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Updated about 4 years ago on . Most recent reply
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Long distance investing: Getting to know an area?
I’m planning on investing long distance (~3 hours away). When I visit the market for a long weekend what’s the best way to go about discovering the market? Any suggestions on a strategy/plan besides just driving around, talking to an agent and asking property managers where they wouldn’t manage properties? Any tips would be greatly appreciated!
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Corey, although not far from your home. Try reading the daily news paper on line. You will get a better idea of what is taking place the local area. "The vibe" Everything from crime rates, to a new employer moving in. In addition to local building, growth, traffic issues and overall transportation. This is a simple, daily thing to do. That is all too often over looked. And can give you a wealth of information. best of luck!