• Home
  • /
  • Blog
  • /
  • Find the “Blue Chip” Neighborhoods in Your City

Find the “Blue Chip” Neighborhoods in Your City

December 7, 2007
Forbes did an interest article on "blue chip" neighborhoods that rarely go down in value and have always had solid appreciation, such as Pacific Palisades, CA http://tinyurl.com/2h4bpq Every city has such neighborhoods and you should look at these areas as the "heartbeat" of your city - when these areas are up, the surrounding areas go up in value.  I call this the "blob" effect in my book, "Defensive Real Estate Investing".  Buy the cheapest or worst houses on the block (the "WOBs") near the BLOB, and your investments will be a good, safe bet. --->>> Defensive Real Estate Investing

Share this article

William Bronchick, ESQ.

Nationally-Known Attorney, Author, and Speaker

Attorney William ("Bill") Bronchick, the host of Legalwiz.com, has authored six best-selling books and is sought nationwide for his 30+ years of real estate and legal knowledge. He has been interviewed by numerous media outlets, such as CNBC, TIME Magazine, USA Today, Investor Business Daily, Forbes, and the LA Times, to name a few. William Bronchick is the co-founder and past President of the Colorado Association of Real Estate Investors and the President of the Colorado Landlords Association. Click on the "About" link above for more information on William Bronchick.

Related Articles

Finding Contractors

Finding a contractor that is honest and reliable is a tough, but crucial part of your real estate business. Here are some tips for finding that “Golden Nugget” of a contractor. Referrals This is the most obvious and easiest way to find contractors. Try to secure referrals from investors and friends; somebody you know and trust who

Read More