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Updated about 10 years ago on . Most recent reply
Beginner with TONS of questions.
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
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?