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Updated almost 5 years ago on . Most recent reply

User Stats

56
Posts
30
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Muoki Musau
  • Realtor
  • Leesburg, VA
30
Votes |
56
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Realtor, How Do You Analyse A place is “Good fire Renting”?

Muoki Musau
  • Realtor
  • Leesburg, VA
Posted

Good morning bigger pockets! New investor and agent here! I have a client who wants to buy a home in Dumfries, Northern Virginia. This is his first home, and he wants to also use it as an investment property. How do you research an area/ZIP Code answer the question, "this place is good for renting your property out?" Do you go on the MLS?

Most Popular Reply

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9,999
Posts
18,561
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Joe Splitrock
  • Rental Property Investor
  • Sioux Falls, SD
18,561
Votes |
9,999
Posts
Joe Splitrock
  • Rental Property Investor
  • Sioux Falls, SD
ModeratorReplied

@Muoki Musau this question is a little concerning. A new investor and a realtor new to investment properties. My concern is the lack of experience on both your parts could result in a bad experience for the buyer. My recommendation is seek the advice of a more experienced agent in your local market. BP is great at giving you the basic tools to analyze and understand investments, but real estate is very much local. 

  • Joe Splitrock
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