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All Forum Posts by: Matt Mahony

Matt Mahony has started 3 posts and replied 3 times.

I am considering installing solar panels on my primary residence in Massachusetts, but I don't know how this affects the resell value of the home.  I will probably go with buying the solar panels outright, so I don't have to deal with a lease.  How will the solar panels affect the home's value?  I imagine it should raise the value, but I don't know by how much.

I am new to real estate investing, and I do not know how to take the next step.  When researching a property, what are good ways to gather information to assess if the property is a good investment?  I should mention I am looking to invest in remote markets, so a physical walkthrough is not an option.  Information I am looking for:

- Current rent
- What utilities are included in the rent, and their average cost
- Market rent (if different)
- Condition of the property (age of water heater, roof, any major repairs necessary)
- Vacancy rate

Are any of these public information?  If I ask the current owner for this information, how can I be sure he/she is not adjusting the numbers to inflate the property's value?

Thanks,

Matt

Post: How to research real estate markets

Matt MahonyPosted
  • Daly City, CA
  • Posts 3
  • Votes 2

I am new to real estate investing, and am looking for advice on how to research the best markets.  What information do you look for?  And what resources do you use to gather the information?  

I have decided to target multi unit apartment complexes in the midwest, but there are still a lot of good markets out there, and I don't know how to narrow down my search further.

Thanks,

Matt