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Im a new Investor, looking for our first investment property. We are looking to do a Rehab and make a profit but first we have to be able to find the area in our city that has property selling. My main question is How do I find the hot areas inside of the market that I want to invest in?
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The best thing to do is start doing research. Find out what homes have sold for, the condition they were in & how long they took to sell. It may be wise to get a good Buyer's agent to help you with this, since they can get into the MLS & tell you where a good location to buy now would be based on what has sold recently.
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