Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

3
Posts
3
Votes
Norman Hiner
  • New to Real Estate
  • Hanover Park Illinois
3
Votes |
3
Posts

If your willing to teach I’m willing to learn!!

Norman Hiner
  • New to Real Estate
  • Hanover Park Illinois
Posted

I am looking for a mentorship relationship. I’m looking for an investment property in the Chicago suburbs area. More specifically I am looking to figure out much to charge for rent on my properties. I understand it varies on location and size. I need to learn how to set the monthly rental price. Based on my location. Can any one help me out? Please and thank you!

Most Popular Reply

User Stats

6,029
Posts
5,076
Votes
John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
5,076
Votes |
6,029
Posts
John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Norman Hiner why not reach out to your real estate agent and have them pull some comps? We do this for clients all the time, and it is part of what we do in the business. Hanover Park should have plenty of rental comps. I also would jump on Hotpads and look at active listings. That isn't 100% accurate as there are always people way high or way low, but you can see how your listing would compare dollar wise to listings within a mile as well. 

  • John Warren
  • Loading replies...