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Epic Real Estate Investing

[ENCORE] How to Pick the Best Market for Real Estate | 413

Epic Real Estate Investing

Matt Theriault

Business, Investing

4.7955 Ratings

🗓️ 22 June 2018

⏱️ 7 minutes

🧾️ Download transcript

Summary

Location, location, location! Today on Financial Freedom Friday, Matt Theriault is teaching 5 steps that will help you pick the best market for real estate and overcome your crippling "grass is always greener" syndrome.

Transcript

Click on a timestamp to play from that location

0:00.0

This is terio media. It's Ter for Financial Freedom Friday with Matt Terrio.

0:17.0

Okay, how to pick the best market for your real estate investing.

0:22.0

That seems to be on the top of

0:23.5

everyone's mind when they're getting started. I mean after all the old real estate

0:27.0

adages it's location location location. Should I work in my backyard or

0:32.1

should I work virtually?

0:33.7

You know, we're humans, right?

0:34.9

And it seems the grass is always greener on the other side.

0:38.4

Like everyone's got the advantage over there.

0:40.8

If I only lived over there, that could really to answer when you're picking

0:46.7

your best market you know how many people live in the market is the population

0:50.7

growing is it shrinking what's the unemployment rate? You know, how much

0:54.8

crime is there? That's always a concern. Is it landlord-friendly area or a landlord-friendly state?

0:59.8

How much are the property taxes? Do more people own there, more people rent there?

1:04.0

What's the price to rent ratio?

1:06.0

Are there a lot of vacancies?

1:07.7

How do all of these numbers compare to the national average?

1:11.0

You know, what else?

1:12.4

How many homes are on the market? How many

1:14.4

transactions are actually taking place per month? Or how long is it taking houses to

1:18.5

sell? Are sellers getting their asking price? Who's actually buying all of these houses? Is it

1:24.2

investors, is it institutions? What's causing the commotion here? I mean there are a

...

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