Would you invest near a Starbucks? ☕
SHARE this to your story if you would!
This is a very clever real estate investing hack that I’ve seen come from theficouple (who will be coming to speak at the Out of State Investor Summit btw)! 🎉
They like to use the ‘Starbucks Rule’ to find markets to invest in and buy rentals 🏘️
They look for properties within 3 miles of a store, like Starbucks, which I think is an interesting tactic to use when analyzing potential markets. 🏘️
Starbucks tends to looks for markets and areas that have:
💼 Diverse job population (office workers, industrial workers, etc)
💰Median household income: $60,000
📈 Positive job growth
🧑🧑🧒🧒 Positive population growth
(Plus a few others, but these I think are the most relevant to you!)
If they’re willing to take a multi million dollar bet on a market, wouldn’t you? 👀
So if you’re feeling stuck on what market to invest in, consider using Starbuck’s research to help you fast track your decision on fin...