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All Forum Posts by: Carson Roff

Carson Roff has started 1 posts and replied 4 times.

@Eric Ruiz Sounds great I’ll be there!

Post: How to Analyze Markets

Carson RoffPosted
  • Posts 4
  • Votes 0
Originally posted by @Neil Henderson:

I could spend time writing this all down for you but I think Neal Bawa's process is my favorite.

https://www.youtube.com/watch?v=nA2sL-Nx1RU

Thank you Neil! That was exactly what I was looking for. However, in Neal Bawa's presentation he said that he was going to explain how to calculate the population growth, median household income growth, and median house value growth over different intervals of time as the years moved on, but I do not believe that he covered how to do this. What is the method that you use today, as I think the 2000 to 2017 time interval is becoming less relevant every year that passes?

Post: How to Analyze Markets

Carson RoffPosted
  • Posts 4
  • Votes 0

I am aware of some of the criteria that you look for when evaluating a market, but I do not have a full list.

I was wondering what I should research when looking into a market to determine if the market will appreciate linearly, what the quality of the tenants will be like, if tenants will be easy to find/keep/replace, and all of the other criteria to consider when looking for a stable rental investment.

I know that I should be looking into job growth, population growth, nearby schools, crime rates, and things along these lines. However, I do not know what I am looking for in these categories. I do not know what percent of growth constitutes strong job growth or population growth, I do not know how highly rated a school should be for an ideal market, etc.

I would appreciate if you could let me know the entire list of what you consider when looking into a market. I would also appreciate any recommendations for books, websites, videos, or podcasts on the subject.

Thanks in advance. 

I am trying to start investing. I have the capital I need for a down payment, however I have no credit and low income. I am 19 years old and in college studying to become a mechanical engineer. I decided to wait to get a credit card until I was sure I knew what I was doing and would be able to build credit correctly. Perhaps, I waited too long to get my first credit card.

Anyway, the current problem I am facing is knowing that I will not be able to secure the lending I need in order to invest in the properties I want to.

Trying to figure out how I can maximize my stated income, and also waiting for my credit to build.

Please let me know any advice you have for me.