Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago, 11/29/2019

User Stats

3
Posts
0
Votes
Yaniv Yarkony
0
Votes |
3
Posts

How do i determine rents in an area?

Yaniv Yarkony
Posted

Im about to buy a duplex and when i use rentometer to verify rents it states that the average rent is $2700 for a 3/2 but duplexes with the same br count and sq feet size for some reason rents out for 1700-1800. So i went and checked numerous in the area they are all the same. But i just dont know if thats considered "under market" and if its worth to BRRRR those if they are decently renovated?
and how much should cashflow be? Is it ok to be in a negative and pay 700-1000 on the mortgage or is that considered a bad deal?

Thanks

Loading replies...