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Updated over 7 years ago on . Most recent reply

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60
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Taylor Nunn
  • Zion, IL
35
Votes |
60
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Evaluating a market: (First time home buyer)

Taylor Nunn
  • Zion, IL
Posted

What are the main factors YOU take into consideration to decide what market to invest in? If my area doesn't have the best market, but I find a good deal, should i still pursue?

How much more of a factor is the market, compared to the numbers on the deal? What if nobody buys/rents? 

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Replied

You first need to clarify if this is a personal home purchase or a income investment property.

A personal home is a lifestyle decision and definatly not considered a investment, it is a liability.

Personal home and income investment property are at the opposite ends of the spectrum. Combining the two is a cross between a horse and a donkey. 

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