Learn Which Zip Codes To Target For Your Real Estate Investing Business
It is absolutely critical to understand your local market when your considering investing in it. One way to do this is analyze the Days on Market or DOM to gauge the demand of a given zip code.
Start by getting the data, I've included the link below. Leave our any zip codes where the median sales price is higher than the entire county. Then take out zip codes that you might now are out in the "boonies". Finally place the zip codes in ascending order by Days On Market. BLAM! You got some great zip codes to target for motivated sellers.
Some other things to consider:
Days On Market
Rent vs Own Ratios
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Randy - The REI Rockstar
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