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Updated over 5 years ago on . Most recent reply

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8
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2
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Eric Graig
  • New York, NY
2
Votes |
8
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Determining Market Rental

Eric Graig
  • New York, NY
Posted

I am looking at some properties to purchase for either AirBNB or long term rentals. What is the best way to determine the going rate for rentals? Also, is it better, worse, or does it not make a difference whether I purchase a property with existing tenants than one that I would be converting to a rental? Finally, what kind of interest rates can I expect for an investment property. I have good credit and can offer a substantial down payment.

Thanks much.

Most Popular Reply

User Stats

546
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226
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Rob B.
  • Chicago, IL
226
Votes |
546
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Rob B.
  • Chicago, IL
Replied

There are a lot of great tools out there; rent range or rentometer are two good ones. @Eric Graig

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