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Updated over 8 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Michael Francis
  • Real Estate Investor
  • Brooklyn, NY
1
Votes |
4
Posts

What are some of the steps to take in learning a market?

Michael Francis
  • Real Estate Investor
  • Brooklyn, NY
Posted
I just got into Real Estate investing, and still looking to do my first deal. I know one of the most important things to do when entering a new market, is knowibg how to break it down and underatand the market fully. Besides driving for dollars to see whats out there, or browsing online to see what the average and median prices are... What are the other things to do, or steps to take to set yourself up for success and make sure you have a true understanding of the market. FYI: I'm probably going to start wholsaling first because of my limited capital. Any advice you can give me here would be greatly appreciated as well. Or if you would suggest another strategy to start with, im open to suggestions. I'm early enough in my timeline where i can still set a new foundation to my investment path without ripping and replacing anything. Thanks everyone for your help.

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