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Updated almost 6 years ago on . Most recent reply

Trouble Comparing Rent
I am a new investor ready to put in a cash offer on a property in new jersey with the intent to BRRRR. Short sell opportunity that looks promising from a purchase price/rehab cost/ ARV perspective. Where I am running into issues is comping rent in the area. I am having a terribly hard time finding hardly anything for rent in the immediate area. Is this a good problem? (Low supply) or red flag ( low supply because no demand)
I checked
Craigslist
FB Marketplace
Zillow
Trulia
Rent.com
Are there any other places I should be checking. My Realtor seems to be having trouble finding comparable rents as well.
Any advice?
Most Popular Reply

Hello @Phil Spadaro
Is your agent checking the local MLS?
If not have him/her check the MLS. If you would like I can run a comp analysis for you.