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Updated over 8 years ago on . Most recent reply

User Stats

468
Posts
85
Votes
Abdul Azeez
  • Real Estate Investor
  • Monroe Township, NJ
85
Votes |
468
Posts

How to find rental income for MLS listing?

Abdul Azeez
  • Real Estate Investor
  • Monroe Township, NJ
Posted

Folks - I have taken a few steps since joining bigger pockets. These include combing through and acquiring as much knowledge as possible, listening to several podcasts, running property deal analysis using active listings and meeting with my realtor (he listed my house previously and so I have a relationship) who has configured me for MLS alerts for multifamily as well as non-multifamily alerts. I have over 500 properties that I am coming through and running my excel analysis on cash flow. So, far most of them are duds at the price advertised. One of the issue I am running into is that whereas it was real easy to find the rental income on the multi-families since they are listed in the MLS listing, it is difficult to do so for condos. I used rentometer.com a few times but have hit against the cap and they are asking me to buy a pro membership. What is the easiest way I can factor in rental income into my analysis for condos?

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