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Updated about 8 years ago on . Most recent reply

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44
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10
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Christopher Prince-Barry
  • Rental Property Investor
  • Livingston, NJ
10
Votes |
44
Posts

Knowing your markets

Christopher Prince-Barry
  • Rental Property Investor
  • Livingston, NJ
Posted

How many towns/neighborhoods should you know when starting out? How do you know when to move on to analyzing a new town because the one you have been looking in is very difficult to find reasonable deals?

Most Popular Reply

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1,916
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2,232
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Ola Dantis
  • Multifamily Syndicator
  • Houston, TX
2,232
Votes |
1,916
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Ola Dantis
  • Multifamily Syndicator
  • Houston, TX
Replied

@Christopher Prince-Barry Welcome to BP!

I think it's important to know your immediate market almost block for block. Personally, the best time to move on is when you take down at least one deal in one area. 

Hope this helps. Goodluck. Thanks! - Ola 

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