How do you research real estate markets?

Question

I know everyone says in order to research and find good markets to invest in real estate you should look at good job growth, incomes, migration etc but how exactly do I find out this info? Do I ask brokers, go to brokerage firms, search online if so what reliable websites because the internet says a lot of things?

How can I keep up to date with new info on markets?

Joe Villeneuve · Answer

First of all, everyone doesn't say that.

Second, those that do, what does all of "that" tell you about the market...and making money in that market?

Account Closed · Answer

I am confused please explain. Numbers with $$$ infront?

Account Closed · Answer

Well not everyone what I mean is people just say to look at different markets. I watch a lot of real estate videos people like Grant Cardone, Meet Kevin, Graham Stephan and Ben Malloh.

What do you suggest I do to research a real estate market?

Account Closed · Answer

Thanks what websites do you suggest?

Joe Villeneuve · Answer

Cash flow and profit.

Joe Villeneuve · Answer

Numbers with $$$ in front, not %%% behind.

Stephen J Davis · Answer

@Joe Villeneuve is right. That is what speculators do, not investors. I can go into any town or city in America and make money with real estate. People always think the grass is greener in other cities or states. I guarantee you can make money right where you are with very few exceptions. Run comparable sales on rents and find the areas of your town that rent is higher than PITI and maintenance and vacancy. It is usually the $150,000 to $220,000 homes that rent between $1450 and $1700. This is the sweet spot for investing. The higher priced homes don't demand much higher rent so don't cash flow as well and the lower priced homes are much harder to manage due to the mentality of the clientele. Look in your own backyard first. Get this information from a realtor on your team or online from the local realtor website.

How do you research real estate markets?

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