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Updated almost 7 years ago on . Most recent reply

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29
Posts
4
Votes
Ram Hernandez
  • Flipper/Rehabber
  • Garland, TX
4
Votes |
29
Posts

Need a website to calculate a monthly rent

Ram Hernandez
  • Flipper/Rehabber
  • Garland, TX
Posted

Does anyone know a good website to check monthly rent average for single families? 

I'm trying to establish my own system to check potential properties either for rent or flip. I had heard on BP shows that you should do your own homework not just go by what the realtor said. 

Thank you, 

Most Popular Reply

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3,190
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3,307
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Corby Goade
#2 Private Lending & Conventional Mortgage Advice Contributor
  • Investor
  • Boise, ID
3,307
Votes |
3,190
Posts
Corby Goade
#2 Private Lending & Conventional Mortgage Advice Contributor
  • Investor
  • Boise, ID
Replied

You can use the sites above, but they're not always totally accurate. My suggestion would be to learn your local market so well that when you see a property, you already know what it will rent for, the ARV, etc. Exception to this being if you are investing out of state, of course. In that case, I'd partner with a local agent or PM that has that same knowledge. Sites like Rentometer and Zilliow might be a good starting point, but their metrics do not account for property condition or the subtleties that exist in certain neighborhoods. Good luck!

  • Corby Goade

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