Choosing an investment market by asset location parameters
Choosing an investment market by asset location parameters
It's time to step out of the comfort zone and as a spectator and a student and move to an operative side
I try to examine and select an area. From what I read in the forum and videos on YouTube I chose the following parameters:
Environment parameters for Property location
1. Positive migration, families moving to help have leveraged construction and renewal
2. Unemployment rates as low as possible for the population in the region and for the general population (to ensure that the population has money)
3. Property location - nearby schools \ community centers \ Universities \ Main road \ - The location of the property, located in an area close to community centers, schools, access to the main road
4. Location capacity - more home owners then rented homes (at list 70%), high rents - a location where most homes are privately owned and rental demand is high
5. Social status - the area is based on family with children - a section of the population in the area - to search for an area where the majority of the population is families with children
6. School rate, higher as possible - Grade for schools in the area - as high as possible
7. Crime rate, lower as possible - Crime percentage in the property area as low as possible - Pedophiles in the property area
8. Income rates (above 60K for year) - Average income in the property area - as high as possible
9. New building projects in the location or nearby (permits) - New projects for construction in the property area
10. New projects for population - Are there large tenders in the area that will bring a new population to the area, new factories, and companies that move to the area
At the same time, I read the following article, the best markets for investing in 2019 according to Forbes:
https://www.forbes.com/…/2019-best-markets-for-real-estat…/…
I focused on the following cities:
1. Jacksonville
2. Orlando
3. Charlotte
4. Indianapolis
5. Alabama
My strategy for the next two years are Fix & Flip deals only.
Are there any recommendations on one of these markets? I would be happy to receive testimonials from experience and experience.
I do not want to do Andandino….
Thank you in advance for helpers.
The Best Markets For Real Estate Investments In 2019
Even with interest rates inching up, investing in real estate - and especially in rentals - will be a good move in 2019. Avoid markets that are already over-priced and look for markets with high growth.
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There are many good places,
Team is the most critical thing.
Asset manager, contractors and connections as much as possible
Charlotte. The entire area of the nc is rising
300,000 New residents in Florida every year in recent years. All those who once came only for a vacation now buy permanent homes. Please do not eulogize Florida. Just do not buy in the famous places where the excessive supply puts the sales there.
Every word carved in stone
Amir Izhaki
The Florida market was plowed from all directions. I was going to North Carolina, Charlotte
There is a positive migration of a quality population and if you can find the second ring where you can find broken houses in 50 and sell in 120
Must agree with Eran. For a living, I write content (beyond real estate), especially in the field of finance and real estate, both in Israel and abroad.
What happens is that a public relations firm at best or a property advertising agency “article on behalf” without it being mentioned in the article itself. Sometimes there are requirements to write about some particular cities and alongside them add other cities. These articles are published on leading financial websites.
In the case of this article it is from Forbes - so there is a chance that it is real.
It's true. The analyzes are on paper. A good local team is the formula.
Recommend you instead of focusing and analyzing the market, focus on looking for good local partners.
The market is less than a year…
Sagi Get a gold tip, release all these articles. (Some are invited) and you can buy in a distressed area !!! I recommend Panama City Florida that Hurricane Michael totally destroyed. Fly to buy a few broken houses and you can double the investment easily !!!