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Updated 12 months ago on . Most recent reply
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Analyzing Rentals (What to Look For)
Hey all,
I am a new investor, still in the research stage of my career. I am looking to invest in a rental property in the near future. While I am building capital to make the investment I'd like to begin researching different properties in several markets. Though it feels pointless given that I am a few months from being able to make the purchase, and the market will likely be in a different state at that point, I figure it couldn't hurt to practice analyzing the market for potential deals.
I'm reaching out to anyone who would be willing to give a few pointers, i.e. what to look for. Feel free to discuss it here, or DM me, I'm open to building professional relationships to gather more insight. Thank you!
Most Popular Reply
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Pick one market, preferably the market in which you want to live and have your REALTOR send you all new and changed listings in email each day. They can set this up through their multiple listing service. You'll get a feel for the market if you read the email each day.