The Most Important 1-2 Metrics in Picking a New Market

[Clark Henderson]

We are looking to dive into a new market. Although, seems that there are so many metrics that make up a good market for buy and hold investments. Population growth, job growth, rent growth, equity growth, price to rent ratios, 1% rule, hitting a certain % of roi, etc. Of course all are important, but not every market is perfect. Seems some cities have a few of the metrics where others don't. But the cities that don't will have the other metrics the first few might be lacking. Curious as to what the main few are to really feel like we are picking the right market to dive into. Thanks!

[Ujwal Velagapudi]

I would look at the population growth, or anticipated population growth, median income level growth, and like @Brenden Mitchum mentioned, both are directly correlated with the job growth. If people are moving in for a job, and they're getting paid better, then the RE market will inevitably have to grow and appreciate with increased buying power in the market.