Indicators for a good area to wholesale in

[Chad Bernstein]

Hey guys, I currently just moved to Bayside Queens NY. For those not familiar with the area, Queens is one of the most diverse boroughs in the world. Which presents a lot of opportunity, but with opportunity comes competition. I am not afraid of competition, but I am afraid of picking an area that would be a waste of time. I know that any time you are learning you are not wasting time, but my real question is, are there any indicators (Job growth, population increases or decreases, properties sold in the past year) that could help me with choosing an area to work in. I know a lot of people say to choose your own backyard which is what I would like to do. Any input would be of great help, thanks guys!