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Updated almost 5 years ago,

User Stats

12
Posts
1
Votes
Valentín Sanjuan
  • Contractor
1
Votes |
12
Posts

What to look about the surroundings of a prop?

Valentín Sanjuan
  • Contractor
Posted

Hi! I came up with this question after trying to get a land in order to build wooden cabins for rent near the city I live. I was wondering if i should buy near a dam, or a lake, or far away for them, or near the mountains, which specifically in this city have higher risk of being burned, where will i get the better profit from rental...

Then i decided to start building a platform to look for nearby hospitals, schools, parks, etc and cross this information with rental prices in order to assist me when taking this decisions. I have made a really raw proof of concept and i was looking for other interesting tips to invest which i could automate somehow.

So, what would be for you the main things to look about the area in which is going to be your next property?  Mine would be:

Avg sell prices

Avg rental prices

Historic of sell prices / rental prices

Number of nearby places. And i would make the difference if, for example, the house is for living, would be nice to have schools, parks and bars nearby.