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Updated about 8 years ago,
Learning Your Market
When learning how to invest in real estate, I often hear a lot of people say "know your market" or "learn your market". I asked someone how to do this 2 months ago and they told me I just have to get out there. Well as you can see those 2 months have passed and I have done one deal but I still do not fell like I know my market. If a foreign investor were to ask me " How is the market in your area?", I wouldn't have a clue as to where to begin and I don't want to be that investor. I want people to take me serious and want to work with me. I might as well go ahead and add a similar question, How will I know when the market changes?