Finding New Emerging Markets
I am looking at doing some larger out of state 50+ door Multifamily Investments and looking to identify potential new Emerging Markets.
I am generally looking at a few core factors: 1. Job Growth 2. Population Growth 3. # Household Formations 4. # Building Permits etc. to identify initial potential locations. Also been reaching out to Brokers and Property Management firms to get a better understanding of my initial target areas.
What Emerging Markets are you actively investing in? Any other recommendations?