Rental Property Investor · Cleveland, OH · Member since 2013 · 85 posts · 146 votes
Hello All,
What are your best practices that you use to analyze a certain market or neighborhood in order to figure if you want to invest there or not? (I am looking at this from a macro level)
What are the trends that you look for?
What are the resources that you use?
I know this is a broad question because this question will be different for buy & hold, wholesaling, flipping, etc.
Flipper/Rehabber · Memphis, TN · Member since 2008 · 5k+ posts · 2k+ votes
11y
One thing I do is look to see what other homes have sold for in the area and how many are retail compared to investor sales. Since I am a Realtor I can look up my own comps.
Investor · Atlanta, GA · Member since 2014 · 132 posts · 40 votes
11y
From macro level, I always check city-data.com and search the city and zipcode. It has rich information about the target area. Data can also found from US census as well.