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Updated about 11 years ago,
Picking a Market
Hi
I am curious as to how a lot of you guys finding deals in larger markets are deciding on which areas to focus your time and effort on. I am in Los Angeles where there are so many submarkets and am kind of overwhelmed trying to figure out which areas to market to and look for deals. I realize you can research statistics for different areas to try and find ones that are more investment friendly than others but even doing this in so many pockets within such a large city seems like an overwhelming task.
Would love to hear some of the strategies that you guys in large markets use to narrow down and pinpoint specific areas to concentrate your efforts on.
Thanks