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Updated almost 9 years ago on . Most recent reply

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9
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Michael Murphy
  • Rosedale, MD
0
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9
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rental value of first buy n hold?

Michael Murphy
  • Rosedale, MD
Posted

Hello All!

Any suggestions for figuring rental charge for a potential investment property other than calling a PM company or Craigslist? Just wondering if there was a MLS for rentals or something. More data would give a better average...

TY!¡!!!!

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200
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Sky Mikesell
  • Principal
  • Charlotte, NC
89
Votes |
200
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Sky Mikesell
  • Principal
  • Charlotte, NC
Replied

Hi @Michael Murphy ... to clarify you are looking for the value of what your rental property would rent for?    If so there are a few great resources....   http://www.rentfaxpro.com/    or    https://www.rentrange.com/  

I use both when i am buying in areas i'm not overly familiar with the rental market.  My experience with both of these companies is while they don't present empirical evidence of the rent values , they both have excessive resources and when comparing the rent values they present to the properties already in my portfolio they are pretty accurate. 

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