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A lot of places can make a great rental market, but there’s one type of neighborhood that you should avoid at all costs. Before you start purchasing rental properties, be sure you consider the type of neighborhood.
On this episode of Investing in Real Estate, I’m sharing the type of neighborhood in which you should never buy rental properties. You’ll learn about job stability, ever-changing markets, and more. Please join me for episode 399!
On this episode you’ll learn:
Why it’s a huge mistake to buy in a brand new neighborhood.
The importance buying in an established neighborhood.
Why stability matters.
The history of brand new rental markets.
Why Detroit makes a great rental market.
And so much more!
WSJ: Why So Many Detroit Home Buyers Are Paying in Cash
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If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.