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953: Is the 1% Rule Dead? + Why Building (NOT Buying) Could Make You More
BiggerPockets Real Estate Podcast
Utilizing Census Data for Real Estate Investment
Census data from citydata.com can be used to identify fast-growing markets in terms of population. By analyzing the median home prices, median rents, and population growth trends, investors can determine areas with optimal rent-to-price ratios for potential real estate investments. Tracking UHAL's list of truck destinations can also provide insights into population movement trends, with regions like Southeast showing growth and California experiencing outbound migration. Census data is considered reliable due to its annual updates, making it a valuable tool for real estate investment decisions.
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