Today I’m going to show you how to pick the best market for real estate investing business.
The problem is most people take the approach of “ready, aim, fire!” and spend just way too much time on the “ready” part and often never get to firing! They get stuck picking the best market for real estate investing via paralysis by analysis when lamenting questions like…
- Should I work in my own back yard?
- Should I work virtually?
- How many people live there?
- Is the Population Growing or Shrinking?
- Is It a Landlord Friendly Area?
- How Much Are Property Taxes?
- Do More People Own or Rent?
- What’s The Price to Rent Ratio?
- Are There A lot of Vacancies?
- Are Sellers Getting Their Asking Price?
- Who’s Buying All These Houses?
These are just a sample of the many questions to be answered when deciding how to pick the best market for real estate investing, and so…
How about a short cut?
Here’s a hint: You solve people’s problems, and people in every market have problems. The very best market for you to work is the one you’ll actually work. Don’t over think it. Get started, and make adjustments along the way. If you want to make money now, that’s how you pick the best market for real estate investing.
“Ready, Fire, Aim!”
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