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Ciaran Hyman-Martin
  • Houston, TX
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Deciding where to start investing?

Ciaran Hyman-Martin
  • Houston, TX
Posted

I currently live in Westchester, NY and would love to invest here but with the prices of properties and with the way things are going in NY legislation, it no longer seeming like the place to invest for rentals, at least in downstate NY. Does anyone have any advice on how to go about analyzing other areas as potential areas for real estate investments?

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Johnny Wolff
  • Investor
  • Kansas City, MO
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Johnny Wolff
  • Investor
  • Kansas City, MO
Replied

@Ciaran Hyman-Martin - definitely and this is a great question.

A few to start you with

1) price appreciation over last 5 years

2) net population migration/population growth

3) Income per capita

4) Income growth

DM me if you have further questions. Asking how to analyze is the right framework - keep asking these types of questions, you'll do great

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