Investment property: 2 bed, 2 bath or 1 bed, 1 bath (rent, HOA fees)

[vauser]

Which of these is more easily rentable from a Northern VA demographic standpoint? Is one better than the other? Is this different from an investment standpoint?

[earslikeacat]

When you are ready to sell, a 2b2b sells waaaay faster than a 1b1b.
Most people are partnered and one of them most always want an office or a 2nd bedroom for storage.
That was my experience in Chicago and I believe it to be true across the country.
Even single people want 2 bedrooms, so if you can swing it get the 2 for sure.
Luckily I rent a 1b out to a senior who then purchased but even seniors have enough crapola to want a 2.
If you can find one I highly recommend renting to a senior person over someone younger.

[Old Guard]

Originally Posted by earslikeacat

When you are ready to sell, a 2b2b sells waaaay faster than a 1b1b.

^This

[Hal Roach]

I've heard that a million times, but of my 8 sales, the two easiest were 1/1s. When prices get high; most people don't have a choice. High HOA fees come into the picture, too. Just don't pay too much....

[Flamingo13]

OP asked in 2009!