E:143 - The Perfect Real Estate Market Has... - Steven Pesavento

<p>This week we're focusing on market selection. We look at how to find the right markets to invest in and what three core elements play a key role in making the right selection. Jump into this episode and refresh or improve your knowledge about market selection so you can start off on the strong foot!</p><p> </p><p><strong>KEY TAKEAWAYS</strong></p><p>1. Population growth is the primary factor for selecting a market. </p><p>2. A population decline can signify issues with politics, economics, location and more.  We typically want to stay away from these areas.</p><p>3. Job growth with a diverse set of industry and good pay scale is a huge advantage. This indicates solid potential tenants and market rents. </p><p>4. We want to look at supply and how many buildings are being built in the next 2-5 years. This means making sure that supply has not outgrown demand. </p><p>5. Crime rate is an important factor that will indicate tenant types, political issues and other unwanted problems within the community.</p><p><strong>BOOKS</strong></p><p>The Passive Investing Playbook - <a href="https://theinvestormindset.com/passive">https://theinvestormindset.com/passive</a></p><p><strong>LINKS</strong></p><p>Learn more about investing with Steven at </p><p><a href="https://theinvestormindset.com/invest">https://theinvestormindset.com/invest</a></p>