Much proverbial ink has been spilled on how real estate as an investment asset class has become a required part of a well balanced investment portfolio. This is welcome news for real estate investors as it invites substantial amounts of capital to flood the market. This is typically a good thing.
One of the challenges to achieving this goal, though, is a lack of quality information. Specifically, I’m referring to quality information about the sub-market and even more importantly, information about the specific property that a buyer is pursuing. Sure, there’s lots of information available about the city or town in which the property is located, but more granular information about the particular sub-market and the property itself is virtually non-existent. Continue reading →