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Updated about 2 years ago on . Most recent reply

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Kevin W.
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18
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Large developments happening... what should be my investment strategy??

Kevin W.
Posted

Good morning BP community,

Just to make sure I am thinking about this in the right way... large apartments and housing projects (affordable and market rates & 50 to 100+ units) are being developed in an area that I am analyzing. So I'm wondering...

1. What questions should I be asking myself?

2. Is this a market I should avoid investing in?

3. Are homes near these developments more or less attractive to renters? (these projects are close to a lot of public transportation and large employers).

    I think this would pose an issue since it would mean more competition and potentially a saturated market. However, I believe that this shouldn't be an issue if the home is solid and attractive enough (in terms of location or amenities). Any feedback and comments are appreciated. Cheers!

    Most Popular Reply

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    Eliott Elias
    • Investor
    • Austin, TX
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    Eliott Elias
    • Investor
    • Austin, TX
    Replied

    Those developers have done the research already, leverage that. 

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