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Updated about 1 year ago on . Most recent reply
What are you looking for?
Simple question, what are you looking for in a city to invest in?
Is it the potential growth an area is facing? The cash flow on hand when you buy? Your backyard?
I am curious to know what YOU are looking for in an area to invest in!
- Sam McCormack
Most Popular Reply
Hi Sam!
Great question, and I'm sure this will get a lot of different responses, which will be great.
My wife and I look at a few different things:
- Location
- City growth (are people moving there, is a big company settling there)
- Costs of the property vs. the rental income
- Appreciation vs. cash flow (which is sometimes dependent on the city)
I'm curious to hear what others have to say!