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Updated almost 5 years ago on . Most recent reply

User Stats

33
Posts
9
Votes
Poe George
  • Real Estate Agent
  • Rockland, MA
9
Votes |
33
Posts

Finding what current tenants pay in rent

Poe George
  • Real Estate Agent
  • Rockland, MA
Posted

Is there a better website when trying to find out what current rent tenants pay?  I have seen it sometimes on realtor.com but wonder if zillow, trulia, redfin or something else is more consistent

Most Popular Reply

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1,093
Posts
755
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Mark H. Porter
  • Investor
  • SC NC, VA
755
Votes |
1,093
Posts
Mark H. Porter
  • Investor
  • SC NC, VA
Replied

Hi Poe, let me offer a different tact.  You know how much you can afford so only look at properties under 110% of that (to allow for dealing).  Once you have this narrower list then do drive buys to check out the neighborhoods And how the places are taken care of.  If you end up with 5 perfect properties look at those first .   Call the seller or their agent and tell them you did a drive buy and liked what you saw and ask them for the numbers - primarily income and expense.  If they won’t give them to you just move on to another one.

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