Most Reliable Sources for Market Data

[Erik Nordgaard]

Good afternoon everyone! 

I've started screening several markets and am wondering what resources you all use for the most accurate data. I am sticking mostly to the Bureau of Labor and Statistics, Housing and Urban Development and Census information since I believe they come from a non-biased source. I've also looked at roofstock.com and bestplaces.com data, though it occasionally differs from BLS and Census info. Specifically, the job growth percentage in Kansas City, MO. The BLS website reports 6.9% growth (BLS link here) and Bestplaces reports 1.4% job market  growth (Bestplaces link here). I am using the requirements Steve Rosenberg laid out in the "how to invest in out of state real estate" video series on youtube. 

What resources do you all use? 

Are there resources that are better for different markets?

I am evaluating the following markets for a small multifamily property to possibly BRRRR:

1. St. Louis, MO
2. Kansas City, MO
3. Memphis, TN
4. Brownsville, TX 

Thank you in advance everyone! 

[Charles Carillo]

@Erik Nordgaard

• Best Sources For Data:
  • Broker Package Data
• BestPlaces.net
• City-Data.com
• Census.gov
  • Factfinder.census.gov
• census.gov/programs-surveys/ahs.html
• data.census.gov
• StateLocalGov.net
• SpotCrime.com
• WalkScore.com
• DeptofNumbers.com
• DataUSA.io
• Bea.gov (Bureau of Economic Analysis)
• Bls.gov (Bureau of Labor Statistics)
• Indeed.com (Jobs)
• NewGeography.com
• NeighborhoodScout.com
• CrimeReports.com
• FamilyWatchDog.us
• Geometrx.com
• SocialExplorer.com
• Costar.com
• Colliers.com
• Irem.org
• Zillow.com
• Google Earth / Google Maps / Street View