Looking for a good area to buy a property for rental

Memphis, TN · Member since 2019 · 13 posts · 4 votes

What are some good tips on what to look for when buying a rental property to see if it’s in a good area or good neighborhood? How can I research that?

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Abel CurielBusiness Member
Real Estate Agent · Queens, NY · Member since 2016 · 2k+ posts · 1k+ votes
6y
Originally posted by @Josh Smith:
What are some good tips on what to look for when buying a rental property to see if it’s in a good area or good neighborhood? How can I research that?

Hey Josh,
To find the best neighborhoods, I would start off with a simple zillow search for multi-family properties in different areas. Highlight a 5-10 properties that catch your eye and look up the local school district and local precinct - for accurate crime stats.
To get "a feel" for the neighborhood, I recommend driving by the different areas during weekends and evenings.
Lastly, a local Realtor can point you in the right direction if you have a particular price point in mind. Get specific with your criteria so you can make sure you lock down the right Realtor.
Best of luck to you!
Abel
REbuild Team - eXp Realty5234 Reviews
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Anabel Uribe
New to Real Estate · Orange County · Member since 2019 · 7 posts · 4 votes
6y
@Josh Smith check the tech startup scene, economic growth in general, areas near universities, popular airbnb locations—check airbnb website for research purposes. Just some ideas!
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Josh Smith
OP
Memphis, TN · Member since 2019 · 13 posts · 4 votes
6y
@Abel Curiel thank you so much
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Josh Smith
OP
Memphis, TN · Member since 2019 · 13 posts · 4 votes
6y
@Anabel Uribe thank you so much
0 Reply
Josh Smith
OP
Memphis, TN · Member since 2019 · 13 posts · 4 votes
6y
@Abel Curiel thank you so much
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