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Updated over 1 year ago on . Most recent reply
Rent by the Room Pricing Strategy..?
Hi friends! Considering a rent-by-the-room approach for a property we may purchase. For those who have experience with it, how did you price your room? I looked on rentometer, apartments.com, furnished finder and facebook marketplace. I only found comps on Furnished Finder, but would like a few more data sources to validate my findings. Thoughts? Thanks!
Most Popular Reply
Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Lender
Pro Member
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- Fort Worth, TX
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
Lender
Pro Member
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Lender
- Fort Worth, TX
@Brittany Guimond when I house hacked and rented out the rooms I just based it on the mortgage payment. It's probably a little better practice to use SOME type of research...but that's what I did.