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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[DanKohan]

Thanks for this insightful comparison between Indianapolis and Philadelphia!

I totally get the importance of considering personal preferences and risk tolerance when choosing a market. It's like picking the right house that matches your needs.

[CamoronMireCat]

This was a crazy good video, especially for myself who was struggling on what metrics to use to qualify and quantify markets

[smitdty]

Great video! Really liked this seeing the comparison data. How'd you overlay the Rent to Price on the map? I need that

[alexanderballesteros]

I know the data is from Zillow, but how to do you access those specific pages - to compare certain criteria of 2 different markets ?

[AberrantArt]

How can people get the zillow data for rents and other stats you showed???

[TheAlkalineHealer]

What are the free websites to research this current data?

[molleespillett]

Apart from the bank where can I grow a good amount of money, I have a strong feeling they are ripping me off.

[DanielPerez-kwvk]

I would choose based on landlord friendly state

[FastwayIndustries]

Anyone investing around central pa or philly? Lookin for real estate friends lol

[Nappyfox]

The chart on the 11:53 mark needs to be fixed, I think.

[DomBlac]

Ahhhh sooo the numbers aren’t adding up for me when it comes to the “rent to price ratio”. 1 month rent dividend by the purchase price rite? using the exact same numbers he uses for the Philly example at the end, your RP ratio should be 0.005 ($1, 837 divided by $346, 000) but Dave says 0.7, what am I doing wrong? Is the Rent to price ratio what the rent is in percentage to the purchase price? Any advice on this 🙏🏽

[cphili]

Philly just sounds like a nightmare, no numbers can change that.

[sergii_real_estate]

All this analytics doesn't include the technicalities of local market, difficulties to deal with the city, local tax codes and property taxes, competition in the area, specifics of local tenants, local landlord-tenant laws, maneuvering within area, contractors supply etc, it's not like you just buying houses and cashing out, it's so many moving pieces.. And therefore analytics is junk or can be played around. Personally I can beat any analytics in RE by my gut feelings, dedication and IQ

[rcolucci]

He says great market but doesn’t invest here. 😂😂

[karlk]

I assume video should also be 15 mins. Seeing 2 hours length scares me and I won’t even start

[ovidioarroyo]

It’s disrespectful to send investors to my city Philly, look what happened to Miami, most unaffordable city in America