Updated over 4 years ago on . Most recent reply
Researching out of state
Hi my name is Jason and I'm just starting out my RE investing journey. I've been watching a lot of YouTube videos, listening to a lot of biggerpockets podcast, and reading books. Currently residing in CA and as everyone knows the housing prices here are insane compared to out of state. I've read multiple blogs / websites / youtube videos on how to determine which state is primed for investing and the general consensus is to look for:
Population Growth
Job Growth
Job Diversity (More than one major employer)
Average Rent Price
Average Home Price
Crime Rate
Cost of living
My question is, where do you guys pull these data points from? I've used sites like citydata, best places, and areavibes but a lot of these data are giving conflicting information and I am not sure how accurate these info are. Is there a more reliable website you guys use that has accurate info? Is there other steps I am missing when researching a certain state / area?