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Updated about 1 year ago on . Most recent reply

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32
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Ben Crego
  • Fort Lauderdale, FL
11
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32
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Rent Analysis - Zillow, Rentometer, Bigger Pockets

Ben Crego
  • Fort Lauderdale, FL
Posted

I am trying to decide where to start rents at for my first rental house. I checked Zillow, Rentometer, and the Bigger pockets calculator. The results are grossly different. If think it’s maybe closer to 1600-1700. Anyone have any experience with one being more accurate?

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,290
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Those are all computer algorithms that can't take specific details into consideration like paint color, flooring, countertops, room layout, quality of neighbors, and many other factors.

Use their numbers as a beginning analysis but then actually look at comparable rentals on the market and compare them to yours. If the situation permits, consider secret-shopping some of the rentals to get a good idea of how yours compares.

  • Nathan Gesner
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