REI MultiFamily & SingleFamily
When deciding to pick a property to invest in, for example a MultiFamily, what are some indicators that one looks into? Of course price, vacancy ratio in that area, rent to value return, and comparable rents, does a neighborhood play a role? If it’s near a home, purchasing a multifamily, and renting out many rooms by one is most profitable. Would this be most profitable near a college/school? Where you can rent it out to students? Does one look at such stuff?
What are other things one looks at? I know there is population growth in the area, infrastructure, job increases, but what else? Thanks guys! Answers from veteran investors is gladly appreciated! God bless!
Arthur Voskanyan