OfflineOften as people start investing in an area they are not sure what to look for in an area.
Information to look for that will help you in your investing would be:
What is the average cost of a home in your area?
What is the average rental costs in your area?
What is the average time an average property would take to sell in your area?
How much new construction and development has been and is occurring in your area?
You may also want to find some of the demographics of your area.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
ALL that info will fluctuate with time. Just because you found the answers to those questions 3 months ago doesn't mean they hold true today. You must constantly be researching your area.
Really good stuff to be ALWAYS considering nstreet. Thanks.
Rina
"Obstacles can slow you down, but they can only stop you with your permission." Dean Graziosi (BARM pg 101)
"For I know the plans I have for you," declares the Lord, "plans to prosper you and not to harm you, plans to give you hope and a future." Jeremiah 29:11
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Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
Something I do to look for new areas to potentially buy in is to watch what retail stores, malls, Home Depot's, Walmart's are developing in new areas. I know for a fact that these types of businesses do a ton of research on upcoming building before they start construction. So if you see one of these types of stores going up out in the middle of nowhere, and away from humanity, either do one thing..... Get investing in that area because it is going to be booming pretty soon, or just sit there and watch everyone take advantage of the market research that these companies did and watch other investors / buyers take advantage of the chance.
Happy Investing!
Matt W.
Thank you for the advice, over here there is a lot of construction going on, will keep an eye on that ...Thanks again......
One website I like to refer to people that want to invest in an area they don't know is http://www.city-data.com/
This site will give you a ton of information on areas you may be interested in investing in.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125