Location Risks in Real Estate Investing

A seemingly excellent location can deteriorate over time and bring your property’s value and cash flows crashing down along with it.

Locations Risks:

• Local businesses close or move.

• Environmental damage has occurred (such as wildfires, tornadoes, or hurricanes).

• Public transportation has changed or is eliminated.

• Nearby schools lose their credentials or reputation.

• Crime has risen.

Choosing a location that seems promising but doesn’t work out is a common occurrence. It’s important to look not just at the current circumstances but study the history and trends.

Forfour tips on how to manage these risks, click here.