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Updated over 6 years ago on . Most recent reply

New and needing assistance!!
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!
Most Popular Reply

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!