The Right Location Checklist

When looking for the right location to buy investment property, keep some of these things in mind.

How is the appearance of the neighborhood? Are the properties well taken care of? Are there old cars or boats parked on lawns? Make sure you would like to live in this neighborhood.

Is there good drainage, do you see adequate storm sewers and good elevations.

Are there churches in the neighborhood and schools.  This is most important to alot of homebuyers.

Look for hazards such as high tension wires or open drainage ditches.  I stay away from water towers.

What is the proximity to recreation facilities, parks, swimming pools, activities for the kids.

Is there adequate shopping in the neighborhood?  Every property benefits from being near shopping facilities including beauty salons, restaurants.

Also look for good transportation, are there bus or trains near by, is the road system in good condition.

Check for medical services, see how far the nearest hospital is.

Using this as a simple guide can help you make a better choice for locating a good investment property. 

 

Leave a Reply