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Updated about 15 years ago on . Most recent reply

User Stats

71
Posts
4
Votes
Mike D.
  • Real Estate Investor
  • New Jersey
4
Votes |
71
Posts

Criteria to evaluate a new market

Mike D.
  • Real Estate Investor
  • New Jersey
Posted

When trying to locate a new market to begin flipping what things do you look for?

1) Does the number of rented vs owner occupied homes matter to you?
2) What is a good range for DOM?
3) How do you establish ARV? Do you work with a Realtor until you feel comfortable with the market?

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