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Updated about 11 years ago, 11/27/2013
Rental comps - how?
how do you all get a feel for rental rates and terms in an area?
I basically do two things, drive around to see for rent signs, call up a few and get to know their asking rent, pet policy, security deposit etc...
I also look up a few sites to do the same. Zillow I like more than others because of the map feature and allows you to visualize anyone close by quickly.
but those are asking rates
is there a source for how much they actually rented for, and when?
I assume much of that info is not a available when its a private landlord, but what about when the rental was handled by a realtor and marketed via MLS?
Is there a way to see those numbers? Any web site?