1. Good Public Transportation
Over the years, the number of people traveling through public transportation services such as buses and trains has increased a lot. Besides, people these days don't want to use their personal car to move from one place to another. One of the main reasons behind this is that public transportation is relatively cheap and produces less pollution.
That's why while investing in a real estate property, look for a neighborhood that has good public transportation. Good public transportation is always a plus for a neighborhood.
2. Educational Institutes
Educational institutes are considered as one of the top amenities for a residential investment property. Families with school-age children like to live in a neighborhood with good educational institutes such as schools and colleges. Again, if you're offering single-family rentals, you should focus on the schools and colleges' quality.
Again, neighborhoods that are close to universities are in high demand. That's why if you want to maximize your profit and don't want your real estate property to be vacant, you should choose a neighborhood that has a university in close proximity.
3. Restaurants and Shops
Restaurants and shops are also considered as the top amenities of a residential investment property. When there are a number of shops and restaurants in a neighborhood, it allows the tenants to buy their necessary items easily. Also, when there are shops and restaurants nearby, tenants won't have to travel far to buy their things. This will allow the tenants to save time and travel costs. That's why tenants are interested in renting a house that is close to restaurants and shops.
Again, when a neighborhood has a number of shops and restaurants, it indicates that the neighborhood will grow in the future. Besides, if you see top brands in the neighborhood, it's a green sign for you to invest. Because these big brands or companies only invest in a neighborhood when they think that the neighborhood is profitable.
4. Health and Fitness Centre
Nowadays people are concerned about their health more than ever. That's why while renting a property, tenants look for houses that have a gym or fitness center nearby. Besides, at the end of the day, nobody wants to travel far to go to the gym. That's why you should look for a neighborhood that has a gym in close proximity.
