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Updated over 2 years ago on . Most recent reply

User Stats

14
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5
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Jorge Herrera
  • Investor
  • Thousand Oaks, CA
5
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14
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Most Popular Reply

User Stats

285
Posts
245
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Marshall Leipprandt
  • Real Estate Agent
  • Miramar Beach, FL
245
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285
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Marshall Leipprandt
  • Real Estate Agent
  • Miramar Beach, FL
Replied

@Jorge Herrera I haven't used Rentometer but I've used Mashvisor and PriceLabs which are very similar. In my experience, I actually did not find the information from those platforms super accurate for what my strategy was. I think it can be a good first landing spot to gauge an area, but certainly nothing to trust blindly. 

I would recommend starting on one of those platforms to get some general data and then after narrowing down your strategy, do some competitor research like looking at what other comparable properties near you are renting for. Definitely want to be as thorough as possible in your research if you are possibly basing a purchase decision with the data that you uncover.

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