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Updated over 11 years ago,
Estimating Rental Price
Hi guys,
Every place I have gone to learn about REI in buy and hold properties I see people using all these rules (50% rule and so on) and they always know how much the potential place can rent for. I have a range in my area 2b 2ba usually around 1200-1400 right now and 3b 2-2.5ba are anywhere from 1500+. That is a huge range in my opinion. Where and how are you guys estimating potential rents?