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Updated over 5 years ago on . Most recent reply

User Stats

23
Posts
8
Votes
Alfredo Franco
  • Rental Property Investor
  • Corpus Christi, TX
8
Votes |
23
Posts

What are ways to learn about my market

Alfredo Franco
  • Rental Property Investor
  • Corpus Christi, TX
Posted

While I’m in the process of Learning as much as I can. What are some ways that can start seeing what types of houses are selling? Or which area would be the best to sale in? I work a 2day on 4 off schedule so there’s so much time to learn. Hopefully I don’t get paralysis analysis.

Most Popular Reply

User Stats

324
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278
Votes
Andrea Weule
  • Investor
278
Votes |
324
Posts
Andrea Weule
  • Investor
Replied

#1 Network - Talk to anyone and everyone in the business (realtors, property managers, contractors, lenders, investors)

#2 Request stats on sales from your Real Estate Agent.  They should be able to give you the number of sales, prices and days on market for a specific area (ie Zip Code or County) and for a time period (last 90 days, 1 year ago, etc)

From there I also look at businesses coming in and out, unemployment rates and crime rates.  That's a great way to get started.

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