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Updated over 3 years ago on . Most recent reply

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Jared Gonzalez
  • Real Estate Agent
  • Santa Clarita, CA
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Finding the Right Market

Jared Gonzalez
  • Real Estate Agent
  • Santa Clarita, CA
Posted

Hi BP,

I want to figure out exactly what I want to purchase and save for, but first I want to decide where I should purchase my first property. Is there a trusted way to find out the best areas to invest in right now?

Thank you!

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Taylor L.
  • Rental Property Investor
  • RVA
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Taylor L.
  • Rental Property Investor
  • RVA
Replied

We will generally look for population growth, job growth, industrial diversity, rising rents, and falling vacancies to get started. There isn't one good data source for all of those, you have to look around and compile a variety of sources from Federal, State, and Local Government sources, mainly. 

Then, once you pick a market, study it like crazy. Get to know it as well as if you'd lived there.

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