QUESTION:
I am trying to understand the difference between “master score” and “wealth maximizer score”.
My main objective is to choose areas that would appreciate the most, so that I can benefit from leveraged appreciation. My strategy would be to buy and hold as long as I am getting good appreciation and then sell when appreciation dies down.
For this strategy, should I put more weight on one score versus the other? I have mostly been following the “master score” but recently learned about the “wealth maximizer score”.
ANSWER:
The Wealth Maximizer Score (available in Pro Only) is a more advanced scoring than the Master Score because it takes numerous indicators into consideration (of which the Master Score is one).
We also recently added the Wealth Maximizer “Strategic Market Scanners”(Magic Buttons) (available in Pro Only) that identifies several indicators that support future appreciation. Using the Magic Buttons table results allow you to sort the “filtered” results by each indicator. This is helpful when you want to refine the results/markets based on a particular attribute like cash flow or median house value, etc…
As with any Nation or State wide search, instead of jumping directly to zip code level, it’s better to start at the METRO level, then drill down into the “winning” Metros to find the best micro markets in that Metro.
