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User Stats

8
Posts
14
Votes
Yoni Meth
14
Votes |
8
Posts

Rent demand in North Hilltop

Yoni Meth
Posted

Hi :)

Is there any way to determine rent demand?

I'm looking to invest in a duplex with 1 bd, 1 ba in each unit in North Hilltop, and I'm wondering how much demand there is for such a small house in that area.

I tried searching using Rentometer but got results from only 4 samples...

User Stats

68
Posts
37
Votes
Chris Varsek
Agent
  • Real Estate Agent
  • Beach Park, IL
37
Votes |
68
Posts
Chris Varsek
Agent
  • Real Estate Agent
  • Beach Park, IL
Replied

I often will call the top 3 property management firms in the area to see what their thoughts are re: demand in a certain area.

User Stats

3,854
Posts
2,195
Votes
Michael Smythe
Property Manager
  • Property Manager
  • Metro Detroit
2,195
Votes |
3,854
Posts
Michael Smythe
Property Manager
  • Property Manager
  • Metro Detroit
Replied

Yes, it's call Days On Market.

The longer it gets, the worst the market.

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