I have considered to possibility of investing in rental properties. One very important aspect when deciding on suitable properties is the vacancy rate in the area. Can someone point me to a website or other reference information which would contain rental vacancy rates throughout the U.S., or specifically Pennsylvania?
2007-01-17 08:00:18 · 2 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
http://www.cyberrentals.com/Northeastern-Pennsylvania/s/274/fa/find.squery
You not only have to consider what the nominal rates are, but you also must consider any upgrades in the apartments you have to make. Before investing, check with the region's ordinance departments and make certain this place has not already been cited for anything that is not code and was supposed to be repaired or upgraded. You'll be doing yourself a great favor. Good Luck!
2007-01-17 08:05:26 · answer #1 · answered by chole_24 5 · 0⤊ 0⤋
look for forclosures in your city. you can look thru yahoo, just type in forclosures in what ever city u live in. Also since your new at this u might want to get involved w/ hud housing. good luck...
2007-01-17 08:07:34 · answer #2 · answered by sassylilb68 2 · 0⤊ 0⤋