Analyzing Residential Real Estate Market?

Analyzing Residential Real Estate Market?

Member since 2021 · 6 posts · 0 votes

I'm looking for the best book that is solely focused on analyzing your Residential Real Estate Market. I'm in the process of creating a spreadsheet of items to be ticked off to determine if it's a deal or not. Seeking to expand my knowledge and any blind spots I may have. What is your best book recommendation that solely focuses on analyzing your market? 

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  • Member since 2021 · 6 posts · 0 votes
    6mo
    Quote from @David Elliott:

    I'm looking for the best book that is solely focused on analyzing your Residential Real Estate Market. I'm in the process of creating a spreadsheet of items to be ticked off to determine if it's a deal or not. Seeking to expand my knowledge and any blind spots I may have. What is your best book recommendation that solely focuses on analyzing your market? 


     This is in reference to multi-family properties. I plan to enter Florida as my first investment area. 

  • Nicholas L.Pro Member
    Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
    6mo

    @David Elliott

    how many units?  the best way to analyze a market is to go to that market and talk to people in that market

    yes, there does need to be spreadsheets / math etc. but it seems like people in the forums want to math their way to deals without the in person component and that is tougher right now

    hope this helps

    • Member since 2021 · 6 posts · 0 votes
      6mo
      Quote from @Nicholas L.:

      @David Elliott

      how many units?  the best way to analyze a market is to go to that market and talk to people in that market

      yes, there does need to be spreadsheets / math etc. but it seems like people in the forums want to math their way to deals without the in person component and that is tougher right now

      hope this helps


      I was shooting to find my first deal with a duplex at least, but in hopes for a four plex.  

    • Member since 2021 · 6 posts · 0 votes
      6mo
      Quote from @Nicholas L.:

      @David Elliott

      how many units?  the best way to analyze a market is to go to that market and talk to people in that market

      yes, there does need to be spreadsheets / math etc. but it seems like people in the forums want to math their way to deals without the in person component and that is tougher right now

      hope this helps


      I was shooting to find my first deal with a duplex at least, but in hopes for a four plex.  

    • Member since 2021 · 6 posts · 0 votes
      6mo
      Quote from @Nicholas L.:

      @David Elliott

      how many units?  the best way to analyze a market is to go to that market and talk to people in that market

      yes, there does need to be spreadsheets / math etc. but it seems like people in the forums want to math their way to deals without the in person component and that is tougher right now

      hope this helps


       What would you say are the top 5 things to look for while analyzing a market in person?

  • Investor · Member since 2026 · 30 posts · 8 votes
    6mo

    If your main focus is to create a spreadsheet of items to tick off, you can easily just Google what items to include within a deal matrix.

    Short answer is:

    purchase price

    repairs/reno cost

    ARV

    Sale price/rental income ability (figure out your exit strategy before you close on the deal)

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