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All Forum Posts by: Wes Shaw

Wes Shaw has started 3 posts and replied 19 times.

Post: Identifying Good Rental Markets/Towns

Wes ShawPosted
  • Trenton, TX
  • Posts 19
  • Votes 5

@Gino Barbaro Thanks for the info. I am going to look into those now. As for the broker, I thought the same thing when he said that.

@David Faulkner I meant these towns could be heavy renter towns due to income and therefore a good investment to get into rentals as there would always be a stream of folks looking to rent. It could be the right or wrong assumption on my part which is why I was looking for more information. I hope that cleared up my comment. Now that I have reread my initial post, I can see how it could be confusing. 

Post: Identifying Good Rental Markets/Towns

Wes ShawPosted
  • Trenton, TX
  • Posts 19
  • Votes 5

@George Despotopoulos Thanks.I will check those sites out. Appreciate the response.

Post: Key to success

Wes ShawPosted
  • Trenton, TX
  • Posts 19
  • Votes 5

@Account Closed great read and great advice!

Post: Identifying Good Rental Markets/Towns

Wes ShawPosted
  • Trenton, TX
  • Posts 19
  • Votes 5

Hey guys, I am a newbie looking to invest in rental properties. I live in a rural area with several small towns (1200-3000 population) within 10 miles of me. I assume most of them are good towns to invest in as they are lower income towns due to the types of jobs available. However, as opposed to assume I would like to uncover some facts to help guide me. Are their any websites out there that could help me identify which town(s) have the most renters or is there demographic information that I should be looking to use as a guide? A real estate agent told me they were unaware of any resources, but it sounded like a lazy answer to me. However in my research I haven't found much help either. Any help is appreciated?

@Dustin Beam awesome spreadsheet. I am a newbie and this is exactly what I needed. Thanks for sharing.

Post: New to real estate investing

Wes ShawPosted
  • Trenton, TX
  • Posts 19
  • Votes 5

Thanks Ayodeji. I appreciate the advice. 

Post: New to real estate investing

Wes ShawPosted
  • Trenton, TX
  • Posts 19
  • Votes 5

Thanks Steven. 

Post: New to real estate investing

Wes ShawPosted
  • Trenton, TX
  • Posts 19
  • Votes 5

Thanks Jay. Glad to hear things have worked out for you. Hoping they do the same for me. 

Post: New to real estate investing

Wes ShawPosted
  • Trenton, TX
  • Posts 19
  • Votes 5

Hey just wanted to introduce myself. I am looking to buy my first rental property and start into the world of real estate investing. My interest at this time mainly lies rentals, but could see expanding into rehabbing at some point in the future. I am going to look at my first potential rental property today with my agent. Any tips, tricks or hacks you are willing to share, I would love to hear.