Know the rent for your area, know the number of units in your building, and determine what your ROI will be at a given purchase price.Originally posted by "tasigurl":Owner Occupied77%64% 60%Rental Units18%31% 33%Vacant Units5%5% 7%Critical information for measuring supply and demand for certain types of housing.- Low vacancy rate means high overall demand- High owner-occupied means good market for rehabbing- High rental % tells you this is a renter's marketOriginally posted by "tasigurl":HomeGain Agents73I have no idea how valuable this information is... do you like HomeGain Agents?

We will help you with a smooth transaction, we will provide you with our research experience, from how much rent you can charge in a given area, what is the rental demand in this area.

He asks for a gift card to buy supplies but demands it be from an adult book store.

Whether prices drop or not, there's still all this new demand for retail and office space in particular that needs to be fed.On a side note, it's funny to me how many people didn't see this correction coming.

Detroit taxes are about $3,000/yr on a brick bungalo and that really hurts the investors cash flow for renting on top of an extremely High rental inventory to boot.The sunday paper is full of rental homes, apts, flats along with properties for sale, so finding tenants is as hard as finding buyers.Also there has been so much new construction (condo's etc.) that what I'm seeing is a large supply with little demand.

A lot of the successful landlords I know try to shoot for a little below market rent to allow them to increase the demand for their units so they can be more selective in picking tenants.

simple supply and demand will tell us that if you have more single family homes on the market than there are people to buy them .. then the prices will have to come down, which will mean less profit.

Some of us buy 2 or 3 houses in a week so we have to get really good at seeing little things that our potential buyers are going to point out and demand fixed.

Ethics certainly demand honesty, but you do not owe it to every seller you bump into to advise them on pricing.

Could I demand a receipt or a copy of a work order, since it is my unit?