FAR 305 - How to Research a Neighborhood, Part 1

Published: Nov. 3, 2019, 5 p.m.

There are a number of websites you can visit to get community information when doing your research on a property. We will review 18 of them. them today coming up. Plus we are going to talk a bit about student loan debt. As a free service I\u2019ll be sharing with you the ONE big tip to reduce or eliminate student loan debt. During this discussion I also share the best way to make money if you do not have a degree and the best way to make a lot of money if you do. Also in the news today is Rent Control. I\u2019m likely to get on a little rant about this because rent control is not just a bad idea - it\u2019s an evil scourge. The politicians who push for it have to either be complete morons or complicit in the evil scheme to damage or destroy urban life. And yeah, I might quit beating around the bush and tell you how I really feel about it.\xa0

In fact, I think we should schedule a show on rent controls. I\u2019ll put that on the list.\xa0\xa0

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News:

Weekly mortgage demand is flat as interest rates hit the highest level in 3 months

https://www.cnbc.com/2019/10/30/weekly-mortgage-demand-flat.html

Rent control will kill multifamily real estate

https://www.nationalmortgagenews.com/opinion/rent-control-will-kill-multifamily-real-estate

Here Are The Countries On The Brink Of Recession Going Into 2020

https://www.forbes.com/sites/sergeiklebnikov/2019/10/28/here-are-the-countries-on-the-brink-of-recession-going-into-2020/#2c81edbb3017

How Real Estate Can Replace Student Debt With A Promising Post-Grad Position

https://www.forbes.com/sites/forbesrealestatecouncil/2019/10/28/how-real-estate-can-replace-student-debt-with-a-promising-post-grad-position/#62a3daca205c

RE Tech Review:

Steps in DD

C.L.U.E report - past insurance claims.

Inquire about insurance (higher than normal rates = prior claim history)

Run a Report, homedisclosure.com may be the best. Trulia is pretty good.\xa0

Consumer businesses owned by ATTOM Data,

got bought by Renovo in 2011 and changed name to ATTOM Data

ATTOM sold in July 2019 to Lovell Minnick, a Private Equity firm\xa0

Realtytrac.com https://www.realtytrac.com/ https://fitsmallbusiness.com/realtytrac-reviews-pricing/

https://www.yelp.com/biz/realtytrac-irvine

https://www.consumeraffairs.com/housing/realtytrac.html?page=2#sort=recent&filter=none

Really consistently terrible reviews. Could be reason for the name change?\xa0

Homefacts.com bought by ATTOM Data in 2012

Provides interesting information about the home and the area. Crime and school information useful. Other items as well.

Homedisclosure.com - Launched by RealtyTrac in 2016

You have to create a free account. Then you get all the same information as homefacts.com but in a more modern, appealing format. This one is truly useful.\xa0

More Property research sites

  1. https://www.neighborhoodscout.com/search/location/2343996
  2. https://spotcrime.com/
  3. https://www.nso\xa0 pw.gov/Error?aspxerrorpath=/en-US/Registry
  4. https://www.crimereports.com/?kbid=62548
  5. https://www.mylocalcrime.com/?kbid=62548?kbid=62548
  6. https://www.crimemapping.com/?kbid=62548
  7. https://www.homesnap.com/
  8. http://www.homegain.com/
  9. https://www.areavibes.com/
  10. http://www.greatschools.org/
  11. https://www.streetadvisor.com/
  12. http://www.realestateabc.com/index2.php
  13. https://www.homefair.com/real-estate/city-profile/
  14. https://www.bestplaces.net/
  15. https://www.safewise.com/
  16. http://www.city-data.com/
  17. https://www.walkscore.com/
Comment Line calls and Questions

Call 404-369-1018, press 1 and leave your message!\xa0

Motivational Thoughts for the day

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  • \u201cWhat\u2019s the point of being alive if you don\u2019t at least TRY something remarkable.\u201d --Anonymous

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