairly non-active.
Good luck, I hope someone answers your questions.
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Old 02-24-2014, 01:01 PM
 
4 posts, read 15,532 times
Reputation: 10
Thank you
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Old 02-24-2014, 02:12 PM
 
232 posts, read 728,406 times
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Check out https://www.crimereports.com/

Not sure about that specific area but some areas around it might give me pause..
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Old 02-24-2014, 03:28 PM
 
14,066 posts, read 17,077,667 times
Reputation: 22014
G
H
E
T
T
O
!

Those townhouses are really nice but built in the middle of "da hood".....Congress/Blue Heron Blvd/ MLK Blvd.....

http://www.realtor.com/realestateand...1-95806?row=20

3/2 built in 2006 ASKING 49k......21 units for sale in there, highest is 120K

The county appraised it for $36,000......owner bought it new for 141!


Tons of foreclosures, super low prices for a reason!
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Old 02-25-2014, 07:35 AM
 
72 posts, read 207,550 times
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It's bad, just like CityGuy said. I have a wealthy friend who owns investment properties in there for one reason, he gets section 8 tenants. I don't understand everything about it but the bottom line is the rent is guaranteed by the government, that's why he did it. Bought it dirt cheap, rent to low income section 8, guaranteed rent. Not a bad investment, but I wouldn't want to live there. They look nice from the road, but the area is really rough.
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Old 02-25-2014, 08:30 AM
 
14,066 posts, read 17,077,667 times
Reputation: 22014
Quote:
Originally Posted by UFGators View Post
It's bad, just like CityGuy said. I have a wealthy friend who owns investment properties in there for one reason, he gets section 8 tenants. I don't understand everything about it but the bottom line is the rent is guaranteed by the government, that's why he did it. Bought it dirt cheap, rent to low income section 8, guaranteed rent. Not a bad investment, but I wouldn't want to live there. They look nice from the road, but the area is really rough.

I know a guy doing the same thing in Sonoma Bay/Thousand Oaks.....He got killed in the boom buying one, then when it tanked he averaged out the hit by buying more at the fire sale prices. The non-payment of the HOA dues is really hurting these places. 20-30% of the people don't pay the dues and suddenly they can't even cover the building insurance never mind pay the guards/cut the grass.....

I have a builder friend that loves to say "You can fix up a house, but you can't fix up a neighborhood!"
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Old 02-26-2014, 06:25 AM
 
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OMG Im screwedddddd we are stuck there for a year and my son will have to attend school there and I would have to WALK to pick him up from schoool with my 7 month old!!!
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Old 02-26-2014, 11:09 AM
 
Location: Palm Beach County
615 posts, read 1,603,845 times
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Quote:
Originally Posted by Mjraarmommy View Post
OMG Im screwedddddd we are stuck there for a year and my son will have to attend school there and I would have to WALK to pick him up from schoool with my 7 month old!!!
You didn't think to do research on the area BEFORE committing?

Just be careful and always in tune with your surrounding. I'm assuming since you said you're there for a year that you're renting. Worse case scenario break your lease because you and your childrens' lives are more valuable.
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