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Updated almost 3 years ago,
Best resource(s) for evaluating neighborhoods from out of state
Esteemed listmates,
I am new to out of state investing. Been looking in a few markets, and now that the crime map has been abolished from all the real estate sites, i began looking at other resources where I could find it, and the question kind of occured to me:
What resources, or combination of resources, is best to use for looking at a neighborhood, from out of state? Like for example, i have a city in mind (memphis TN) but as alot of cities are, Memphis is a big place with vastly different neighborhoods.
So my question is- are there any tools that our of staters like to use- neighborhoodscout.com for example, is one- to evaluate specific hoods for purposes of basic deal eval? I know my agent will know, but I don't want to pester her for every place i am just pointing and clicking on.
Any more experienced out of state investors have any resources and/or processes to share that they use to evaluate hoods from far away? The abolition of the crime map was just kind of the straw that broke the camels back, leading me to realize that i don't have many great tools for neighborhood eval.
- Richard E.