If there's a large rehab taking place- Are you talking dumpsters in the driveways? Drive-out dumpsters. Also port-a-potties. That means that there are people working on that property, which means that that property is going to be improved. Other investors love to talk about their problems. So things like permits. If you're trying to get some major infrastructure set up or updated, whether that's electrical,. Whether that's plumbing,Whether that's adding an ADU, is it difficult to get those permits? Is that increasing construction time?
#411: In the final installment of this two-part mini-series, we walk you through becoming a subject matter expert in your investment city of choice.
We discuss who you should talk to, where you can find them and what you should talk to them about.
Timing of discussion points as of November 2022:
06:11: Who you should talk to
10:09: Why conversations with non- real estate professionals are important
11:49: Where to meet other real estate investors
13:19: Expanding your network, character due diligence and making friends
13:59: Thinking through others cognitive biases
15:56: Potential implications of neighborhoods with “good cash flow”
20:57: An example of objective feedback
29:40: Dumpsters, sewers, permits and problems: Other specifics to discuss
For more information, visit the show notes at https://affordanything.com/episode411
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