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Updated almost 10 years ago on . Most recent reply

User Stats

205
Posts
32
Votes
Abou C.
  • Wholesaler
  • Central Falls, Philadelphia
32
Votes |
205
Posts

How to pick a location/what to look for?

Abou C.
  • Wholesaler
  • Central Falls, Philadelphia
Posted

When looking for a "farm" area to invest what key factors do you look for?. Looking to buy fourplex with partner via FHA and use one unit for one year.

What criteria should be look for?. 

Most Popular Reply

User Stats

247
Posts
85
Votes
Jeff McCaskey
  • Investor
  • Isabel, KS
85
Votes |
247
Posts
Jeff McCaskey
  • Investor
  • Isabel, KS
Replied

@Abou C. There is a lot that goes into making these decisions to get them right and start on a solid path. It would take a long time to run through everything typing or even face to face at lunch or dinner, likely several meetings. Do some searching on here, get a couple books, read and research these types of things and get a grasp on what you are about to do etc etc. It's not as simple as not knowing and someone saying the corner of A and B streets is good, buy there. You need to be informed and familiar with your target market. I think you might not be ready yet, add some additional information to your tool belt and you will be able to ask more pointed questions for better responses!

Goof luck on your journey!

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