Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 about 4 years ago on .

User Stats

3
Posts
0
Votes
HP Payam
  • New to Real Estate
  • Los Angeles, CA
0
Votes |
3
Posts

Indicator for Economic Centers

HP Payam
  • New to Real Estate
  • Los Angeles, CA
Posted

Hello BP members,

I am researching different markets to buy my first out-of-state rental property. I have certain criteria to narrow down my searches. One of my criterion is the convenience factor which has to do with the proximity to the economic centers. 

How do you suggest to quantify this factor?

For example, I gathered some people use the number of fortune 1000 companies headquarters in each city. Although this could be a useful indicator, I don't think this is a comprehensive enough as a lot of other economic attractiveness of a city is lost by using this indicator.