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Updated about 13 years ago on . Most recent reply

User Stats

222
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17
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Geoffrey Murphy
  • Real Estate Investor
  • Hartford, CT
17
Votes |
222
Posts

Choosing a Market?

Geoffrey Murphy
  • Real Estate Investor
  • Hartford, CT
Posted

I am looking for a market in my state/city to invest in and i need a little help from you guys!

When choosing a market to invest in, what are some of the things you guys look at before starting your hunt for property in that area begins?

I notice that some of you guys may invest in atlanta then branch out to decatuer ect...

what do i need to do before or pretty much do when it comes to chossing a market in my hometown?

I always here that there a deals in your backyards, so how do i take them down!

Any suggestions!

Most Popular Reply

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2,771
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1,233
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Al Williamson
  • Rental Property Investor
  • Sacramento, CA
1,233
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2,771
Posts
Al Williamson
  • Rental Property Investor
  • Sacramento, CA
Replied

Geoffrey,
Low income areas are dear to my heart. I think they are great emerging market plays. The trick is, if you're new to inner city investing, is to wait for (are help) the community get the necessary features in place to sustain revitalization. I would suggest, those irrefutably blocks are: 1) neighborhood watch/associations, 2) a charismatic and respected grassroots mayoral figure, and 3) a few people willing to pick up litter and clean up blight.

I think Zig Ziglar said it best - you can have everything you want by helping others get what they want. And people in low income communities want things to get better. Good luck!

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