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Updated almost 5 years ago on . Most recent reply
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What should I look out for before visiting a potential market?
Hey All,
After hours of research, reading and using BP Forums to ask and read questions and answers, I (think) I have decided where I would like to focus in regards to purchasing my first Rental property.
Before I would submit any offers, I want to give myself the adequate time to go check out these neighborhoods, talk to residents and check out their local economies and shops In order to ensure I am happy with my choices before proceeding.
As I prepare to go to these different communities (looking in the CT area), I was wondering if anybody who has done similar trips (I am assuming its pretty standard practice, unless the property is far away). If you have done this, I was hoping you guys can give me some tips, tools and things to look out for, things to do while visiting and maybe some questions I can ask residents, shop owners or landlords.
Additionally, if anybody has any comments, I'm all ears.
Thank you all in advance! Stay safe and healthy,
Jason
Most Popular Reply
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@Jason Appel, I think you just need to spend time there. Get a feel for the actual neighborhoods. Drive and walk around. Google Streetview only goes so far.