May 24, 2021
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
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- Investing on facts vs emotion
[03:49 - 19:23] Researching Your Market
- Macro Variables when looking at a particular market
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- 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
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- 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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