I run a real estate data venture that pulls from various private and public sources and curates these reports, so it's not a simple answer.Social Sentiment: Search demand and what people are saying online.Neighborhood Class: Cleanliness, crime, graffiti, and overall health.Demographics: Identify market segments & trends.GDP & Economic Growth: County-level GDP changes to assess economic vitality.Poverty Metrics: Analyze economic challenges.Construction Activity: Easily predict market supply.Occupational Diversity: Forecast housing & commercial needs.Education Insights: Understand community stability.Real Estate Trends: Identify property value & rental cycles.Houston was just a place where I felt like sharing some knowledge.

Here are the ways you can qualify for material participation per IRS publication 925: https://www.irs.gov/publications/p925#en_US_2023_publink1000...Material participation tests.You materially participated in a trade or business activity for a tax year if you satisfy any of the following tests.1.

As someone who's never invested in real estate before Puerto Rico is a very difficult place to start, since of how minimal public data is. 

Also, the rate at which new properties are being snapped up suggests that there is quite a bit of interest among the investing public.   

Go to a new home community, sell it out, then turn around and become a realtor and pick up all the resales since you would know everyone in the community and hopefully they all know love and trust you.As you consider brokerages to actually join, look to see if they are public or not. 

Has anyone worked with a public adjuster on Long Island (Nassau County or Suffolk County) or in the New York City area to help with an insurance claim? 

And for me to increasingly and publicly call out any content that promises to be the next Warren Buffet

And many of the full real estate cycle sponsors market through 506B and are not allowed to market  publicly (i.e. on the internet) and have to market through referrals.

One thing I learned from a long career in public service is that it is better to underpromise and overdeliver than the other way around. 

House hackers looking to buy close to public transportation has been a huge win.