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Rental Market Trends

Questions to consider regarding the rental trends in the market:

  • What are the historical occupancy rates for the property?  Overall occupancy rates for the market?
  • What are the rental rates for the property compared to the price per door?  Are there concessions or incentives that are being offered?  How do these factors compare to similar properties in the area?
  • Are there any recent changes in the market that will impact occupancy/rental rates of the property?
  • What are the demographics of the tenant base of the property (for example, is it primarily students, or military, etc.)?
  • What is the ratio between the average purchase price of a house, compared to the average monthly rental rate? 






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