All Forum Posts by: Pat Danaher

Thanks Shaun. I will start looking through the listing on Craigslist.

Hello,

How do you anaylze the supply and demand of rental properties in a certain area? I would like to look in a certian area to buy a rental property but want to figure out the supply/demand for rental homes in that area before investing. I know I can easily get an experienced real estate agent to provide me this information but I much rather look into it myself. Currently looking on websites for rentals in that area is how I am judging the supply. Does any one have any good ideas or techniques to evaluate the supply and demand of rental homes in a sprecific area?

This information is helpful. Thanks for the post. When dealing with income producing real estate (multi family) how likely are the banks to give loans on the basis of the income potential of the property and not the investors credit score and down payment?

I have also found that banks are not willing to look at the property's itemized deductions but rather the net gain/loss on the tax filing, so in my case i had a lot of deductions and write offs that I had a net loss on the property on paper. When trying to get financing they only looked at the net loss and wouldn't give credit to the actual income the property was making. In order to get future financing should I change the way I write off expenses adn other deductions?

Thanks

Pat