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Updated over 8 years ago,
Best resource to compare markets for Single/Multi-family Rentals
BP colleagues,
I've been starting to look at deals in my local area (Seattle/Tacoma/Everett WA) for single and multi-family rental properties. For a couple of reasons, I'm also considering looking outside this area:
1 Prices are significantly higher in my area than other parts of the country and it would tie up a lot more capital to get started. This could limit how quickly I'm able to build a portfolio of properties.
2. Because of the prices in my area, it seems harder to find properties that meet my basic criteria for cash flow in my area.
I'd like to find a resource that enables me to compare rental property markets in one view. I'd also like to start networking with the folks in out-of-state markets.
Any thoughts or guidance? Thanks for your time and input!
J