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Which is a better longterm investment - a highincome property in a deteriorating neighborhood or a low income property in a superior location?
Based only on these facts, the lower income property in the good neighborhood is the better investment. Why? Because the most important factor to be considered in any real estate investment is location. Nothing else comes close in importance. It is extremely rare when property, in a prime location, turns out to be a bad investment in the long run. This is true even if too high a price is
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