Getting Rental Comps

[Aaron Macken]

Hey everyone, hoping to get some feed back and hear what your experiences have been on this. 

I'm looking to do my first house hack this up coming year and I've been running a bunch of numbers on properties I've been seeing on zillow. I usually just look at zillow to see what units are renting for and use those as comps. Is this an accurate way of getting rental comps? I also read in David Greene's BRRRR book that he likes to use rentometer.com

What do you guys think? Last thing I want to do is get the wrong idea of what I can rent for & end up shooting myself in the foot!

Let me know

-Aaron

[Kyle J.]

@Aaron Macken Typically, you’ll want to check multiple sources (e.g. Zillow, Rentometer, Facebook Marketplace, property management companies, etc). 

Here’s a blog post with some info on the more common sites and places you can use to help set an accurate rent price:

How to Determine Fair Market Rent