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Updated over 4 years ago on . Most recent reply
Best metrics to analyze neighborhood quality for your deals?
There are endless articles and posts on BP discussing how to analyze a deal. But most focus on how to run the numbers and very few focus on how to assess the neighborhood. Putting numbers, I'd like to share some metrics that I consider during my DD:
-Home values
-Crime
-Income
-Population growth rate
-Unemployment rate
-Owners vs Renters
-Nearby development
If you research neighborhoods before you invest or advise clients, what metrics do you look? If you don't, why not? Anything outside this list that you track?
Most Popular Reply
Originally posted by @Account Closed:
There are endless articles and posts on BP discussing how to analyze a deal. But most focus on how to run the numbers and very few focus on how to assess the neighborhood. Putting numbers, I'd like to share some metrics that I consider during my DD:
-Home values
-Crime
-Income
-Population growth rate
-Unemployment rate
-Owners vs Renters
-Nearby development
If you research neighborhoods before you invest or advise clients, what metrics do you look? If you don't, why not? Anything outside this list that you track?
HS look at ACT scores. pretty much sums it up. biggest indicator of whether a property will appreciate is school system.