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Updated over 6 years ago on . Most recent reply

User Stats

38
Posts
5
Votes
Andres Felipe Aristizabal
  • New York
5
Votes |
38
Posts

Determining Which Market

Andres Felipe Aristizabal
  • New York
Posted

Hey BP community,

I have a general sense of what to look for when I am looking at different markets (i.e population growth, unemployment rate, median income, etc.) but I would like to know what websites you guys mainly use in order to find some of these stats (as well as what indicators or stats you may look at more often when determining which market you'd like to invest in). I'm still relatively new to all of this so any help would be greatly appreciated! If possible I would like to know if any of you invest in Upstate NY and why you chose the market that you did. Thanks! 

Most Popular Reply

User Stats

176
Posts
83
Votes
Brian Mcmenamin
  • Rental Property Investor
  • San Diego, CA
83
Votes |
176
Posts
Brian Mcmenamin
  • Rental Property Investor
  • San Diego, CA
Replied

@Andres Felipe Aristizabal I like the government websites bls to track pop and job growth because they give you annual as well as monthly updates. I was using datausa.io for % of renters, but the information was updated in 2016, so its a bit dated. I haven't found a good replacement site yet.

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