When you grow your primary circle of influence geometrically, you grow your secondary circle exponentially.

Zillow is operating with data and a strong market influence that the public simply does not have.

Do  state tax rates and other local real estate laws influence where you invest?

But there are obviously other factors involved there.So I guess what I'm saying is don't let the number of buildings influence you too much.The 2br vs 1 br thing I think is a very important issue.

Fingers crossed this influences the regulations in Austin!

Big Money isn't always right, but it does influence economic activity and markets.When I investigate a dividend-paying stock (including a REIT), I compare its current yield to its average long-term yield to get an idea of its price relative to its dividend.

You need to figure that in. in addition the tenant you have will influence the tenants you get.

The banks will influence your answer as well.

However, it is better to look at a few properties and take an average because there are always other things that can influence the value of a property.

It might satisfy your curiosity, but it's not likely to influence negotiations- at least I would not recommend you use that number for anything.