Hello,
I am new to investing and I have a purchase contract (to be used for wholesaling purposes) that needs to be reviewed by an attorney for any modifications. This is a program that will allow me access to an attorney for free but they just want to see a business plan. I am creating one now and I am at the section for Industry/market Analysis. I was able to find some very concise information for the county I will be wholesaling out of in terms of demographics, housing prices, income and things of that nature, how ever the information was compiled in 2007. Is that information to old to be accurate or can it still be used. If it is to old does anyone know of a website or a place where I can go to receive more up to date info? Thanks
Some of the info might still be valid depending on what you are looking up. I wouldnt use any home values from 2007. Crime rates are probably similar, but I would still try to get a newer update. Thats an awful lot of work to have an attorney look at an AOS. Either way, it’s good you are building a business plan for your wholesaling business. Just make sure you dont get stuck in the “set up” mode. Take action and get the phone ringing