The Easiest Way to Find Areas Worth Investing In

If you’re doing real estate market analysis, you’re probably staring at a map or a bunch of numbers on a spreadsheet. While it is crucial to get your numbers accurate when investing in real estate, it may be arguably more important to see a property in the flesh (or bricks) before pulling the trigger on a deal. This is exactly what Kimberly Marie, multifamily investor, does every time she is looking at real estate deals.

Today, Terrance and Chris walk with Kimberly through the Cherry Creek area of Denver, Colorado. This could be described as an A-class neighborhood and would make for a stable, low headache, but low cap rate multifamily investment. Kimberly details the exact classifications that set apart a great neighborhood from a neighborhood that’s just okay. Her analysis may help you find your next multifamily diamond in the rough!

Do you walk the neighborhoods where you’re investing? If you’re an out-of-state investor, how do you ensure a property is in a great area? Let us know in the comments below!

~~~~
Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup
~~~~
Check out Last Week’s Full Interview with Kimberly:

~~~~
Follow Kimberly on Instagram:
@kimberlymarie920 or https://www.instagram.com/kimberlymarie920/
~~~~
Shoot Kimberly an Email:
kim@reddoorrenovation.com
~~~~
Is That Neighborhood Up-and-Coming? Here’s How to Tell:

Is That Neighborhood Up-and-Coming? Here’s How to Tell

~~~~
Understanding Real Estate Property Class:

Understanding Real Estate Property Class: How to Know Where to Invest

~~~~
Connect with Terrance:
Instagram: @terrancedoyle or https://www.instagram.com/terrancedoyle/
BiggerPockets: https://www.biggerpockets.com/users/terrancedoyle
LinkedIn: https://www.linkedin.com/in/tjdoylemathew633/

Connect with Chris:
Instagram: @chrislopez_co or https://www.instagram.com/chrislopez_co/
BiggerPockets: https://www.biggerpockets.com/users/chlopez
LinkedIn: https://www.linkedin.com/in/christaylorlopez/

00:00 Intro
00:48 Kimberly’s Neighborhood Walkthrough
05:20 The “No Spreadsheet” Market Analysis
08:25 Seeing the Story Behind the Numbers
14:09 Building Broker Relationships
17:32 Finding Flexibility on Deals
23:52 Grow Faster with Junior Brokers