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Updated over 6 years ago on . Most recent reply
![Maxwell Milholland's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1094570/1621508788-avatar-maxwellm10.jpg?twic=v1/output=image/cover=128x128&v=2)
Seeking advice on market research
Hello everybody,
I am looking to start investing in the near future in Buffalo, New York. I am looking for duplexes in the 100-200k range in a good neighborhood that will produce an abundant pool of responsible, trustworthy, and creditworthy tenants. I am beginning to narrow down my search and the criteria that I am considering is as follows:
Population size/Growth
Where are people coming from?
Unemployment rate/how many people are employed?
Household incomes
GDP per capita
Crime rate
Property taxes
Number of owners vs renters
Price to rent ratios
vacancy rates
Housing prices.
I am wondering if this about covers what I should be looking for in a particular area, or if there are any important factors that I should be considering. Also, if anybody has any good suggestions as to which websites or resources they use to find their market data I would greatly appreciate the feedback. Currently I use:
Rentometer
County Assessors website
Neighborhood scout
Zillow
Various property manager's websites.
Thank you all!
Most Popular Reply
![Joe Villeneuve's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/149462/1621419551-avatar-recaps.jpg?twic=v1/output=image/crop=135x135@22x0/cover=128x128&v=2)
Believe it or not, you missed a few:
Number of pets
Number of homes with/without garages
Number of 1 story homes
Number of renters with children
Number of renters with jobs in the government
Number of speeding tickets given out at the main intersections
List of favorite colors and how many of each. (this is going to be a tough one)
...and finally, what could you possibly do with all the data your list would collect, and what would all (or any of it) matter?
Keep it simple....Dollars and cents,...with "plus sings" in front.