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Real estate
Do you think location plays a major role to determine success of a real estate investment?
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[QUOTE="Jasz, post: 234726, member: 61772"] In my experience, location absolutely matters when it comes to real estate investment. Location is important for determining the quality of a property's upkeep, as well as how quickly you'll be able to sell it. For example, if you invest in a property located in a less safe area, people are going to be less likely to pay top dollar for it and might even skip over it altogether. If you invest in a property in an area with high standards of living, then you'll get higher-quality tenants and will be able to sell the property quickly and for a better price than if you'd picked another location. Location will determine how much it costs to operate and maintain the property. You should always take the time to research a property's location before you decide to invest in it. [/QUOTE]
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Do you think location plays a major role to determine success of a real estate investment?
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