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Updated about 7 years ago on . Most recent reply

Christopher Prince-Barry's profile image
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Christopher Prince-Barry
  • Rental Property Investor
  • from Livingston, NJ
  • Member since Sep 19, 2017
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Christopher Prince-Barry's profile image
Christopher Prince-Barry's profile image
Christopher Prince-Barry
  • Rental Property Investor
  • from Livingston, NJ
  • Member since Sep 19, 2017
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Christopher Prince-Barry
  • Rental Property Investor
  • Livingston, NJ
10
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Starting Out

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?

  • Christopher Prince-Barry
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    Ola Dantis's profile image
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    Ola Dantis
    • Multifamily Syndicator
    • from Houston, TX
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    Ola Dantis's profile image
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    Ola Dantis
    • Multifamily Syndicator
    • from Houston, TX
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    Ola Dantis
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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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