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Updated almost 3 years ago on . Most recent reply

User Stats

94
Posts
26
Votes
Zackarias Aitchison
  • New to Real Estate
  • St Catharines, Canada
26
Votes |
94
Posts

How To Know If You're Investing In A Good/Bad Neighborhood

Zackarias Aitchison
  • New to Real Estate
  • St Catharines, Canada
Posted

Hey!

If I'm investing out of state, or somewhere I've never been in person before,

Is there some way to figure out if I'm buying in a good or bad part of the city?

I could check google street view, but is there a way I could quantify this in some sort of way to be able to compare apples to apples?

I'm curious to see what some of the solutions are!

Cheers,

Most Popular Reply

User Stats

2,819
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1,920
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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
1,920
Votes |
2,819
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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
Replied

@Zackarias Aitchison

Here are some helpful websites:

  • BestPlaces.net
  • City-Data.com
  • Census.gov
    • Factfinder.census.gov
  • census.gov/programs-surveys/ahs.html
  • data.census.gov
  • StateLocalGov.net
  • SpotCrime.com
  • WalkScore.com
  • DeptofNumbers.com
  • DataUSA.io
  • Bea.gov (Bureau of Economic Analysis)
  • Bls.gov (Bureau of Labor Statistics)
  • Indeed.com (Jobs)
  • NewGeography.com
  • NeighborhoodScout.com
  • CrimeReports.com
  • FamilyWatchDog.us
  • Geometrx.com
  • SocialExplorer.com
  • Costar.com
  • Colliers.com
  • Irem.org
  • Zillow.com
  • Google Earth / Google Maps / Street View

I would research and drive prospective markets and neighborhoods before purchasing. Your broker will also take you more seriously when they know that you took the time to drive the areas you want to purchase in.

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