Hey Dan, shoot me a DM, I'd be happy to jump on a call and shed some light on the rent data. 

What do you suggest I do for renting it now?

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

A steep drop in rent just attracts scammers imo.

Proactive updates can prevent misunderstandings and build trust.By balancing the needs of these three stakeholders,  a harmonious ecosystem can be created where all parties feel valued and invested in the success of the property.In summary:Property management isn’t just about collecting rent or fixing issues—it’s about creating value for everyone involved. 

.: I'm renting properties right now.

I wanted to share some key insights from Rentometer’s analysis of over 5 million rental searches in 2024. The findings are particularly interesting for those focused on the Columbus, Ohio market, which topped the list...

Just as a followup, rent reporting has been one of the fastest adopted tenant products at Baselane.

Since the tenant has been there a long time your market rent will be less than market rent for a newly renovated place which should be a consideration of the tenants.

I work out of my basement and have been trying to find a location near me that rents out individual offices.