BUY PROPERTY
STEP 3 - INVESTMENT AREA INFORMATION
 

 

Now that you have your list of needs and wants and you know how much you can afford to spend, it's time to step back for a moment and consider the larger picture. People don't just buy a property: they buy the area the property is in. Think about if you found the perfect property, but it was in an area that wasn't to your liking, would you make an offer on it? Probably not.

So, you will need to make another list of what type of area you want to invest in. You will most likely want to consider things like how being located in the area will affect your drive time to and from major destinations, what

 

amenities are offered (swimming pool, tennis courts, parking, etc.), and, the demographics of the surrounding area. You may even want to make two lists, just as you did with your property criteria.

I will help you consolidate the information from your various lists and incorporate this information into a broad search profile. This can then be narrowed down to specific areas dictated by the market in which you will be looking. My experience in local markets will be an invaluable resource during this step.