Normally when you look at an area to determine whether you would want to invest there, you look at these standard items:
- Are property prices rising or declining?
- How are the schools?
- What’s the crime rate?
- Are new businesses opening up and creating jobs?
- Is it easy to commute to and from your area?
Traditionally, those have been great questions to help real estate investors narrow down great areas.
But should there be more questions today?
Maybe we need to ask questions that are beyond the traditional.
Think about this...
Your potential market consists of people who generally go to work, to school or even take a trip to the supermarket at almost the same times during the day. This dramatic increase in infrastructure demand can put a serious load on ‘the system’ of your city.
There are 89.7% daily commuters in America using private vehicles, and there are 1 million other people wanting to move in similar hours. The problem is that America’s roads and public transportation…
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.