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Updated about 11 years ago on . Most recent reply
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Help with Finding Neighborhoods to Rehab in
Where would I look for solid information on which neighborhoods would be more favorable for rehabs? What factors would I want to look into that would indicate an enviroment healthy for buying, rehabbing, and selling? I'm in Pinellas County Florida if anyone has any specific info.
Thanks.
- Daniel Paloscio
Most Popular Reply
In many larger cities across the country there are community development organizations that have formed to bring investment and turn marginal areas around. These transitional areas are often a good bet as even when economic pressures can stall a market overall, cities and communities are invested in the health of these transitional areas. As contractors, developers, and businesses become invested in these markets they become more stable. Getting in at the right time can allow investors to capitalize on years of steady growth.
Getting involved with these organizations is also a good opportunity to network with forward thinking realtors and contractors who have their fingers on the pulse of that particular market.