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REI Tech

Is That Rental Property a Good Buy? Just Click to Find Out

Buying a rental property is a serious investment of time and money.  One that successful investors never take lightly.  To do it right, investors should always do their due diligence thoroughly to make sure it’s a good deal.

Rental properties have a lot of due diligence associated with them.  Rental owners will want to know many statistics about the area.  Good neighborhoods attract good renters and higher rents. 

To see if a neighborhood is a good one, investors will (among other stats) check out:

  • Crime statistics
  • Quality of schools
  • Proximity to highways for commuting
  • Local attractions
  • Access to grocery stores, restaurants and other essentials
  • Local vacancy rates
  • Average incomes
  • Home ownership vs. renting

There’s a problem with good deals though.  They never seem to stick around for long.  People like good deals.  There’s a lot of competition out there for them. …


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