New to Real Estate

[Mona Azad]

Hi everyone, I am new to real estate and BP. I live in Kingston, ON and have been wanting to buy a rental property for some time. I must admit that it is kind of intimidating to write my first post here as all of the members sound so knowledgeable and experts in their fields. But I had to start from somewhere so here I am.  

I have been listening in to a lot of podcasts here and have been reading the posts on the forum regularly and I want to start analyzing deals. My question is how do you find out how much the property will rent out for? Do you just estimate based on similar properties?