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Updated about 11 years ago on . Most recent reply

User Stats

62
Posts
7
Votes
Abel Vazquez
  • Chino, CA
7
Votes |
62
Posts

Being able to read a market.

Abel Vazquez
  • Chino, CA
Posted

What are the key things you have to know to read your market?

Most Popular Reply

User Stats

604
Posts
243
Votes
Andy Collins
  • SFR Investor
  • Dallas, TX
243
Votes |
604
Posts
Andy Collins
  • SFR Investor
  • Dallas, TX
Replied

You need to look at houses in the area you want to work, and don't make it too big,,start with a zip code, learn everything you can about houses that have recently sold, check out every house on the market, find out what they later sold for.

Know about the schools, does on street go to one high school, but one over goes to a different one, which one is more desirable (big deal in the area I buy).

You don't get to know a market overnight,,it takes time, but until you start you won't ever know the market.

Look at houses,,,lots and lot of houses,,talk to realtors, talk to investors,,you don't have to get an appointment to see the inside of all of them,,just check them out as best you can (an agent won't really appreciate taking you to 30 houses every weekend,,,

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