How can I determine if a property is a good investment?
How can I determine if a property is a good investment?
A good investment property offers strong potential for appreciation and consistent income. Evaluate the neighborhood's growth trends, job opportunities, and rental demand. Analyze the property’s cash flow, considering operating expenses and expected rental income. Metrics like the cap rate and return on investment (ROI) can help you decide. Properties in desirable areas with a history of rising values and robust tenant demand often make solid investments.