Supply & DemandUnlike financial markets, real estate prices and rents are driven by supply and demand.

Hey everyone, I’m working on a platform concept called RentKeep that focuses on providing property intelligence to help property managers make data-driven decisions to increase their NOI.

They might not always make the best decisions, resulting in failures, but some of those decisions were driven by bad data (whether from the borrower, appraiser, inspector, or whoever).  

Initially, some properties hit the market with inflated prices, driven by optimistic expectations or speculative market conditions.

A little about me: I've always been driven to create a better life for myself and my loved ones.

@Bryant ClarkI just want to point out that humans are story driven.

I'll just add, that if you've done these types of deals or similar deals before, having accurate and up-to-date financials (aka bookkeeping records) for those previous deals to be able to analyze the numbers would be a great tool to use to make informed decisions about future deals.And, even if you haven't done deals like this before, keeping updated financials for the deal you're doing is going to be huge as you're making decisions throughout the rehab.We call these data-driven decisions.

This price growth is largely driven by continued low inventory levels, which have kept competition high among buyers, even as average days on market have increased to 36 days​(Nest Realty)​(Garretts Realty).In Southern Indiana, activity is up with new listings growing by 8.2%, though sales have seen slight declines.

I haven't driven out to Manteca/Lathrop or Roseville or looked at any data on them so I would be guessing like you.  

- Character references ?