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Updated about 10 years ago,
Decision Factors, What Helps You Decide To Invest?
I enjoy writing blogs as well as posting news articles about what is happening in the real estate market as well as positive news for the cities/areas we invest in.
Detroit. for example, is a hot market right now with A LOT of potential. The city unfortunately was hit hard during the recession and lost a lot of residents, businesses and character it once had. I try to find and post articles that help investors see the positive things about the city and the market.
I recently posted an article on new major businesses establishing headquarters in one of Detroit's major buildings and all of the good the company will do to help bring life back to the economy. I also post the quarterly market updates published by business reports and major real estate sites to help investors know how well the area is growing.
When deciding to invest, how important is the local economy to your decision making process?