New Investor: Where to find market info?

New Investor: Where to find market info?

Member since 2019 · 1 post · 0 votes

This is my first post in the BP forums! I am 23 years old and just starting my real estate journey. I regularly listen to the BP podcasts, read the BP forums and have read several REI books. While my time learning the basics is by no means complete I would like to start researching areas to invest in. While Zillow and Redfin are very helpful, I feel like they aren't the best sources for investor research. Can anyone recommend good sources for markets trends, market numbers, rent prices, etc.?

I'd like to start investing in a Texas market. No reason other than TX is my home state and I believe we have many strong areas for investment. If it helps I'm also leaning toward the BRRRR strategy.

Thanks!

0Reply
18 views

1 Reply

Jump to latestLatest
  • Joe VilleneuvePro Member
    Plymouth, MI · Member since 2013 · 13k+ posts · 19k+ votes
    6y

    Zillow and Redfin give you everything you need to do market research, you just need to know what is the "baby" and what is the "bathwater"...and the Zestimate is the bathwater.  Most of the info you need can be found in the Property history...but you need to learn how to read between the lines.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.