What affects real estate investment risk and webinar tomorrow!
This is a simple question, but a complex answer. The easiest way to look at this, is to first look at the two parts of any real estate asset.
The building and the land.
The risk of the building and all sub-parts like cash-flow, ownership with FICO scores, management, property profile, etc are all fairly public so I do not focus on this part.
So what about the land? Typically this is the asset the goes up or down in value, when real estate goes depreciates or appreciates.
So what affects land value in any property, Census Block Group, Census Tract, or Zip Code? If you ask the right question, you get the right answer. If you drive around myopically you get one answer. If you are a data scientist and build AVM (Automatic Valuation Models) and FVM (Forecast Valuation Models) you get a very different answer.
The right answer is way to complex to describe in one post. So I wrote a white paper on it, where you can read more at https://www.growth-maps.com/wp-content/uploads/2018/05/Growth_Maps_Forecasting_System_and_Accuracty.pdf
Knowing the local growth and future is what affects real estate investment risk
If you want to learn more, sign up for my free webinar on real estate market data and the big fix.
You can sign up at www.growth-maps.com/free-webinar
I will be offering some really big bonuses worth many thousands of dollars if you attend live.
Eddie Godshalk, CEO of Growth-Maps