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Updated about 6 years ago on . Most recent reply

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11
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3
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Erika Graham
  • New York, NY
3
Votes |
11
Posts

Assessing Rents in Different Neighborhoods - OOS Investor

Erika Graham
  • New York, NY
Posted

Hi everyone, I think this is a fairly basic question, but maybe some of you have experienced the same when you started out. I'm trying to determine how out of state investors get a good sense of the rents you could earn in different neighborhoods of the areas you are looking at? My husband and I have narrowed in on Cincinnati, but looking at realtor.com, zillow, craigslist, etc does not turn out a lot of information. We have asked the real estate agent we are working with, but she has said it really depends on the property.....the issue with that is it becomes difficult to run numbers to see what is worth pursuing or not. I don't want to have to go through hundreds of MLS properties, think something looks nice, then talk to the agent to find out the numbers don't make sense. Does anyone have any suggestions or tips?

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