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10-14-2015, 11:39 PM
Anyone on here into real estate?
I'm currently trying to find a website I can extract legit market analysis info from.
Where do you cats that are into RE go to when investigating areas in the U.S.?
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10-15-2015, 12:20 PM
"legit market analysis"?
I don't find Zillow's vale estimate useful at all.
For individual properties, many counties have assessment figures online.
Assessments are objective. However not always reflective of current market value. In one county actual value (actual sales price) is about 70%of assessed.
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10-15-2015, 02:01 PM
Yeah, for the most part you're going to have to go to the individual county and ask for the property assessment. A lot of them have it online.
If you are going to impose your will on the world, you must have control over what you believe.
Data Sheet Minneapolis / Data Sheet St. Paul / Data Sheet Northern MN/BWCA /
Data Sheet Duluth
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10-15-2015, 09:59 PM
I'm thinking about starting off with small properties and working my way up from there ($50,000 - $100,000).
Putting them up for lease and letting the rent pay off the loan.
Any recommendations towards that idea?
What type of properties do you guys scope out (i.e. low value then fixing it up)?
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10-15-2015, 10:07 PM
You are being extremely obtuse Theseus. There is no website that tells you which properties will be a good or bad investment. It's something you learn after studying a specific market for a long enough time.
Read these books before doing anything else.
The Millionaire Real Estate Investor
Investing in Duplexes, Triplexes, and Quads
The Complete Guide to Investing in Rental Properties
The Book on Investing in Real Estate with No and Low Money Down
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10-15-2015, 10:24 PM
I wouldn't take Robert Kiyosaki too seriously. There are guys here who do RE investments and there have been some threads, I would do a search.
Just keep in mind it is never as easy as you think it will be.
Good luck!
Fate whispers to the warrior, "You cannot withstand the storm." And the warrior whispers back, "I am the storm."
Women and children can be careless, but not men - Don Corleone
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10-15-2015, 10:29 PM
Yeah, definitely agree samsam.
When someone appeals to the masses that usually sends up a red flag in my head.