Reply To: Is it safe to invest in an up and coming Jewish community?

If it’s a condo I would strongly urge you/her not to invest. Unexpected repairs may come up and maintenance will exceed rental income also the apartment may lay vacant for a few months and you will have to pay maintenance even though there is no rental income.
Satmar built townhouses in Bloomingburg in upstate NY which are not selling and going into forclosure, is an example in NY of a community that was built and Jews moved in and then for what ever reason others didn’t follow.
If this investment is so great why does the broker need you to invest? He can borrow money from the bank. The reason is the risk is to great and he is just looking for a commission, which he will earn when he sells it. In short there is a good chance that you will lose some or all of your investment in this transaction, can you afford the loss.