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Updated over 4 years ago on . Most recent reply

Account Closed
  • Real Estate Consultant
  • Los Angeles, CA
2
Votes |
9
Posts

Best metrics to analyze neighborhood quality for your deals?

Account Closed
  • Real Estate Consultant
  • Los Angeles, CA
Posted

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

User Stats

967
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383
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Kirk R.
  • Peoria, IL
383
Votes |
967
Posts
Kirk R.
  • Peoria, IL
Replied
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. 

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