How to Analyze a Rental Market in Under 15 Minutes

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Which rental market is worth investing in? New York, Miami, Los Angeles? Those are all a bit too expensive; let’s downshift to something more affordable. How about the cash-flow-heavy cities of Indianapolis and Philadelphia? These rental markets boast strong demand, below-average home prices, and high rent-to-price ratios. So, let’s analyze them and see which rental market is the winner!

If you want to analyze a rental market in your state/area, you can use Dave Meyer’s same strategy and compare these metrics to see whether or not your market could be a home run rental area! This video will give you all the metrics and data sources needed to determine where to invest. Once you’ve got your market, you can find potential properties and let the cash flow roll in!

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How to Analyze a Rental Property (2023 Market Indicators to WATCH):
https://youtu.be/IYBNoh6fNko?si=Kx4eL-d0Jlnac8uQ
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Tools From This Video:
Rent-to-Price (RTP) Map: https://www.biggerpockets.com/blog/interactive-cash-flow-map?utm_source=youtube&utm_medium=description&utm_campaign=none
FRED: https://fred.stlouisfed.org/
Zillow Home Value Index: https://www.zillow.com/home-values/102001/united-states/
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@thedatadeli or https://www.instagram.com/thedatadeli/

FRED® Graphs Federal Reserve Bank of St. Louis. 2022. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. https://fred.stlouisfed.org/