Markers of a Place to Invest in

[Martin Sterling]

I hear often, if there is a 99 cent store nearby a property, it's in the hood and not a good place to invest. Well, I've also seen some people invest very well in the hood. What are some hard concrete metrics that can be used to determine if a place is going to be a good place to invest? So far most things I hear are subjective. Some people say if the city is planning on building something of value nearby, there is going to be appreciation. Others say, if it's not there yet and operational, it's just speculation (I actually heard that from a Mayor who happens to be an investor.)

Just like we have the 70% rule, and 2% rule, and 50% rule which all are not the end all and be all to your numbers, we also have calculations on spreadsheets to give us numbers like cash flow before taxes and so on. Are there any metric calculations to determine if it's a bad investment or not?

Thanks In Advance