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Updated almost 12 years ago on . Most recent reply

User Stats

65
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12
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Stephanie Foret
  • Houma, LA
12
Votes |
65
Posts

Numbers vs Neighborhoods

Stephanie Foret
  • Houma, LA
Posted

Most of the blogs, podcasts, and books I have been reading just focus on the numbers when finding a deal. I started wondering if its just about a good deal or of there is more that goes into it. I live in a small-ish but growing town with not much investor activity that I can find anyway. I was wondering if there are areas that investors are more likely to buy in or if a good deal is a good deal and it does not matter where it is. If so can anyone explain to me what a neighborhood that attracts investors would have? Or what to look for?

I have read to check the tax assessor record and see who is buying multiple houses, it's around $260 or so for access to the tax assessor's web site. I have heard tax records were public record, canI go in person and ask for tax records or would it still be the same price?

Another piece of advise I found was to drive around and look for "for rent" signs. There are VERY few houses for rent here. I think it's a mix of not much investor activity and low supply vs high demand.

I do believe Houma would be a good place for investors, it has grown significantly in the past few years ,even bringing in new companies during the recession, and continues to show a solid growth rate.

Thanks for the responses and advice I appreciate everyone's time.

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