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Updated over 4 years ago on . Most recent reply

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43
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Navroze Pirza
  • Rental Property Investor
  • Los Angeles, CA
3
Votes |
43
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Data on Population Growth, Job Growth, Landlord Friendliness

Navroze Pirza
  • Rental Property Investor
  • Los Angeles, CA
Posted

While this may be an extremely broad question.... I've been trying to find a source which combines data from various cities/states into one platform.  I invest in multi-unit property without having a local presence, so essentially, I use data/numbers to made buying decisions for my rental portfolio.

I've been using city-data.com, but I'm curious as to whether anyone can suggest a better platform to understand job growth, population growth trends, demographic data, landlord-oriented legistlation, median rents etc. per city or per state?

Thank you,

Most Popular Reply

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261
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Josh Oaten
  • Investor
  • Phoenix, AZ
143
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261
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Josh Oaten
  • Investor
  • Phoenix, AZ
Replied

@Navroze Pirza

Some of the websites I use, other than CoStar, Colliers and Yardi reports to source this information include:

- Best Places (Demographics, crime etc)

- Truilia (Crime)

- Bureau of Labour statistics (Unemployment and working population growth)

- Census - American Fact Finder

- Wikipedia is also a great resource

- Rent Cafe and rent-o-meter (landlord friendly states and median rents)

At the end of the day the stats from each site will probably be different, but I just try to cross reference to get a picture of what is going on in the area. 

I would suggest to create yourself a google map and start plotting this information to paint yourself a visual picture. This is what I am doing and it works perfect! @Omar Khan is a big advocate for this and wrote an article about the success of underwriting with google maps on his BiggerPockets blog https://www.biggerpockets.com/blogs/10776/79833-un...

Hope this helps!

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