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Updated over 4 years ago on . Most recent reply
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Analyzing a potential market
Hey everybody. I’m brand new trying to learn as much as possible. Ive been listening to the BiggerPockets Podcast while at work and just listened to #17. Mr. Brown mentions knowing the market you are investing in and I have some follow-up questions for anybody that can help out.
I live in a state that I’m not sure is conducive to buy-and-hold investments. However, I can’t know for sure because I don’t know how to analyze a market.
So, my question is what numbers are you looking at to determine the feasibility of a market for buy-and-hold and flips? And how are you interpreting those numbers to make a decision on if and how to invest in that market? Thanks for the help in advance!
Most Popular Reply
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You should listen to the Bigger Pockets Rookie podcast with @Joe Roberts. They give a great overview on how they picked a market to invest in. I learned a lot!