General Real Estate Investing

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Josh Thompson
  • Rahway, NJ
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72
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How to “learn your real estate market”

Josh Thompson
  • Rahway, NJ
Posted Mar 8 2018, 12:50
I hear all the time that to invest in real estate you have to know your market. I understand that means knowing property values, vacancy rates as well as many other variables. What steps do you guys take to learn if a market is suitable for REI? I ask because as I’m working up the money and courage to buy a multifamily, I struggle to understand my market. I don’t know if I will have a 5% vacancy rate or 50%. I don’t know if I’m buying a good deal because properties vary so much in my town.

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