How to learn a certain market or other markets

[Jason Gamio]

Hi All,

I’ve been reading a lot of posts on the site and I’ve enjoyed most of them and found them to be beneficial.

I’ve read a lot of people saying you should learn the market in that area but what does that really mean?

What are things you should look into to learn a specific market?

What do you research?

Any advice would be greatly appreciated!

Thanks!

[Josh Oaten]

@Jason Gamio

You will need to look at things like:

• Median household income
• Crime
• Past 12 month major development and new development coming
• Sales Comps
• Rent Comps
• Schools and education 
• Major shopping, groceries, starbucks etc... in the area

I would suggest making a google map for this type of thing. @Omar Khan has written a great article on this https://www.biggerpockets.com/member-blogs/10776/79833-underwriting-the-google-way-building-maps-not-numbers

Take a look and reach out if you need anything further.