All Forum Posts by: David Evans

Thank you @Dave Jensen and @Jabari Long! I will take each of your advice and try to be even more specific in what I want. Thank you very much for your insight!

@Jonathan Greene thanks buddy. I appreciate it.

@Jonathan Greene for context I started with over 400+ zip codes and that was after finding what state and which cities would best fit my goals. so yes, that is narrowing, there is no need to be condescending. I'm doing it this way because this is the way bigger pockets and other long distance investors have taught me to do it. I don't live near any good areas nor do I have the time to look at properties since I work almost 14hrs a day. I do appreciate the time and advice and I would love to have more boots on the ground but unfortunately that is very hard to do in my situation.

@Dave Jensen I have used crime rate, population growth, income growth, median house price growth ( all from 2000-2019) to narrow down the city's that I want to invest in. The Zip codes were then narrowed down by home price, property type, and demand. I simply don't know how to narrow them down any further than I already have.

Happy Sunday! I'm struggling to further narrow down markets by Zip Codes and I was wondering if anyone had any efficient methods to sort them out. Here's my Problem:

I've narrowed down my markets to approximately 50 ZipCodes so far using simple supply and demand. I'm looking to narrow them down further to about 5-10 Zip codes. What would be the best method of achieving this goal? I've considered using data through city-data.com but I was hoping some one would have a more efficient solution.

Thank you in advance for any input!

@Cameron Tope Thank you for the advice. I just needed a basic way to estimate repair costs. Now I am cracking down on Markets and analyzing deals!

@Billy Daniel Thank you very much, I'll use these numbers in my research!

Just as a note: I'd most likely be investing in properties between 100k-200k.

Thank you for your time Billy!

@Cameron Tope Im making a power point for myself and the main objective is "Charting average expenses for repairs and upgrades to identify what makes sense for specific properties"

This going to help me locate common repairs that may have to be done on properties that I'm interested in buying. The cost will help me get a better idea of what a good deal looks like vs a bad one.

Once I am comfortable with the list, I would like to post it so other beginners will have a better understanding on common expenses when investing.

Im organizing the difference between minor, moderate, and substantial repairs cost on rental grade properties although my inexperience is hindering me. What would be a good price distinction between each category? 

ex. Minor repairs could fall into anything under $______ 

ex. Moderate repairs could fall into anything between $______ & $______

ex. Substantial repairs could fall into anything over $______

what numbers would you personally fill into these blanks?

Thank you very much for any input, it is much appreciated!