Everyone has heard in real estate that the three most critical factors for property values are location, location, location. But it seems like many people don’t spend the time needed to find the best location. This especially applies to investors.
There is a lot that goes into determining what the right location is. Some buyers want to be smack dab in the middle of a big city. Others want to be left alone out in the country. Some want a big house. Others want a small apartment that’s low maintenance.
Everyone has a different taste, and investors can find good deals that someone will want. Just because there is someone who wants it, however, doesn’t mean you will find that someone. When an investor has a property for rent or for sale, it works best to have it in a place where a large amount of people want to live.
What makes a great neighborhood and how do you find it?
Think about where you would want to live. …
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.