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Updated about 5 years ago on . Most recent reply

User Stats

125
Posts
27
Votes
Julio Velazquez
  • East Elmhurst, Ny
27
Votes |
125
Posts

How to analyze an a city to determine if it’s up and coming?

Julio Velazquez
  • East Elmhurst, Ny
Posted

Hello Bigger Pocket community,

I have a few questions if I may, with a lot of people turning to real estate; how does one stay ahead of the game? Meaning how or what do you look for when analyzing a city to determine if it’s worth investing there? I understand one looks at crime rate, unemployment rate, population rate, etc.. but is there a number one should be looking for. From what I’ve seen none check off all the boxes. Does one go based off trends? What if the unemployment rate is low but the crime rate is high? Is that something worth looking at or vise verse. Is there a formula one should use?

Thank you for your time.

Most Popular Reply

Account Closed
  • Investor
  • Tampa Bay, FL
7
Votes |
17
Posts
Account Closed
  • Investor
  • Tampa Bay, FL
Replied

Job and population growth

An article this week on REBusinessOnline.com discusses favorite southeast markets and says:

"The short list for the various speakers’ favorite markets include the usual suspects, namely Atlanta, Orlando, Tampa, Charlotte and Raleigh."

Multifamily Developers, Investors Reveal Favorite Southeast Markets - REBusinessOnline.com
https://rebusinessonline.com/m...

Greg Corbett

Multifamily Apartment Real Estate Entrepreneur 

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