CALL TO ACTION

Tuesday, February 14, 2017

Phoenix Real Estate Investing Training: How to Pick the Neighborhood

Phoenix Real Estate Investing Training
Phoenix Real Estate Investing Training
Everyone has heard that you need to pick a good neighborhood for your residential investment property. When consider your Phoenix real estate investing training, learning how to pick the right neighborhood could be one of the most important lessons you will learn. The neighborhood, and general location, matters because it will affect both the look and feel of the home.

One of the biggest factor for all home buyers is safety. Regardless of marital status, kids, or whatever the situation, most people interested in buying or renting a property will want to feel safe. When shopping for the investment property, do you feel comfortable walking around? Would you feel comfortable at night? While some potential buyers may actually look up crime rates, the feel of the property could be more important than the official crime rates. This is especially true if the property feels unsafe even with attractive rates.
Phoenix Real Estate Investing Training
Phoenix Real Estate Investing Training

Another thing to look for is a Starbucks. Yep, the good old coffee shop. A study done by Quartz concluded that the best real estate prices are correlated with the locations of Starbucks. While you can point directly to Starbucks, this pattern may be part of a bigger picture. Having proximity to higher end shopping centers or restaurants is a good sign. So, even if you can’t find a Starbucks, keep your eyes open for good shopping locations.

While there can be many aspects of a neighborhood to consider while pursuing Phoenix real estate investing training, the last to mention is that the neighborhood should exhibit pride. If the home owners in the area take care of their houses, yards, and property in general, it will be a more attractive and welcoming feel. Even a nice neighborhood that is poorly maintained will come across as a lesser option.

No comments:

Post a Comment