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.
General Real Estate Investing
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 almost 3 years ago on . Most recent reply

User Stats

10
Posts
5
Votes
Dean D.
5
Votes |
10
Posts

What are the indicators of a good/healthy rental market

Dean D.
Posted

Hi all, 

I am looking at finding my first "buy to let" property. What indicators can be used to guide in deciding where to purchase a rental property?

I can do a search on a property site for a given area, but what metrics can be used to determine if it's a good place to buy? 

Is it number of available rental units? 

Is it price of rental units? 

General quality of available units? 

Etc.

Any advice is much appreciated. 

Dean

Most Popular Reply

User Stats

16
Posts
28
Votes
Jake Johnson
  • Wholesaler
  • Oceanside
28
Votes |
16
Posts
Jake Johnson
  • Wholesaler
  • Oceanside
Replied

What i've been looking at personally: 

-Rising population, rising job market/median income, crime rate, vacancy rate, distance to the city center.

The biggest thing i've been looking for is stable job markets and vacancy rates. Vacancy rate is what i've been measuring the supply and demand with. I get that rate from property managers i've been calling

Loading replies...