I’m driving for dollars to find a good rental property. My target is this new area that haven’t searched yet. I’m trying to figure out the rents rate in certain neighborhoods... Does anybody know the best method to calculate this?
@Ricardo Herrera The best way is find other landlords in the area and call them. If you see a For Rent sign, call it and ask questions. Short of that, there are online tools such as Rentometer, Zillow, and Craigslist. Craiglist will show you housing available in the area of your choosing, and the current asking prices.
Thanks guys for your response and time, it is really helpful. I will go ahead and do those things you all are suggesting. Have a great one!