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Positive Real Estate’s CEO Sam Saggers shares his simple tips for finding a hotspot, in Smart Property Investment Magazine’s “The Weekend Project” segment.
“The research that you can put together to find a hotspot is really important.”
“Find out where the infrastructure is going – it’s an important growth driver.”
“Find out where the wages are growing, where the economics of an area are changing, and where more jobs are going to be situated. In this day and age, people love living close to work, and it’s usually a key indicator whether a market is going to be on the move.”
“Follow the rental returns – if rents are jumping you can tell there’s a supply and demand issue going on in the area.”
“Follow the demographics – sometimes retirement areas aren’t the best areas to invest.”
Sam’s 3 Tips to Finding a Hotspot:
1. Follow Auction Clearance Rates
2. Follow the discount rates on property
3. Follow days on market – they will tell you if the market is buoyant.
Sam has worked hard to be a leading industry expert, however his true focus is helping ordinary people create wealth for themselves and their families.
Positive Real Estate clients quickly learn not only how to know when a market has peaked, but when to buy and where to find great property deals which they can then use to reach their financial goals.
We give our clients the resources they need to succeed, such as top notch educational services, a lineup of some of the industry’s leading experts in finance, taxes, retirement planning and much more.