Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

10
Posts
3
Votes
Sara T.
3
Votes |
10
Posts

Factors to consider in deciding on market? Church, parks, etc?

Sara T.
Posted

Hi all,


I'm compiling a spreadsheet to help compare different potential out-of-state markets to buy and hold.

Some hard and soft criteria include (1) job growth; (2) Population; (3) Diversity of Industry; (4) Housing Price Projections; (5) Landlord friendliness; (6) Real vacancy rates; (7) unemployment rate; (8) demographics (should target 18-64, am I right?) ; (8) population growth in target demographic; (9) foreclosure rates; (10) weather (the more extreme, the more costly maintenance will be- am I right?); (11) unemployment rate; (12) rent to buy ratio; (13) property taxes. 


I'd appreciate any suggestions regarding what I should Include.  

Particularly, are there any offbeat factors y'all consider?  Like more example, has anyone noticed if average church attendance in a given city or number of parks or something else that's usually not factored in correlates with quality of tenants?  

Thanks!

Loading replies...