photo credit: Matthew Oliphant
Anyone who is interested in real estate investment knows that the most important thing you can have in this business (besides money) is good timing. Being able to get in a good bid on a house that just went on the market can make a big difference in the quality of the real estate that you’ll buy. In order to be able to have that good timing, the investor needs to be able to use the right tools to find real estate on an ongoing basis.
Another new tool has been added to the mix for those people who are interested in staying on top of the available real estate in any given area. That tool is a “real estate” search feature that is now available on Google Maps. You simply go to the Google Maps website and enter an address near which you want to search. You then click the “show search options” button that’s in the middle of the top of the page. This will reveal the ability to search for things in the area such as businesses. It will now also let you see the real estate that is available.
This isn’t necessarily an ideal tool for finding general real estate deals. That’s because you have to know the area that you’re most interested in to use this feature. However, it can be a great tool for finding new properties available in an area that you like. It’s also good for identifying?neighborhoods with a lot of properties available in your city or for figuring out the basic list price of real estate in a certain area.
It’s never a good idea to put all your eggs in one basket. This new tool from Google certainly shouldn’t be the only tool that you use for real estate leads. In fact, it probably won’t even be your primary tool. But it is one option out of many that you can use when researching properties for new investment.