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Updated about 5 years ago,

User Stats

1,033
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872
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Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
872
Votes |
1,033
Posts

Understanding What Your Market Is NOT

Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
Posted

Hello BP Nation,

I've been educating myself on Real Estate for awhile now and I keep hearing in podcasts phrases that go like this:

"I just know that my neighborhood isn't a flipping neighborhood."

"It's hard to cash flow on a multi-family property in my area."

"You can't find a house purchased with a 'fill in the blank' loan/lender in my area."

"The area I invest in isn't meant for beginners."

I'm just curious, how do people come to these conclusions? Information from other investors? Past experience? Is there a way to research this?

Thanks in advance!

- Stephen

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