Factors you look for when investing in an area

[Matthew Kurtz]

Hello BP family, 

Now that the COVID-19 pandemic is loosening (sort of) it's hold on the global economy, I've seen more and more activity on the BP site - definitely a good sign!  I'm still relatively new to real estate investing and only have one deal under my belt. I recently moved to the New Orleans area during the start of the pandemic and used the time in quarantine to get my real estate license. I wanted to reach out and see what other real estate investors look for when evaluating an area to invest in. I understand real estate is local, but are there universal factors investors look for before they even start looking for deals? I'm all for doing my due diligence and compiling all the data necessary, but I'm a little lost on what things to look for. Any advice or insight would be appreciated!

Thanks,

Matt

[Matthew Kurtz]

@Joshua Ferrari @Kody Thompson thank you for the insight! That was greatly appreicated.

@Braden Smith I'd like to find some time to chat about the local real estate market here in New Orleans. What's the best way to reach you?