Remerica Hometown One
1. What are the neighborhood sales in the past 6 months?
2. What are the homes renting for in the immediate vicinity ?
3. How many other vacant or burned properties are on the same block?
4. What is the cost to insure the property?
Great neighborhoods or poor neighborhoods all have measurable characteristics.
You cannot get a true sense of that over the Internet ! You need to work with professionals before you spend one dime. We are talking about several thousand dollars and an INVESTMENT, which requires research, planning and a good strategy.
Work with someone who specifically works with investors and has enough resources to help you navigate safely in our market.
Take a look at a blog we have specifically for investors:
Letitia N. Patterson
KELLER WILLIAMS RLTY WOODWARD MARKET CENTER
ROYAL OAK, MI 48067
Cell: 248 506-9426
Fax: 248 504-5656
Skype ID: LetPat1