Feb 28, 2020
Thou shalt diversify. The continuation of our discussion on due
diligence. Jason and Adam present tips on investigating the areas
in which you own property. Use tools like google street view to
take a tour of the surrounding areas to understand the influences
for value and rent.
Adam shares a real life scenario on a property in Merrillville,
Indiana. Find out what questions you should ask before investing in
a property.
Key Takeaways:
[3:00] Thou shalt diversify. Diversity into three to five markets.
[5:55] Use google street view to understand the areas that surround your investment.
[8:30] Check with local property management companies to confirm rent estimates.
[11:15] Put the system to work with a real life evaluation of a current property.
[14:10] The institutional apartments do a really good job of squeezing the rent out. We should be demanding more for our properties.
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