The Real Estate Show

Radio Show Notes 07/30/24 Tuesday: Your Guide to Real Estate Market Research: Step 3 Explained

August 1st, 2024 9:12 PM by Eric Willner

Radio Show Notes 07/30/24 Tuesday:

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Your Guide to Real Estate Market Research: Step 3 Explained

By Eric Willner, Host of The Real Estate Show, America’s longest running daily radio show about real estate.

Welcome to the Real Estate Show – South Florida’s #1 Real Estate Radio Show and America’s longest running daily radio show about real estate. My name is Eric Willner, known as the Voice of Real Estate and founder of this groundbreaking program. I’m also the creator of The Automatic Landlord System for Owning Cash Flowing Real Estate ‘Profitably and Hassle-Free’. It’s a virtual real estate seminar in every episode.

Today, let’s talk about success and failure in real estate and how to achieve Real Estate Success: Step 3 – Research the Market in The Step-by-Step Guide to Buying Real Estate.

Tuesday Meditation - "Transformation Tuesday"

Lord, as we embark on this Transformation Tuesday, we seek Your transformative power in our work and personal lives. Guide us to be agents of positive change in the real estate landscape. Bless the properties we handle, that they may become places of warmth, security, and transformation for those who dwell within. Amen.

Did you know?

  1. Did you know that 90% of millionaires have been created through real estate?
  2. Did you know that understanding local market trends can increase your investment's profitability?
  3. Did you know that thorough market research can help you avoid costly investment mistakes?

These "Did You Know?" questions highlight the critical role homeownership plays in Americans' lives and the challenges many face due to not owning, poor credit scores, debt burdens, and vulnerabilities.

Real Estate Success: Step 3 – Research the Market in The Step-by-Step Guide to Buying Real Estate

In today's highlighted Tools and Techniques, let’s dive into the practical part. Yesterday, I gave you ten reasons why market research is crucial. Now let’s break them down:

  1. Understanding Market Trends
    • Market trends give you a snapshot of the current economic health, including property values, demand and supply, and pricing. Researching these trends helps you identify the best times to buy or sell.
  2. Assessing Property Values
    • Evaluating property values is essential to ensure you're paying a fair price. Utilize online tools, attend open houses, and consult real estate agents to gauge the true value of a property.
  3. Identifying Investment Hotspots
    • Knowing where to invest is as important as the investment itself. Research neighborhoods, look at future development plans, and consider the proximity to amenities and infrastructure.
  4. Analyzing Rental Yields
    • If you’re investing in rental properties, understanding potential rental yields is crucial. Calculate the expected rental income versus property costs to determine profitability.
  5. Evaluating Economic Indicators
    • Economic indicators like employment rates, median income, and economic growth can influence property prices. A thriving economy usually means a healthy real estate market.
  6. Studying Demographic Trends
    • Demographics such as age distribution, family size, and population growth can affect the demand for certain types of properties. Tailoring your investment to these trends can enhance returns.
  7. Reviewing Zoning Laws and Regulations
    • Zoning laws can impact what you can do with your property. Ensure you understand local regulations to avoid legal issues and maximize your investment's potential.
  8. Investigating Financing Options
    • Research various financing options available to you. Compare interest rates, loan terms, and down payment requirements to secure the best deal.
  9. Networking with Real Estate Professionals
    • Building relationships with real estate agents, brokers, and other professionals can provide insider information and opportunities that aren't publicly available.
  10. Utilizing Technology and Tools
  • Leverage real estate apps, websites, and software to gather data, analyze trends, and streamline your research process.

Call to Action:

Have a specific question about home loans? Text "LOAN" to 561-861-2366, and we'll tackle it on a future show! Don't forget to join us next week for another exciting topic.

Resources to Help Renters, Buyers, and Investors:

  • Experts Teaching About Real Estate Home Ownership: Attend our workshops to gain insights from seasoned professionals who can guide you through the home-buying process.
  • The Path to Homeownership Free Workshops: Join our free sessions to learn the steps towards owning a home and building wealth through real estate.
  • Financial Calculators: Use online tools to calculate mortgage payments, affordability, and investment returns to make informed decisions.
  • A Financial Plan: Develop a comprehensive financial plan to manage your budget, savings, and investments effectively.

Sponsor Break:

Today’s Show is Brought to You By: TimeToFixMyCredit.com. Text “Credit” to 561-861-2366 for more information.

Expanding on the Top Five Reasons:

  1. Understanding Market Trends
    • Staying updated with market trends helps you predict future property values and make better investment decisions.
  2. Assessing Property Values
    • Knowing the current property values prevents overpaying and helps in negotiating better deals.
  3. Identifying Investment Hotspots
    • Investing in up-and-coming neighborhoods can yield higher returns due to future demand.
  4. Analyzing Rental Yields
    • High rental yields mean better cash flow, making your investment more sustainable and profitable.
  5. Evaluating Economic Indicators
    • A strong local economy ensures a stable real estate market, reducing investment risks.

Mid-Monologue Sponsor Break:

Today's Show is Brought to You By: TimeToFixMyCredit.com. Text “Credit” to 561-861-2366 for more information.

Call to Action:

Have a specific question about home loans? Text "LOAN" to 561-861-2366, and we'll tackle it on a future show!

Resources to Help Renters, Buyers, and Investors (continued):

  • Networking with Real Estate Professionals: Building relationships with experienced professionals provides valuable insights and opportunities.
  • Utilizing Technology and Tools: Embrace technology to enhance your research efficiency and accuracy.

Sponsor Break:

Today's Show is Brought to You By: TimeToFixMyCredit.com. Text “Credit” to 561-861-2366 for more information.

Summary of Today’s Show:

  • Understanding Market Trends
  • Assessing Property Values
  • Identifying Investment Hotspots
  • Analyzing Rental Yields
  • Evaluating Economic Indicators

Concluding Remarks:

Thank you for joining us on today's "Tuesday Tools, Tips, and Techniques" Edition of The Real Estate Show. Remember, tomorrow is our "Wednesday Midweek Mortgage and Market Report," where you won't want to miss getting up-to-date with what’s going on in the real estate world. Thank you for taking the time to be here. Don't just listen; use our show to get started in real estate investing. Tune in every weekday to The Real Estate Show, a literal seminar in every episode. Also, don’t forget to attend our free online workshops for more valuable insights and strategies. Have a fantastic day, and we'll see you tomorrow!


Also, you can listen to the entire 30 minute broadcast of any day’s edition of The Real Estate Show by clicking on the audio link on that days summary post. You can also watch the Facebook Live video at www.facebook.com/TheRealEstateShow.

Want to know more? If you are serious about real estate and paying off debt, then find out more on today and every day’s episodes and learn more about Real Estate Investing and learn HOW TO by listening to The Real Estate Show with Eric Willner , Live every weekday morning at 9 o’clock (EST) on Florida’s Money Talk Radio stations WWNN AM1470, FM 95.3 and FM 96.9. You can also hear us on the free apps: iHeart Radio and TuneIn. Recorded Rebroadcasts are available 24/7 on Facebook. Please share this and our Facebook updates.

Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.

Also listen to the rebroadcasts on demand on Facebook.com/TheRealEstateShow 

Eric Willner is the Host and Founder of The Real Estate Show, an informative show about how to buy, own, and improve real estate the right way, on autopilot. - The Automatic Landlord way. (AutomaticLandlord.com) You can reach Eric Willner at Eric@Ericwillner.com or 888-595-7779.

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Posted by Eric Willner on August 1st, 2024 9:12 PM

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