Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

7
Posts
2
Votes

How to know if a location will attract renters?

Posted

Is a spot with a lot of rentals available considered a good spot?  OR is a spot with little/no rentals better because you don't have as much competition?  

The spot I'm looking at with little/no rentals available is only like 10-15 minutes from the spot with a lot of rentals.  I'm not sure if this would be considered "good" or if I should steer clear from areas that historically don't have a large amount of rentals available.  

Any other tips/suggestions on how to determine good rental locations in particular?  Any websites that you've found useful?  

I appreciate all help - Thank you!!!

Most Popular Reply

User Stats

741
Posts
424
Votes
Kathy Henley
  • Rental Property Investor
  • St. Louis, MO
424
Votes |
741
Posts
Kathy Henley
  • Rental Property Investor
  • St. Louis, MO
Replied

It is all about people @Vincent DeAngelis. As an investor, you want to know who you serve and how to keep them happy so that they sign a lease stay a while. Is it an area where people want to be? Do you want to be there? Would you let your daughter live there? Park along the street and take it in. Then go to Rentometer.com and check out area rents.  

Loading replies...