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Updated about 6 years ago on . Most recent reply

User Stats

116
Posts
73
Votes
Preston Quinn
  • Rental Property Investor
  • Lynchburg, VA
73
Votes |
116
Posts

Do you trust rentometer?

Preston Quinn
  • Rental Property Investor
  • Lynchburg, VA
Posted
Do you guys trust rentometer? What other metrics can I use to compare the accuracy of their site? I’m waiting to hear back from my realtor about the median rent on a duplex I am looking at. Right now, it’s not a good deal. Negative cash flow. But if rentometer is correct, then I stand to cash flow roughly $300 a month after I do some small repairs and increase rents. Any opinions would be greatly appreciated. I feel like I am over analyzing this deal. It’ll be my first rental and I would prefer it be a bad one.

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