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Updated almost 2 years ago on . Most recent reply

Morgan Pierson's profile image
Morgan Pierson's profile image
Morgan Pierson
  • Member since Nov 27, 2022
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Morgan Pierson's profile image
Morgan Pierson's profile image
Morgan Pierson
  • Member since Nov 27, 2022
Connect
Morgan Pierson
1
Votes |
7
Posts
Starting Out

BP Rent Calculator Clarification

Morgan Pierson
Posted

Hello BP,

I'm using the BP Rent Estimator tool for a multifamily, and I am wondering how to use the median rent estimate that it provides. Is that estimate for each unit or for the entire property? In other words, if I run estimates on a duplex and it gives me a median rent of $1000, should I be doubling that since it is 2 units, or is that $1000 for the entire property? Thanks in advance!

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