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Updated almost 9 years ago on . Most recent reply

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James Petry
  • Girard, OH
1
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21
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determining where to invest.

James Petry
  • Girard, OH
Posted

super open ended question but im curious of other peoples methods. Does anyone go by census numbers of population growth and home sales..ect to plan where they invest. I ask because i reside in youngstown oh. Most people here say they want out buy i imagine people say that everywhere. So do you just adapt to the market or do you go where more activity seems to be 

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Gino Barbaro
  • Rental Property Investor
  • St Augustine, FL
1,906
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Gino Barbaro
  • Rental Property Investor
  • St Augustine, FL
Replied

@James Petry

Hi James

I look at job growth, at least 2% for 2 consecutive years. You also want household growth, and population growth.  Use the site bls.gov for demographics.  You want jobs and people migrating into a market, not leaving as is the case in my great state of NY.

Gino

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