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Check out all of our educational articles that dive into various topics about market selection, and market fundamentals in passive multifamily real estate investing.

Primary Secondary and Territory Real Estate Markets

Understanding Primary, Secondary and Territory Real Estate Markets

Understanding markets is the key to success in real estate investing. Choosing what market or markets you want to put your capital to work in requires a great deal of knowledge. To simplify things, there are 3 types of real estate market classifications that we use to bucket a market into. Classifying a market as primary, secondary, or tertiary helps us understand the density of population that a market has, what type of infrastructure and amenities it possesses, and how each real estate market functions. In this guide, we’re going to break down the difference between the 3 classifications, and what opportunities lie within each.