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Updated almost 4 years ago, 12/29/2020
Beginning the Journey
Hello to everyone on Bigger Pockets! Looking for advice on how to find the right market to start the real estate investment adventure. A couple points:
- I'm overseas, so the market in which I choose to enter will be remote from where I live
- Looking into the buy and hold, long term investment vice flipping
- Interested in cash flow and generating long-term equity, with goal horizon 10-15 years out
- Single family and small multi-family homes is my interest
With the above stated, what is the best way to look for all the metrics that make a certain location a "good" market to enter. How do you research a market? I'm interested in upstate New York because I've seen it pop up and mentioned on various BP products, but census data shows migration moving away instead of to that area.
Anyway, any tips, tricks, advice, and recommendations would be much appreciated!