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Tip Example:(Market Cycle)
Once you have identified a potential location to invest, it is time to dig deeper to ensure that the market has all of the fundamentals you need to build that long term growth.
Economics Of The Area:
Unemployment rate
New job availability
New employers announced
Service oriented jobs
Balance of MAJOR employers
Median income
Median rent/mortgage
Once you have obtained the information ofthe area you are looking to invest in, make sure that the median income is at least 3 times more than the average rent. Here are some links to websites that have helped me in my research...
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