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Updated over 8 years ago on . Most recent reply

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David Zheng #4 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Saint Louis, MO
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Does my Rental Rate become public Knowlege????

David Zheng #4 Real Estate Deal Analysis & Advice Contributor
  • Investor
  • Saint Louis, MO
Posted

Hi BP,

so I rent out to tenants at rates 25-30% over what I see advertised in public ads. I'm only able to charge so much because I have a talent in getting high paying tenants even if my property is about as good as the other ones in the area.

I'm worried that once I report taxes or something, my rents will be seen by other investors. Is this a legitimate fear or is there a way to hide it?

Most Popular Reply

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Mike Cumbie
  • REALTOR®
  • Brockport, NY
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Mike Cumbie
  • REALTOR®
  • Brockport, NY
ModeratorReplied

Hi @David Zheng,

I'd worry a whole lot more about the tenants figuring it out than the other landlords. 

  • Mike Cumbie

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