Learning more about properties and rentals in a community you are considering to invest in.

Learning more about properties and rentals in a community you are considering to invest in.

Hello DG Members,

I desire to expand my area of investing cities and towns and have been researching a few other towns and cities within an hour drive from my home. I decided to drive through the community in the evening last week and thought it would be a good idea to drive it today during the afternoon. This allows me to get a pulse of the area, conditions of properties and maybe even see some other rental proeprties in the new area. I drove the area and saw other rental properties and I wrote down the rental numbers from the "For Rent" signs. Thus, I will probably call later this week to find out additional information on these properties to get my own analysis of types of properties and area rental rates.

The take away I learned is you really get to know more about a community when you drive around and meet some people during both the day and evening hours. You can ask a lot of questions and most people in local stores or walking will be nice to share information if you are a friendly face asking about their community. Good luck with all your deals. Believe and Achieve! Smiling Indiana-Joe

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Great Idea

I would invest in a neighborhood with 6 or more foreclosures and also buy all of the other houses their to make my own all rental property community.


ZBryda,

Thanks for your comments and sharing your idea on foreclosures. Sometimes you may be able to creat an opportunity where others do not see it! Good luck on all your deals! Believe and Achieve! Smiling - Joe

__________________

YOU TUBE CHANNEL - Follow me on my You Tube Channel at Joe Jurek Real Estate Investing Adventures
https://www.youtube.com/channel/UCiko62V79zLKX_owbirAYNA

TWITTER - Follow me on Twitter at Joe Jurek CPA
Joe Jurek CPA
https://twitter.com/JoeJurekCPA


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