BiggerPockets | Buying Rentals? Here’s How to Find the Perfect Neighborhood @biggerpockets | Uploaded October 2024 | Updated October 2024, 5 hours ago.
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Is That Neighborhood Up-and-Coming? Here’s How to Tell:
biggerpockets.com/blog/neighborhood-analysis?utm_source=youtube&utm_medium=description&utm_campaign=none
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Looking to buy rental properties? How do you know which neighborhood is your best bet? Maybe you’ve already found the city, state, or area of the country you want to buy in, but in order to make the most, you’ll need to drill down on where in those areas the best place to invest in rentals is. Chris Clothier has been investing for two decades and has unlocked the key to identifying the “secondary markets” that provide the best returns.
Chris is giving a quick tip on how to get other investors to share their secrets with you, the biggest rookie mistake he made that almost lost him everything, and what to do when you’re selling rentals and looking for a new market to invest in. Pick the wrong area to invest in, and you could be chained to a problem property. Pick the right “secondary market,” and you could have appreciation flowing your way!
00:00 Finding Your "Secondary" Market
01:58 Picking the Right Neighborhood
03:28 Biggest Rookie Mistake
05:48 Selling and Moving Markets
07:51 Your Local Team MATTERS
Connect with Investors on the BiggerPockets Forums:
biggerpockets.com/forums?utm_source=owned_media
Join BiggerPockets for FREE 👇
biggerpockets.com/signup?utm_source=owned_media
Get Started with “The Book on Rental Property Investing”:
store.biggerpockets.com/products/rental-property-investing?utm_source=owned_media
Property Manager Finder:
biggerpockets.com/findapm
Is That Neighborhood Up-and-Coming? Here’s How to Tell:
biggerpockets.com/blog/neighborhood-analysis?utm_source=youtube&utm_medium=description&utm_campaign=none
Connect with Chris:
biggerpockets.com/users/reination?utm_source=youtube&utm_medium=description&utm_campaign=none
Looking to buy rental properties? How do you know which neighborhood is your best bet? Maybe you’ve already found the city, state, or area of the country you want to buy in, but in order to make the most, you’ll need to drill down on where in those areas the best place to invest in rentals is. Chris Clothier has been investing for two decades and has unlocked the key to identifying the “secondary markets” that provide the best returns.
Chris is giving a quick tip on how to get other investors to share their secrets with you, the biggest rookie mistake he made that almost lost him everything, and what to do when you’re selling rentals and looking for a new market to invest in. Pick the wrong area to invest in, and you could be chained to a problem property. Pick the right “secondary market,” and you could have appreciation flowing your way!
00:00 Finding Your "Secondary" Market
01:58 Picking the Right Neighborhood
03:28 Biggest Rookie Mistake
05:48 Selling and Moving Markets
07:51 Your Local Team MATTERS
