Various_Butterscotch

Various_Butterscotch t1_j71ywh2 wrote

Reply to Bike shop by Chimbo84

Lil far, but Dash Bicycle on Broad St in Providence is fantastic. And the breakfast burritos from the coffee shop attached to it are worth going with my husband every time he needs another bike part.

16

Various_Butterscotch t1_j4jmo9i wrote

So dollar stores are one of the "type" stores to look for in real estate investing when you're trying to determine the class of rental/tenant in a neighborhood. Having one near a place doesn't automatically make that area have an abundance of the class of rental associated with them, but it is rather looked at as a whole. On one block is there a dollar store, a check cashing place, a laundromat, and a payday loans center? You're probably looking at Class C. Panera bread, Lululemon, a Starbucks, and a Chase Bank? You're probably in a Class A neighborhood/maybe upper Class B if it's all in a shopping center.

E.g. https://morrisinvest.com/blog/2016/12/2/whats-the-difference-between-and-a-b-and-c-neighborhood/

There are many other factors though, and again it's looked at as a whole not just as "dollar general is in the neighborhood guess it's class C now" or something like that.

19