A good real estate location will make or break an investment. “Location, location, location” is one of the most common things said within the real estate industry. However, many people don’t seem to understand what a good location really is. Although the meaning of a good location is subjective to each homeowner, you must always keep in mind the needs of future potential buyers. The following list entails some of the most important things to keep in mind when choosing your real estate location.
Select a Good Real Estate Location: Community Growth
Ever run into an unstable neighborhood with a nicer house randomly planted right smack in the middle? You might think to yourself why someone decided to build that here. What you might not know is that the neighborhood might be quickly becoming a hub for small businesses. That nice home will soon be worth much more once the community begins to grow over time. Therefore, when choosing your location, it is always best to understand the potential of an area as your investment can lead to big profits in the future when you finally decide to move out.
One of the most common reasons for people deciding to move out of their homes is because of their growing family. If you have kids, you may want to consider a number of factors before deciding on a new location to buy or build your home. This means understanding how close the nearest schools are, how safe the neighborhood is, and if there are any potential safety hazards within the area, such as large lakes. Looking into these things will make both you and your children’s lives easier.
Select a Good Real Estate Location: Lot Location
A very important thing to consider when deciding to build or buy your home is the location of your lot. Hasty placement can ruin even the most beautiful home. Not many people would want to spend millions on a home right next to a busy street. Other factors to consider are the surrounding areas. These can include being right next to gas stations, retail stores, or other places of constant activity. This is actually why many homes become rentals rather than sold entirely. Be sure you end up moving to a home with a lot in a convenient location for you and your family.
Location is everything when it comes to real estate. Sure, people want the perfect home, but they also want to make sure that their property doesn’t lose value or that living doesn’t become a frustration due to location. Simply adhere to the list above to ensure that you don’t make these simple mistakes.
See you at a meeting soon!
The Southwest Florida Real Estate Investment Association is the leading source of SWFL real estate investing events that provide investment education and networking in southwest Florida. We analyze the housing market and foreclosures and provide information, education and networking events in order to build a network and knowledge base for investors and potential investors. Our members include real estate agents, brokers, investors, hedge fund managers, rehabbers, wholesalers and more.
Our SWFL REIA General Meeting is held in Fort Myers where we provide education on hot topics in investing and an opportunity to enjoy the camaraderie of your fellow investors. You’ll get a chance to ask for advice from successful real estate professionals and even make a few deals on your latest projects.
To become a member, anyone can register as an individual, a couple, or a corporation. Being a member opens the doors for endless networking opportunities, advice from members with decades of experience, new ideas from entrepreneurs, camaraderie with those just beginning, and deals and contracts done in the meeting room. For those interested in Cape Coral rental property investment and/or Fort Myers rental property investment, SWFL REIA will be able to provide a network to help launch a successful investment career.
The SWFL REIA is known and respected as a source of current, actionable and useful information about the housing market in the area that we meet.
We meet twice a month.
One of the premier sources for real estate investing networking and education is the SWFL REIA. In the real estate world, the SWFL REIA is different in that it does not do information product sales. Their meetings are focusing on the best ways of investing in real estate by collaborating with other property investors who are sharing their experiences.
We look forward to meeting you at a meeting soon!
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