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510 | Real Estate 2024 Update | Scott Trench
ChooseFI
Invest Locally, Succeed Globally
Investors often overlook the importance of local connections when entering specific markets. While the Midwest presents opportunities, success hinges on having trusted relationships with local property managers and contractors. Investors should prioritize their ties to a city over the city itself, as familiarity and support networks significantly influence investment outcomes. Historical market perspectives, like those on Detroit, illustrate the unpredictability of market dynamics and the importance of cautious evaluations.
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