Boston area - best resources / criteria for choosing target area
Hi all
I'm pretty new so I apologize if any of this has been covered. Basically I just signed up for the Joint Venture program with Richard Roop who leans towards owner financing using creative strategies and a long term hold approach. Typically it would be an attractive offer (usually over retail) with low or no interest owner financing over 10-20 years
I'm in the beginning marketing stage and I just had 1000 postcards go out targeting high equity and free and clear owners in Boston (specifically Allston, Brighton, Cambridge and Somerville). These happen to be areas I like and would love to own property in. However the demand here is super high, rents are up, and typically when a multi or well priced condo hits mls it is going for more than asking.
The purpose of my post is to sort of plan ahead if these areas don't yield results. Can anyone tell me the best ways to determine other areas to invest in and what types of criteria I should look for? If there are specific websites you use to find where you want to invest I would love to hear about it
Thanks in advance