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Updated about 1 year ago,
Warner Robins and other areas
Hello, I am looking to invest in my semi-first rental property in Warner Robins area. Although I’ve found some good deals in other areas outside of Atlanta too.
When researching typical rent for the direct area, I am looking at property management companies, Redfin, Zillow, apartment complex, Craigslist etc. to get a good idea what average rent is. However, quite a few properties that I’m interested in buying already have tenants in the house renting at a significantly lower rate. It would be ideal to keep the already established tenant in the property but the lower rent makes the positive cash flow now negative. It’s also making me second guess rental rates. Maybe my research is incorrect.
Any help and guidance would be appreciated.