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Updated over 6 years ago on . Most recent reply

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Derek Harbertson
  • Kaysville, UT
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New and needing assistance!!

Derek Harbertson
  • Kaysville, UT
Posted

Hi BP fam!  I'm new to this whole investing thing (really excited though) and was looking for some help.  When analyzing a deal, where would I go to find accurate comparable rental rates?  Any help is greatly appreciated!

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David Acosta
  • Wilmington, NC
144
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David Acosta
  • Wilmington, NC
Replied

Hi @Lynnette E. -- I typically have the property under contract, and thus approach the conversation from a position where there is a strong possibility of a working relationship.  If you're a serious buyer and have a solid broker/agent relationship, but don't have the property under contract just yet, it can help to have the agent/broker refer you to a PM company.  This helps to establish some credibility to the PM and gets them comfortable with you as a buyer who will be looking to bring on management in the near future. 

Hope this helps!

  • David Acosta
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