Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

7,341
Posts
10,045
Votes
Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
10,045
Votes |
7,341
Posts

What makes a great investment market?

Mindy Jensen
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorPosted

There is a lot of debate about staying local vs. investing out of town. What factors do you consider when deciding what market to invest in? What do you think makes a great market?

Most Popular Reply

User Stats

6,129
Posts
5,067
Votes
Brie Schmidt
Agent
  • Real Estate Broker
  • Chicago, IL
5,067
Votes |
6,129
Posts
Brie Schmidt
Agent
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied

Good question! 

I look at:

  • Rent / Price ratios
  • Cap Rates
  • Tenant Class
  • Unemployment
  • Percent of renters
  • Housing stock
  • Local development projects
  • My gut instinct
business profile image
Second City Real Estate
5.0 stars
20 Reviews

Loading replies...