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Updated over 3 years ago,
Market Resaerch - Data Gathering
Hi BP,
I wanted to reach out to the community for input on how they analyze potential markets and what critical data points should be looked at before considering to invest in an area. So far I have used Census.Gov to gather general info on income, demographics, education etc. about potential areas, but the information here is too broad and doesn't narrow in deep enough to assess areas that are more speculative or transitional. Additionally, I have used the listing resources (Zillow, Realtor, Mashvisor) for information on purchase price and potential rental income. Does anyone have sources for market research they find more reliable, or any types of specific data that I should study and emphasize before considering and investment?
Thanks,