Comping Rent

[Max James]

One huge aspect of analyzing a deal is to make sure you know what market rents are for the area, if not street, you are buying the building in.

How do you go about comping your rents and using them for input in your deal analysis?

[Mike Fiorese]

rentometer.com will give you a ballpark for the area.  I would use multiple sources; realtors, craigslist, prop mgmt.