Marco Santarelli, Norada Real Estate, is on air with Abhi and they are talking about long-distance real estate investing. Marco understands investors who are looking to invest out of market and he gives insight for those who are thinking about investing long-distance. He shares his expertise on the risk of looking at the “national real estate market” as a whole and how you can look past the long lists of markets that are “hot,” and get down to the nitty-gritty.
Marco talks about the key ingredients of what makes a stable market. They might seem like obvious answers, but are you performing the due diligence necessary when you are looking into a property? He gets into job growth and population increase and he explains why trends are so important when looking into a property out of market.
Abhi says that you need to be 110% convinced that your market makes the most sense for you. When looking at all of the factors that go into what makes a market a “good market,” Abhi questions whether or not this creates a paralysis of analysis. Marco looks at four things from a macroeconomic level that he considers when looking into a market. Tune in now to find out all about these four of these when you tune in to Think Realty Radio!
To learn more about Marco and Norada Real Estate, visit NoradaRealEstate.com today!