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Supply and Demand
Hello,
How do you anaylze the supply and demand of rental properties in a certain area? I would like to look in a certian area to buy a rental property but want to figure out the supply/demand for rental homes in that area before investing. I know I can easily get an experienced real estate agent to provide me this information but I much rather look into it myself. Currently looking on websites for rentals in that area is how I am judging the supply. Does any one have any good ideas or techniques to evaluate the supply and demand of rental homes in a sprecific area?
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- Residential Real Estate Investor
- Kansas City, MO
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Originally posted by @Jeremiah Mon:
What resources do you use nowadays?
I don't use Padmapper or Hotpads. Redfin.com and Trulia.com are good for comps and worth checking out. Craigslist has also become very good for rental comps (particularly with the map feature).