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Updated over 1 year ago on . Most recent reply

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Nimai Buch
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Newbie looking to collect data

Nimai Buch
Posted

Hello all ! 

I am new to real estate investing, as well as biggerpockets. I am looking to find a favorable city within the US for my first real estate investment. As part of that, I am looking to collect some data that will help guide make a decision.


I am seeking advice on whether these are the right set of metrics/data to look at:

1. Population: Last 5yr and 10yr population change

2. Industries: Top3-4 industries and median income 

3. Demographic: Median age, income of people living here

4. Universities: Key education institutes 

5. Weather: Overall conduciveness of weather

6. Rental growth: 3yr and 5yr market trends for median rent

7. Appreciation: 3yr, 5yr and 7yr appreciation of housing markets


2 questions:

- Am I missing any other metrics to look at ? At some point I'd have to add weights to these 

- What would be a good/reliable source of data ?

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