Get excited, because this week I’ll be taking you behind the scenes, and show you some of the research that I do in my own business!
Things you will learn in this episode:
[00:01 - 03:48] Opening Segment
I talk about the great values that await you in this episode The concept of a strategic real estate investor Investing on facts vs emotion
[03:49 - 19:23] Researching Your Market
Macro Variables when looking at a particular market Population Growth Household Income Medium House Prices Job Growth Crime stats Affordability Variables to consider when looking to get into a specific neighborhood Investing to get key data/information about your chosen market Headship rate
[19:24 - 24:13] Closing Segment
Market Drivers I look for when investing Demographics Financial Emotional Preparing and Planning well for your investment Final Thoughts If you are interested in my coaching and consulting program, please reach out to me through email at shane@shanemelanson.com or see below for my website link.Tweetable Quotes:
“The Major market drivers I look for when it comes to investing: Demographics, Financial, and Emotional.” - Shane Melanson
“Whenever I’m investing, I start Big, Broad, and then I go deep.” - Shane Melanson
Resources mentioned in the episode:
Club Syndication: How the Wealthy Invest Their Money - Shane Melanson Mastering the Art of Commercial Real Estate Investing - Doug Marshall
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