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Forum / General Property Management / New to Real Estate Investing - 1 Question
Hi I am new to real estate investing and currently live in the Norristown, PA area. I have been looking at several single family homes to start my portfolio but havent found anything worth purchasing yet. Most of the homes I am looking at are small, between 3-5 bedrooms. My question is, Is a 3,4 or 5 bedroom any easier to rent out than the other? My assumption would be that it is easier to find tenants for a 3 bedroom than a 5 but that is a guess. Has anyone had any experience with this? Thanks
Gregory O, PA on Wednesday, October 28, 2009
RE: New to Real Estate Investing - 1 Question
Well there are so many varied opinions on this. My personal experience is this: It is easier to rent out 3 bedrooms BUT with that being said a properly priced 4+ bedroom can also be marketed and rented out as well. You can call it a 3 + bedroom with an office/guestroom. OR the big thing now is renting out rooms one by one; you have to check with your zoning office about this. If you are open to it, going the "HUD Voucher" way may also be an option.
Posted by Denise S, PA on Thursday, October 29, 2009
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