02/26/2022
You’ve heard it before but I’ll say it again:
The three most important things to consider when buying a home are…
Location, location, and location. 📍
What about location makes it so important when considering real estate investing? 🤔
The condition of a home can be changed. The size of a home can be changed. Location can not.
Supply and demand are two factors that will always play a role in appreciation, and housing supply in great locations is limited to the number of homes in that location. 💡
Location creates desirability; desirability creates demand; and demand is what ultimately raises real estate prices. 💥