Getting to Know a New Market

[Andrew Baisley]

Would anyone care to share some tips for getting to know a new (or new to me) investment market?

I'm looking very seriously at the Poughkeepsie, NY area, but I haven't spent a ton of time there. Before I do anything, I want to spend several days or weeks getting to know the place.

I've heard some tips before, but wanted to know if you could add to them!

- Look at the cars. Nicer, newer cars mean more disposable income.
- Look at the lawns, exterior paint and yard junk. Cleaner yards and homes means more disposable income.
- Talk to mail carriers - they know the streets
- Don't just drive around. Park your car, get out and walk the streets. You'll see things that you would miss just driving by.
- While you're walking around, chat up the neighbors. Maybe tell them that you're thinking of relocating to the neighborhood with your family and see what they say.

What am I missing?

Thanks!