What Is Your Highest Rent On A Single Unit?

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What Is Your Highest Rent On A Single Unit?

Russell BrazilBusiness Member

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Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes

I am just curious what everyones highest rent on a single unit is. (Not on an entire apartment building)

My highest rent is $2,800.

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Michaela G.

Investor · Atlanta, GA · Member since 2013 · 3k+ posts · 3k+ votes

$ 995 in 'the hood' in Atlanta.

Actually, it's a duplex and each side gets $ 995 - bought for 15K a year ago

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Lauri Hines
Investor · Cottage Grove, OR · Member since 2016 · 6 posts · 4 votes
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5000 to 7000 on the high-end SFR's in San Diego, but that is San Diego. I have turned to vacation rentals to complement my long-term rental portfolio. Depending on the area, you can get excellent returns.
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Alok Jain
Investor · San Francisco, CA · Member since 2016 · 30 posts · 9 votes
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12000/ month. Single family home in SAN francisco.
1 Reply
James Wise
Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
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$4,177
1 Reply
Christopher Smith
Investor · brentwood, CA · Member since 2016 · 1k+ posts · 730 votes
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Mine is $2,800 too. Might be able to stretch that to get $3,000, but the current tenant is a total dream (always pays on the 1st, takes care of the lawn like they own it, rarely complains), and has been in it for a few years so I let it out at slighty below market.
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Christopher Smith
Investor · brentwood, CA · Member since 2016 · 1k+ posts · 730 votes
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Originally posted by @Alok Jain:

12000/ month. Single family home in SAN francisco.
is that under rent control?
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Alok Jain
Investor · San Francisco, CA · Member since 2016 · 30 posts · 9 votes
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No. in sf single family homes don't fall under rent control.
0 Reply
Kyle Hipp
Investor · Appleton, WI · Member since 2012 · 1k+ posts · 464 votes
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out of my 24 units that I manage and own, my highest rent is $900 on a single family house... not the lowest on the list but close. Solid cash flow on the whole portfolio though in Wisconsin.
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David Zhu
Investor · Fremont, CA · Member since 2016 · 8 posts · 3 votes
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1450 sq ft in Fremont, CA $3200
0 Reply
Bryan L.Pro Member
Rental Property Investor · Brewer, ME · Member since 2016 · 45 posts · 20 votes
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$1400 2BR 1BA 980 sqf SFR - Brewer, ME (newly renovated).
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Alma Mills
Real Estate Investor · Los Angeles, CA · Member since 2013 · 98 posts · 48 votes
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$5990 for 5 bed 3 bath home we put $230,000 into on a huge remodel. In Los Angeles 2 blocks from culver city 3 miles from beverly hills
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Jordan MoorheadBusiness Member
Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
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Michaela G. What were your rehab costs on that?
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Michaela G.
Investor · Atlanta, GA · Member since 2013 · 3k+ posts · 3k+ votes
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Originally posted by @Jordan Moorhead:

Michaela G. What were your rehab costs on that?
About 45k
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Gerardo Dominguez
Real Estate Agent · Chicago, IL · Member since 2015 · 238 posts · 101 votes
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@Russell Brazil I have a 5 BR in the Southside of Chicago that rents for $1550. Section 8 tenant.
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Adam M.
Rental Property Investor · Fort Collins, CO · Member since 2008 · 168 posts · 105 votes
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$1900 3/2 in Fort Collins, CO.
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Tavaris Little
Greenville, SC · Member since 2016 · 105 posts · 16 votes
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Michaela G. How did you find that deal?
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Andy WebbPro Member
Rental Property Investor · Carrollton, TX · Member since 2013 · 750 posts · 538 votes
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$1575 for a 1700 sq ft house in Hurst.
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Robert Nason
Lowell, MA · Member since 2014 · 260 posts · 99 votes
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$2300 approx 1400 sq ft commercial space
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William S.
Rental Property Investor · Overland Park, KS · Member since 2015 · 492 posts · 234 votes
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$975/m KCMO, 3 bed 2 bath with rec space and 1 garage. I'd never buy any rental lower than around $1,000/m (the higher, the better).
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Cliff Harrison
Rental Property Investor · Shawnee Mission, KS · Member since 2014 · 205 posts · 136 votes
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$1300 3/2.5/2 + sunroom deck 1400 sq feet KC,MO
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David Hines
Property Manager · Allen, TX · Member since 2015 · 190 posts · 160 votes
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$1600 for 3/2/2 1900 sq ft in Katy, Tx
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Marques J.Pro Member
Rental Property Investor · Medford, OR · Member since 2016 · 70 posts · 27 votes
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$2000 for a 4/2.5/2 unit conversion in Ohio
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Account Closed
Real Estate Investor · Rancho Santa Fe , CA · Member since 2016 · 323 posts · 107 votes
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Well, for me is tricky since I have Single Family Homes that are RCFEs but Single Family home month to month regular rent is $7,500 here in Del Mar,CA some members of my family all but this property together. @Russell Brazil
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Anant Lal
Investor · Sugar Land, TX · Member since 2014 · 20 posts · 7 votes
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$3000 for my 3/3.5 townhouse in Houston, Texas
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John Hickey
Rental Property Investor · Chappaqua, NY · Member since 2015 · 1k+ posts · 947 votes
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@Russell Brazil full disclosure 2 of apartment rents I listed are rented to a corporation that specializes in short term rentals. They furnish my apartments and short term (30 days to 12 months)lease at 4200 a month or more.
I keep asking myself why don't I do that!
1 Reply
Michaela G.
Investor · Atlanta, GA · Member since 2013 · 3k+ posts · 3k+ votes
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Originally posted by @Tavaris Little:

Michaela G. How did you find that deal?
Was on MLS for 30K. I offered 10K with 10K earnest money. They countered 20K and offered to do owner's financing with 10K down. I then countered with 3 simultaneous offers and they took the 15K cash with 15K earnest money one.
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