How do I locate the best places to invest near me?
I want to keep this simple because I’ve seen a lot of people talk a lot about this topic but haven’t heard anyone break it down simply. I am attempting to find out what the best areas are around me to start looking for rental properties, while also figuring out which ones to exclude. I currently live in the Dallas area and have done my preliminary research to identify it as an area with strong long term growth potential, growing population etc. I am now trying to narrow down the best neighborhoods/ zip codes I should be starting my search in. What financial metrics are you guys using for this? Are there any tools you have used to simplify this process? I want to know what key areas to focus on so I can then go through my due diligence process on each individual property without wasting my time looking in the wrong areas that are not good opportunities. Thank you!