How to choose an area to focus on for real estate investing or d

[Kyle Leeyaw]

Hi Biggerpockets,

I am looking for some guidence in selecting an area to focus on for finding investment properties. I live in Ontario Canada, but I'm sure techniques can be applied anywhere. There are a lot blogs telling you where you should invest. But how do people come to those decisions. 

Are there any good books on market analysis I should read?

What factors should I look at? Any tips to find properties or areas overlooked?

Best,

Kyle

[Milton Marcelin]

@Kyle Leeyaw

Basically, you have to research a market and determine if that market is right for you. Does it make sense financially? Here are a few things you can look at to help choose a market.

• Affordability
• Population Growth/Decline
• Employment Rate
• Number of Institutional Employers
• Schools
• Crime
• Appreciation/Depreciation
• Taxes
• Legal

etc...etc.

This isn't meant to be a definitive list. However, it should be enough to point you in the right direction. 

In the meantime, you could also search the forum for past discussions on this exact topic.

Best!