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Dalton Kent
  • Investor
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basing rent off income

Dalton Kent
  • Investor
Posted Jan 12 2023, 17:38

Hey everyone, coming from a small rural town the average income for renters in my area is very low. When purchasing a rental property do any of you base your budget and rent price off of the area's average income or just make a set price? Is there a strategic plan to coming up with a rent price other than rent- payment = profit 

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