Welcome to passive real estate investing, the show where busy people like you learn how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Hello, my friends, welcome to another episode. Now here's your host Marco Santorelli's.

Hello, my friends.

Welcome to another episode of Ask Marco

on the passive real estate investing show.

Well, I picked a couple of good questions today

from the list and kind of a mixed bag but I think it'll

resonate with a lot of people and one of them is a mistake that I made in the past and I know I've talked about this multiple times on the show

it's worth repeating because I think if you don't consider where you invest

specifically the location, the neighborhood, you could be stuck with a problem.

And I'll explain that here in a minute, but I believe the name is Maduri.

Maduri writes in and he says,

hi Marco, I love your show and look forward to new episodes.

I find the Ask Marco set particularly insightful.

I hope you can help me with this.

I purchased a fixer-upper in Detroit on the east side in a C class neighborhood.

And remember I kind of great neighborhoods as A's, B, C's, and D's, and these are kind of like the worst of the worst.

They're, you know, what I'll

refer to as war zone type neighborhoods, purchased it for $40,000. We did

extensive rehab, in other words, rehabilitation, and spent over $50,000 new kitchen,

bath, flooring, mechanicals, etc.

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