I need to figure out if 2 or 3 Bedroom

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I need to figure out if 2 or 3 Bedroom

Ram Hernandez
Flipper/Rehabber · Garland, TX · Member since 2018 · 31 posts · 4 votes

I would like to know how to figure out what type of houses rents better around my area. 2 or 3 bedrooms? 

I'm planning to buy me a small second house to rent, but not sure, if they are renting well around my area. 

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  • Brandon SturgillBusiness Member
    Real Estate Broker · Columbus, OH · Member since 2013 · 3k+ posts · 1k+ votes
    7y

    @Ram Hernandez It's all relative to your local market, but 3BR's always attract more families, which are traditionally more stable tenants...2 BR's attract younger tenants...or tenants with roommates, which may be problematic.

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  • Ram Hernandez
    OP
    Flipper/Rehabber · Garland, TX · Member since 2018 · 31 posts · 4 votes
    7y

    Thank you, It will help me a lot your feedback.

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  • Charles Lewis
    Real Estate Agent · Detroit, MI · Member since 2018 · 3 posts · 2 votes
    7y

    @Ram Hernandez 

    As Brandon stated I'd add what's the demographic of your area, and what is your strategy. Are you flipping or looking to hold then you'd want long term tenants which usually mean families.  Rent.com should be able to give you an idea on rent prices.

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