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Updated about 9 years ago,

User Stats

24
Posts
1
Votes
Sherief Melik
  • Real Estate Investor
  • Rolling Meadows, IL
1
Votes |
24
Posts

High renter occupied areas VS High owner occupied areas

Sherief Melik
  • Real Estate Investor
  • Rolling Meadows, IL
Posted

While i am researching for best places to buy rental investment properties i feel confused while looking on (vacancy rate, high owner occupied areas ...etc) , my question is when there is an area which has 80% houses owned and 20% houses rented and another area got 50% houses owned and 50% rented which will be better for rental investment ?

when you go to a nice area with good schools but yet the houses are a bit affordable and rents are high compared to the price you see that 85% owned and only 15% rented , do you think it's good idea to buy and rent in that area ? or it's the opposite i look for areas that high number of rented units.

Thanks.

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