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All Forum Posts by: Deep Ron

Deep Ron has started 2 posts and replied 5 times.

Quote from @Laurence K.:

@Deep Ron

The website neighborhoodscout.com is good for looking at demographics, especially crime and vacancy.


 Thank you will go over this website 

Quote from @Nathan Gesner:
Quote from @Deep Ron:

I am trying  to purchase a multifamily house , outside of the city where i live it wis about 150  miles from my location ,  how do i figure out the demographics of the area and also the medium income around the area where i am planning to purchase . do i need to look for any big stores/shopping malls or any govt offices around the area to see if the place would be ideal for purchasing the property for renting it .

You can start by reading "Long-Distance Real Estate Investing" by David Greene. He has a lot of information in that book that will help you navigate the process.

 Thank you for the advise , will try to go through the book.

I am trying  to purchase a multifamily house , outside of the city where i live it wis about 150  miles from my location ,  how do i figure out the demographics of the area and also the medium income around the area where i am planning to purchase . do i need to look for any big stores/shopping malls or any govt offices around the area to see if the place would be ideal for purchasing the property for renting it .

I am new to real estate , i just purchased my 1st rental house in fort worth, and made it available for renting for about $2100 , i am getting lot of section 8 / voucher's for the house, although i am interested in renting to to section 8 ,  i am confused on what are the minimum income criteria should i look for  ?  most of the calls coming are having only child support  or $1000 to $1700  income per month .  should this be good base line calculation for renting to them .