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Updated about 10 years ago on . Most recent reply

User Stats

15
Posts
6
Votes
Eric Mass
  • Audubon Park, NJ
6
Votes |
15
Posts

Beginner with TONS of questions.

Eric Mass
  • Audubon Park, NJ
Posted
Hello BP family! My name is Eric Mass and I'm thankful and blessed to be able to introduce myself and embark on this journey. I am very excited to start my real estate career and I will be asking a million and one questions (disclaimer- sorry). I hope I can be as successful as the plethora of individuals on this site. I know there is greatest here on BP. As promised, I have a question. My first question is: People tell you to study and analyze your market. What particular items or details should you study? Is it GDP? The average amount a house is worth or has been sold? Has the economy in that particular area risen or fallen? Etc. I know it may be a broad question, but I'm sure I can get a few nuggets from you guys. Much thanks in advance and see you guys at the top!!!

Most Popular Reply

User Stats

15
Posts
6
Votes
Eric Mass
  • Audubon Park, NJ
6
Votes |
15
Posts
Eric Mass
  • Audubon Park, NJ
Replied

Paul Timmins I thank you very much for that incite. The reason I ask this question is, the city I plan on investing the numbers are as low $5k and go all the way up to $125k. I wasn't sure if this is normal (I live next too one of the most dangerous cities in America- Camden, NJ). However, they are revitalizing the city with great strides and a decent amount of success. Just was wondering should I try my luck there with the low-level prices or try and look to other markets?

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