Find the average annual revenue by bedrooms interested in ex: a 4br = $60,000
Look for the top performing properties of the bedroom counts interested in: top 2 categories in pricing
What do they look like? Style, design
Where are they located?
Amenities
Look for things to do and find golden triangles (google bard)
Setup a search on zillow with what found
Is this an area we want to pursue? If yes look for realtor on Bigger Pockets
Market Stats:
for 50% and 75% monthly, go to Revenue, then distribution of revenue, then unselect 25th and 90th percentile. Guestimate where the average is for that line (estimation of AVERAGE monthly revenue for the year) in the chart below.
View 2 of Market Overview By Bedroom (20% GY)
6
Market
Num BRs
% of market
Fifty % Monthly
Seventy-Five % Monthly
Low Target Home Price
Highest Target Home Price
Market
Num BRs
% of market
Fifty % Monthly
Seventy-Five % Monthly
Low Target Home Price
Highest Target Home Price
1
Ellijay, Georgia
1
7%
2200
3500
$132,000.00
$210,000.00
2
Ellijay, Georgia
4
17%
4500
6500
$270,000.00
$390,000.00
3
Ellijay, Georgia
5
8%
6500
9000
$390,000.00
$540,000.00
No results from filter
Amenities
Top Performing Properties
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