Hi I am new here in the group, and new in general in the field of real estate investments… I would be happy if you could expand…
Hi I'm new to the group here, and new to real estate investing in general ... I'd love if you could expand on the sources for conducting a market survey before heading out / field trips Thank you!
The most important thing is zip code, you choose one city in which you want to invest, focus on one neighborhood and choose 2-3 blocks at first. Drive around the neighborhood and talk to the residents and try to collect as much information as possible, rental prices, security, education, transportation, what's good there and what's less.
Go to her towns and see how the area is going to develop and all the other things the residents have told you.
You will start to see apartments through Hand 2, knock on doors and any idea that comes to your mind, the main thing is that you will see as many properties as possible. Only then will you turn to a realtor who has knowledge and understanding of the area in which you want to invest.
You are welcome to join a field tour for real estate investments that we conduct, you will learn a lot about market research and what you need to pay attention to.
First, build a business plan that includes your overall goal, the way to achieve your goal, your intermediate goals, and your nodes. After all market choices. Look for my old posts here on this. After all that, you can start investigating. I strongly recommend that you go and study the topic before you start researching. Successfully ?
Choose a place first by budget
Welcome, for the purpose of conducting an area survey, you can use local realtors, apartment sellers, local business owners, sites such as second hand, Madeleine, the Tax Authority website, the government map site, the Municipal / Municipal Engineering Department, draft a government taboo.