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Updated about 8 years ago on . Most recent reply

User Stats

8
Posts
6
Votes
Landon Coate
  • Investor
  • Covington, OH
6
Votes |
8
Posts

How do I best price a rental for sale?

Landon Coate
  • Investor
  • Covington, OH
Posted

My wife and I are considering selling our rental. I wanted to ask for everyone's advice on the best way to price the property if I were to sell it.

Is finding a realtor to a guesstimate on the property the best way?

I located the article on https://www.biggerpockets.com/rei/real-estate-comp... I am getting a very large variety in prices ranging over $100K in differences in estimates from these sites.

I struggle with the comps seam to be hard because the house is a 4bed 2Bath ranch in Dublin Schools. There are so few Ranches to compare to.

Would I get more for the home marketing it to a potential homeowner or does the fact that i already have it rented make it more profitable to market to other property investors?

Should I take into consideration pricing the house based on the cash flow it would offer another investor?

What financially do you look for in rentals to make the property considerable to purchase?

I greatly appreciate any advice and input people have to give.

Landon

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