Cities Not Included in REIN`s Research

[Nir]

Hi,

From time to time interesting offers exist in cities other than REIN`s top 10.

We are not always able to conduct the same level of due diligence as when it`s a "REIN" city.

What are the top 3 things to find out about a new city in your opinion?

how about:

1. vacancy rate
2. ?
3. ?

Regards.

 

[Thomas Beyer]

QUOTE (investmart @ Jul 13 2009, 08:19 AM) What are the top 3 things to find out about a new city in your opinion?
a) in-migration
b) CAP rate (or rent to price ratio)
c) industry diversification
d) new investment into infrastructure
e) employment levels / un-employment rate
f) ability to manage
g) cash per door
h) price per door
i) ROI on cash invested

 

[Nir]

Thank You Thomas for the excellent summary of what`s important when checking a new city. To summarize - rent ratio and a visit to the city hall

g-h are correctly last as CAP (or rent ratio) already belongs to the same family of indicators.