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All Forum Posts by: Troy Scarbrough

Troy Scarbrough has started 2 posts and replied 2 times.

Post: Good market data source wanted

Troy ScarbroughPosted
  • Posts 2
  • Votes 2

Trying to confirm the market data for a potential investment area to feel great about modeling rents, inventory, population/census direct etc. Really want a total package of criteria. What’s the best way to go about this? I connected with CoStar and they basically blew me off because I didn’t have an ongoing need for the market research. Happy to pay a few bucks for the research. My next step is an appraiser who has costar access to see if they can, but figured I’d ask if anyone maybe already has full access and wanted to help me out. 

New to BP, day job as a commercial lender in affordable housing, so relevant experience. I really struggle with today’s market though trying to find that first project. Would love to connect with anyone local to Massachusetts north shore whether you invest here or somewhere else. Trying to upgrade the circle to like minded people to just focus on this more intently. Let me know. 

I’ve been focusing some effort on Northwestern Michigan. I grew up there and know the market really well and have many connections to get work done there. They have 8.5% cap rates still while Massachusetts is closer to 5% and the down payments are more manageable back there.