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Updated almost 5 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?