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Updated about 8 years ago,
How do you analyze a neighborhood while investing remotely?
Hi All,
I am new to real estate investing and am looking to start out by syncing up with a coupe of turn key operators. However, what I am struggling with right now is that I a not able to scope out a neighborhoods as I am looking to invest out of state in cities I have no idea about ( I live in California bay area and looking to invest elsewhere). Just believing the turn key seller's word about the community is not enough. I am trying to understand different subtle factors like how close the location is to the jobs, is the crime high/low, is the neighborhood up and coming etc.
Trying to figure out what the experts are doing in similar situations to get these answers. Researching online is an obvious option (& something I always pursue) but it doesn't always get you some of the angles I am looking at.
Do you typically find a RE agent that knows the local neighborhoods & get feed back from them..or is there another hat trick that I am not aware of :)
Thanks
Jai