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Updated about 8 years ago,
Learning A New Market
Hi all! I'm a new investor in the Columbus, Ohio area. I moved here last August after 23 years in Austin, Texas. My question is what are all the factors one needs to look for when evaluating a new market to learn desirable neighborhoods for investment. I know every market is different, but for someone looking to start out there are things to evaluate such as:
- Neighborhood income/median rents
- Employment in the area
- Crime statistics
Besides the actual property itself, what are the other, more human factors, I need to take into account when learning a new market/new neighborhood? Thanks for the help! I'm really enjoying the wealth of knowledge BP has to offer!