Finding stats on rentals before purchasing

[Bridget DiEoreo]

Is there anywhere online to look up certain stats of the rentability factors in certain locations? For example, would you be able to look up whether or not different neighborhoods, towns, cities, are more desirable than others to rent?  I'm starting a search on multifamily investment properties and coming across some areas that I'm unfamiliar with and wanted to see if there was something out there that could help me compare different locations before I go out to physically look at the properties.  

[Jared Hottle]

Yes, there are several online resources that provide information on rental real estate market trends and rental property data for various locations. Here are a few popular options:

1. Zillow: Zillow provides real estate market trends and data, including information on rental rates, property values, and other key metrics for various neighborhoods, cities, and states.
2. Rentometer: Rentometer is a rental market analysis tool that provides rental rate comparisons for specific properties and neighborhoods based on real-time data.
3. RentCafe: RentCafe provides rental market data and insights, including information on average rental rates, occupancy rates, and other key metrics for various neighborhoods, cities, and states.
4. Yardi Matrix: Yardi Matrix is a commercial real estate research tool that provides market insights and data on various aspects of the real estate market, including rental trends and property performance data.

It's important to note that while these resources provide valuable data and insights, it's also important to physically inspect the properties and consider local market conditions and factors unique to each location.