What if you could predict how a housing market performs before buying there? This would allow you to invest only in the best areas across the US, putting money down where you know it will multiply and letting you get leagues ahead of the other investors. This is MORE than possible, but you’ll need to know which metrics mean the most to an investing market. Neal Bawa has been doing this for years, building a huge real estate investing empire simply by looking at the data others often ignore. Today, he’s giving you his exact strategy.
Why should you NOT invest in your backyard? It may seem like the easiest place to start, but Neal says you could miss out on a massive upside by sticking to what is comfortable. As a data scientist, he puts the numbers before the hype, ditching cities that investors are flocking to and investing in those that only have the most solid fundamentals. He mentions one metric that makes a housing market grow or slow in rent prices, but which metric is it?
Today, Neal is sharing the best markets across the US to invest in, why renters prefer one type of housing over others (it’s not what you’d think), what Neal is buying NOW even with high interest rates and still (relatively) stubborn sellers, and why his six-metric formula is the key to predicting which markets will boom.
Austin:
Welcome to On the Market. I’m Your stand-in host Austin Wolff, which real estate asset class is better to be buying at this point in the market cycle, single family rentals or multifamily apartments. And what strategies are the pros using to determine the best markets to invest in this current market cycle here today? To break it all down and discuss the best new investment opportunities is expert real estate investor, Neil Bawa. Let’s get into it. How are you, Neil?
Neal:
Fantastic. Good to be back.
Austin:
Awesome, awesome. Neil, just if listeners haven’t heard your story before, can you just briefly walk us through your origin story, your background,…