All Forum Posts by: Jasraj Singh

@Jasraj Singh

If you follow the plan commission of a city this where developers are presenting new projects.  This would give you valuable information not known to many people.  If you contact the economic development director of a city they can provide you the latest trends.  They act as a marketing representative of the city.  The difficulty sometimes is developers don’t want anyone to know about a project.  When plans are submitted you won’t see the name.  It might be plan “A” or Building “A” an unidentified building.  You can work with the Chamber of Commerce and they have information as well.

Hi @Jasraj Singh!  There are a few different ways you could approach this. I'll share a few ideas here:

• - Set a Google Alert for "City Name" and "Jobs" or "campus" or any other buzzword that would show you useful info
• - Regularly review the business section of the local newspaper (online of course)
• - Follow Instagram accounts that publicize local happenings.
• - Interact with commercial agents in the market who work in purchasing and leasing of the type of space the businesses you want to follow play in.

I hope this helps!

@Jasraj Singh The data I have from my county area has market inventory, the foreclosure rates , so far I've found it easier from realtytrac although there may be others, what market are you in, I can put on my research hat and dig around a bit...at a small professional fee ...kidding :-)

This one can be helpful: 

Residential Rent Vacancy Rates:

https://www.deptofnumbers.com/rent/

It's on the site of a turnkey operator called Pinnacle Investment Properties run by a gentleman named Mike D'Arrigo. He is located in San Jose, CA, but specializes in Kansas City and Indianapolis. Go to his education section. I think there might be one more video there on the same theme.

Hi Jasraj, I completely understand where you are coming from because my Data analytic brain wouldn't budge without some sort of food(read data). So far I've been able to download ream loads of data from our local real estate association, although that is county level data, it consists of market inventory , days on market, median sales price , foreclosure rate. Zillow is the one which really broke it down for me to a neighborhood level, I find that to be more helpful than the county level data. Also if you have an agent friend who can help you access the MLS, that data is priceless, you can twist it n turn it to your hearts content. I know that there are some paid data providers too, I just haven't gone that route yet.

You might find this article I wrote a while back helpful: https://www.biggerpockets.com/blog/7-ways-discover-neighborhood-coming

He is saying you made $10k by renting out the other three units in the building. If you saved it all in the bank, you increase your net worth by $10k.