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Updated about 1 year ago on . Most recent reply

User Stats

14
Posts
7
Votes
Sylvia Krivickova
Pro Member
  • Investor
  • Austin, TX
7
Votes |
14
Posts

Most Accurate Rent Estimator

Sylvia Krivickova
Pro Member
  • Investor
  • Austin, TX
Posted

Between BiggerPockets estimator and Propstream, which rent estimator do you find most accurate? Or are they pulling from the same data source? (I saw a 2 year old post on this but wondering what' the most accurate today)

  • Sylvia Krivickova
  • Most Popular Reply

    User Stats

    1,644
    Posts
    831
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    Mohammed Rahman
    • Real Estate Broker
    • New York, NY
    831
    Votes |
    1,644
    Posts
    Mohammed Rahman
    • Real Estate Broker
    • New York, NY
    Replied

    Hey @Sylvia Krivickova - if you're investing in one off properties I recommend pulling from multiple sources as most data aggregators don't take into account much the actual condition/presentation of the comparables when accounting for rental averages. 

    A simple zillow search of rental comps near your target property will show what other similar sized units are going for as well as how much more/less is being charged for newer units or units that have more/less amenities (washer dryer, storage, etc.) 

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