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Updated almost 7 years ago,
Are My Rents Accurate?
I'm wondering if my rental property rents are correct. I'm in the Dayton area and I'm owner-occupying a 4-unit multifamily property. I'm super new to this and I'm just trying to get to the correct market rents. There are two 2 bedroom, 1 baths, and two 1 bedroom, 1 baths. I'm currently living in one of the 1 bedrooms. My current rents are:
1 bedroom - 510
2 bedroom - 580
2 bedroom - 650
Tenants pay electric and I pay water/sewage/trash. There's off street parking and in-unit laundry hookups. If anyone is interested the address is 1306 on Black Forest Drive. Any advice is helpful! :)
Thanks,
Christian