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Updated over 7 years ago on . Most recent reply

User Stats

30
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12
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Erik Harrison
  • Pleasanton, CA
12
Votes |
30
Posts

How Do You Find a Good Market

Erik Harrison
  • Pleasanton, CA
Posted

I live in California and I really want to get started. I know generally looking in your area is best but the level of entry in the San Francisco area is sooooo high. Where should I look? I could drive down the freeway a couple of hours and probably find something but...... Any thoughts? Out of state?

Thanks.

Most Popular Reply

User Stats

220
Posts
98
Votes
Anna M.
  • Investor
  • Denver, CO
98
Votes |
220
Posts
Anna M.
  • Investor
  • Denver, CO
Replied

“A good hockey player plays where the puck is…a great hockey player plays where the puck is going to be.” Wayne Gretzky....The same is true in real estate investing. If you want to be a great investor, spend not where the population growth is, but where it’s going to be.

great take-away from the article by Ken McElory, "Follow the Facts: How Population Changes Affect the Real Estate Market." @Erik Harrison, once you figure out where that growth is going to be and if it is a place you are comfortable "getting started", therein lies your answer, just my two cents, but am certainly no expert.  All be best and please let us know how that goes.

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