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How does one run 'Rental Comps'?
How do you run rental comps when you're analyzing a potential deal? I'm new and don't know the area well enough, so I have to look it up, but I don't know where to start in that respect. Do you have any specifics metrics you look at? Do you recommend a service that looks it up for you?
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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:
You may find this blog post helpful: