HELP! tips and tricks on conducting a thorough market analysis.
Hi all, does anyone have a market analysis regimen or outline they use? Any information related to this topic is greatly appreciated. Thanks in advance!
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Joe Villeneuve
#5 All Forums Contributor
Pro Member
#5 All Forums Contributor
- Plymouth, MI
Numbers with $$$$$$ in front. Ignore numbers with %%%%% behind.
Domps of similar properties in the immediate area set the property values. Rents of similar properties in the immediate area set the rents.
Subtract the typical costs from each based on those costs specific to each.
The net cash flow or profit potential IS your market. It's not any more complex than that.