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Updated about 5 years ago on . Most recent reply

User Stats

91
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53
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Jason Appel
  • Investor
  • New York, NY
53
Votes |
91
Posts

What should I look out for before visiting a potential market?

Jason Appel
  • Investor
  • New York, NY
Posted

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

User Stats

4,876
Posts
2,466
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Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
2,466
Votes |
4,876
Posts
Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
Replied

@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.

  • Jaysen Medhurst
  • Loading replies...