Information resources
I am new to this and am in the process of educating myself before making my first purchase. I am looking for rental property to buy and hold and have the luxury of some liquid resources. I appreciate the varying advice I have read here for evaluating property. Since I am looking at options in both local areas I am familiar with and out of state options, I am trying to find a single source that will give average rents and vacancy percentages for a specific area. There are some potential opportunities in Pheonix and Houston that look good. Any advice about these markets?
Have you tried the Chamber of Commerce for both of these markets? You should be able to get some statistical data at the respective websites.
Phoenix is a rough market right now. Houston is alot more solid with growth adn appreciation.
