How to evaluate a healthy rental market
Hey all!!
I was trying to look into a particular neighborhood - Willowbrook/Westerleigh Staten Island NY and ran into trouble evaluating the renters market. - If I want to buy and hold there needs to be a healthy rental demand. - In the past in other neighborhoods I was shown really good deals by brokers and others but I had to find out through word of mouth that there was a glut of rentals and many remained empty. Only after I confronted the broker did she admit it was true.
What is the best way to work out the rental market there or elsewhere.
Thanks.
Stephen Moskowitz