Investor · Philadelphia · Member since 2020 · 19 posts · 9 votes
Hi All!
My partner and I are pretty set on the market we have in mind to do our first BRRRR in, but we wanted feedback on market analysis as re-assurance. Please drop any tips, tricks, things to look out for, or recommendations for analyzing markets that you like to use! We look forwarding to hearing new strategies :)
When investing in residential; jobs are number 1. You want to see a pretty consistent increase in population over the past couple decades with a pretty consistent decrease in crime (if you put them on a chart they would be inverse). You want to see consistent increases in single family home prices 2%-3%+ per year and household income (over the past decade).