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Updated 8 months ago on . Most recent reply

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41
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Ian Hutton
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41
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Market research michigan

Ian Hutton
Posted

Hey everyone, 

My question is what are the key components you look for when doing market research? I’m curious if I’m missing anything to my list so far I have (per zip code) also I currently invest in the Lansing area.

Projects in the next 10 years (expected start and end date) 

Average household income 

Crime score 

Average home price 

Population growth past 10 years

Who are the major employers 

And vacancy rate 

Job growth 

Tenet demographics

& government and taxes

Most Popular Reply

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Drew Sygit
  • Property Manager
  • Royal Oak, MI
8,544
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Drew Sygit
  • Property Manager
  • Royal Oak, MI
Replied

@Ian Hutton what you're doing is great, but probably overkill.

If you're investing in Lansing, you could do this once, but then you'll learn so much more by being hands-on and networking.

How many rentals in Lansing do you actually currently own?

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