Location Analysis and Resources

[Revathi Neelam]

Hi , 

I am a newbie in Real Estate investing. I live in Bay area and since the prices here have gone up really high, I am looking for investment opportunities elsewhere. In this process I was trying to zero in on locations/cities where ROI on multifamily rental properties is good and stable with potential uptrends in rent rates and value appreciation

I have shortlisted few cities and would like to analyze the below criteria to decide on ROI

• Upcoming neighborhood preferably at least a B location with less Vacancy rate
• Next 5 year economic plan for the location should have good developmental projects (schools, employment, transportation,  major private industry player has plans to invest in the area etc)

What are the resources that I could use to get info on the above? Also are there any up-to date reliable websites  (may be county based government websites) that list the future development projects in a given zipcode/county.

I found http://www.bestplaces.net/housing/city , which gives some stats ( no roadmap  for future development projects though) but looks like this is based on 2014 info.

[Rahul Bhatt]

Welcome I use onboard navigator for income and crime and Trulia 

Not sure how we can find out road map etc there is a website called richblockpoorblock 

I hope it helps