First rental property

1 Reply

I'm looking to invest in my first multi-tenant rental property in NC and was wondering how to calculate a good deal and what's some popular websites for charging rent based on your comps?

All of this is very nerve wrecking and exciting at the same time. Any help would be appreciated.

Thanks


@James Price BP has an analysis calculator you can use in the tools section. It's very resourceful and I believe you have access to 5 analysis a day or so as a non-pro member. As for popular websites for looking up rent, rentometer.com ,zillow's zestimate. 

I have found out a better way to determine rent , is shop rental property in the area, enter the criteria spec of your property , this should give you a ball park range.