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Updated about 4 years ago on . Most recent reply

User Stats

44
Posts
13
Votes
Corey Gilroy
  • Real Estate Agent
  • Arlington, VA
13
Votes |
44
Posts

Long distance investing: Getting to know an area?

Corey Gilroy
  • Real Estate Agent
  • Arlington, VA
Posted

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!

Most Popular Reply

User Stats

82
Posts
75
Votes
Martin Carstens
  • Investor
  • Eagle, ID
75
Votes |
82
Posts
Martin Carstens
  • Investor
  • Eagle, ID
Replied

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! 

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