The competition in the immediate area should provide good data on what the market rent should be, but suspect as well that one needs to compare apples to apples and include the effects of amenities.

A lot of this may depend on your liquid position, ability to access data for the markets you're seeking to invest in, and the type of support you can have in any particular market.I can tell you TX is old faithful and you can get into deals with less out of pocket, but there is high competition and your margins may be lower than say GA.

@Supreet Singh Sachdeva I am assuming that the data is retrospective.

Also NEVER use the PROFORMA to calculate your numbers, use actual verified data so you don't get ripped off!

There are several others houses in Hico like it, but none that I could find recent sales data for.

Hey all - it looks like we may have possibly lost some data that was posted to the site over the past 2 days.

If your reasoning is sound and your data good the appraiser should come to the same conclusion you did.

I guess over 20 years it's nearly impossible to not see an uptick in value.

Our area(s) have seen on average a 13% increase in value over the last year.

Does anyone know where I can find the following:

Average monthly or quarterly rents, by state, going back as far as possible (hopefully 1978).

I have found so far the following:

http://www.huduser...