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Updated over 5 years ago,
Estimating rent for multi-family homes
Hi,
I'm just starting out and educating myself as much as possible, and I would really like to get into a buy-and-hold strategy for multi-family properties in the 84606 Utah Valley market. I'm starting to analyze deals that are available using BP's calculator tools, but I'm finding calculating rent for the multi-family units I'm looking at to be a little tricky using tools like Rentometer. It seems pretty straightforward for single family homes according to the number of beds, but it doesn't seem to distinguish between a single family home with 4 beds and a duplex with 2 beds per door. Anybody have any advice on getting accurate estimates for this?
Thanks!