New to the game

[Andy Ng]

Hi y'all! I am very new to the real estate game and wanted to gather some knowledge in the general area. What are some of the factors you look into to determine if a rental property has value? I am taking in school districts and overall convenience into consideration but don't know what else. Thanks in advance and would love to hear your thoughts.

[River Sava]

Hey Andy, welcome to BP!

 When evaluating rental properties, aside from school districts and convenience, consider factors like neighborhood amenities (parks, restaurants, shopping), rental demand, job market trends, property condition, potential for appreciation, and rental income compared to expenses (including taxes, insurance, and maintenance). Additionally, keep an eye on the local economy and any upcoming developments or infrastructure projects that could impact property values and rental demand. Hope this helps and happy hunting!