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Updated about 8 years ago on . Most recent reply

Account Closed
  • Investor
  • Milwaukee, WI
3
Votes |
9
Posts

Rental Prices (How to estimate them)

Account Closed
  • Investor
  • Milwaukee, WI
Posted

What is the most reliable way to find out what a Single Family Home will rent for when running an analysis on a potential investment property? 

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Jeff Rabinowitz
  • Investor/Landlord
  • Farmington Hills, MI
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Jeff Rabinowitz
  • Investor/Landlord
  • Farmington Hills, MI
Replied

The most reliable way is to list it (or a similarly described unit) for rent and see what the response is. Another is to call and inquire when you see similar units advertised for rent. There are several online sources that have variable reliability (everything will have variable reliability). When you get similar results from rentometer.com, eppraisal.com, your local MLS, zillow, trulia, etc. you are probably getting close to prevailing rent.

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