Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
How do you estimate rental prices/vacancy rates for "rich" areas?
How do you estimate rental prices/vacancy rates for "rich" areas?
I see some Facebook posts for roommates for wealthier areas of Houston, TX like neighborhoods of Kirby and Montrose, but how do I calculate what I can actually get for a given property? What resource would be the best to get this information? Of course I want the cheapest and most accurate resource to obtain this information.
I also may be house hacking a property in these areas, so how do I know how feasible it would be to rent out 2-3 rooms in a SFH and how much people would be willing to pay and how long they are willing to stay?