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Smart Real Estate Investment for Beginners | Tom Ferry Podcast Experience

The Tom Ferry Podcast Experience

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How to Pick the Right Area for Your Home

The other thing you're looking for is a cash flow too. Anything in our little downtown area is a buying now. You could have bought when I started buying, they were in the 20s and 30 thousand dollars. That's what you paid for a house. Today, the same little house is over 350. And they're, they're 1940s, 50s, 60s. They are in the heart of the downtown. Yeah. Well, so wait to get the insurance on it. that's the other thing. So there's a lot of different key insights on just knowing your local market. It may not be the perfect area, but it's got a great cash flow.

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