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Updated over 5 years ago on . Most recent reply

User Stats

9
Posts
4
Votes
Rosemary Novak
  • Rental Property Investor
  • Seattle, WA
4
Votes |
9
Posts

How do I learn about a potential market I am looking to buy in.

Rosemary Novak
  • Rental Property Investor
  • Seattle, WA
Posted

I have been doing real estate research for a few weeks now and I keep coming across the phrase "know you market". I understand that 'your market' is where you are buying or selling real estate. I want to know what I need to research about the market I want to purchase in. I have a list already of the main things I want to look into ( Crime, rent prices, nearby schools, new or planned expansion of infrastructure in the area, and value of homes in the area). But please comment anymore things I need to research before buying in a particular market. Also feel free to add your own stories and suggestions as to what you do when looking to purchase a new investment property. 

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