
5 April 2022 | 8 replies
If you can find a good, reliable agent and property manager then you will have a great start as they have access to data and knowledge of the local market.Once you have settled on a market and made a couple connections there, I would fly out to meet them and get to know the area through looking at neighborhoods and homes so you can really see what and where you are buying.
25 April 2019 | 12 replies
Don't ask the barber whether you need a haircut, necessarily, but there are no shortage of pros all over the country represented here who would be happy to walk you through "local Economics 101" for their metro of expertise.Many find it easiest to start where they live, but if you want to invest out of state: use census data to narrow down your top 3-5 potential markets and start finding people in those cities who understand what you're about.

22 April 2019 | 3 replies
Base your numbers on factual data you will be way better off.

23 April 2019 | 7 replies
One step at a time redo post it after research for more realistic data.

22 May 2019 | 40 replies
I'll add just a couple things to look for/ask about:Ask for data (like statistical data) on everything from vacancy and maintenance costs to average length of stay, average move out costs, eviction rates etc.As someone else mentioned, run your own numbers!
22 April 2019 | 4 replies
Both have equivalent caliber tenants, with NNN leases, and similar cap rates.Property 1 - Round Rock, TX (by the Round Rock High School/Round Rock Ave area) - $383/sqft - built 2008Property 2 - Austin, TX (close to Slaughter Rd/Manchaca Rd) - $340/sqft - built 2015Just based on that data which way would you lean?

21 April 2019 | 0 replies
Census 2018 Data just released...Following cities make in Top 10 list for population growth...What is your opinion about investing in one of these cities and what is your most favorite?
21 April 2019 | 0 replies
I am a licensed agent, and based on the market data available to me the house looks promising but the big challenge now is knowing exactly what is inside since it has been abandoned for a while now to determine the LTV.

3 September 2019 | 5 replies
You can always hire a 3rd party to create these reports as well, but do see any reason logically to do this since all the data is being provided for free right on the internet)

2 September 2019 | 8 replies
I think that would be the case if you had a unique property where there weren’t many comps to give solid data.