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Updated over 6 years ago,
FINDING AVG RENT IN AREA
Hi Guys,
When you are analyzing rent in a particular market/submarket you are considering in investing in to buy a multiunit in how do you know if you're analyzing rent for 1 bed, 2 bed, or 3 bed? You obviously wanna compare apples to apples.
Also, are you using the average rent or median rent in your analysis?
Thank you,
JM