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Updated over 5 years ago on . Most recent reply

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M. Anthony Contrascere
  • Colorado Springs
8
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19
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Places to find rental comps

M. Anthony Contrascere
  • Colorado Springs
Posted

Hello everyone,

I would like to have everyone's opinions on the best tools they use for finding rental comps in certain areas. I know of Rentometer, and I also use Craigslist and search the specific location with the correlating number of beds/baths. 

Is there any other tools I could be using that may be more efficient? I appreciate the input in advance, thank you!

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@M. Anthony Contrascere

The most important part is how you define comp. Make sure properties are similar in location, class, size,# of units, unit mix, and amenities. You broker can pull these for you but make sure its your broker and not the sellers broker. I frequently use apartments.com for my own multifamily under writting. I search by zip code then filter by amenities, and review each property individually for the remaining qualifications. If your looking at sfh rentals zillow work well. But the easiest way is to have your broker pull them so long as they understand your requirements.

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