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Updated almost 7 years ago,
Tarcizio GoncalvesPoster
Pro Member
- Rental Property Investor
- Palm Beach County, FL
- 40
- Votes |
- 150
- Posts
Rental property analysis
Hi everyone,
I am curious to know how investors determine the market rents on their properties. I am using a site called rentometer and I like it. I do think that they are a little on the higher side so I wanted to know if there are other sites used by investors to determine the market rent.
Do you just use a sites? What other strategies or tips you can give to find the market rent?
A 4-plex (strictly for investment) really caught my attention and according to rentometer, I can increase the rents by $275, per per unit. If this is the case, My cash flow will be really nice. I just want to make sure that I know what the actual rents are before making an offer on the property.
Thank you everyone