Regarding rentometer, rent.com, and the various MLS hosting sites that you can search for "rent". Who has the most accurate rent rates to do research with? Any site that does past rents ie. current ongoing lease prices?
MLS will be most reliable, as it is a verified transaction, I don't know where the others pull their data from so I can't speak to their accuracy.
@Joseph McCrillis there is no website that can accurately determine the rents in your market. As an investor, you must be an expert if you expect to succeed. Public perception that locals have of certain areas of town have more to do with how much a property will rent for than almost any other factor. The internet cannot capture perception. Get out and farm the neighborhoods and talk to people. Talk to local property managers and learn your craft.
@Anthony Dooley I hear ya loud and clear, but I've recently come across a couple of hurdles while searching in markets outside of my own. For instance I was looking at a duplex and since I would need a PM anyways, I started calling the local ones and vetting them. One question was how much each unit would rent for. The answers I got were inconsistent and not close enough to feel comfortable just picking a number in the middle. In this instance it would be nice to see what people are actually paying in the area. I know there are solutions to the above scenario, but I thought it would be nice if I found some hidden gem of a website that scraped that data somehow.
I see your from Columbus Ga...an off market property came across my desk a few months ago. How's that market? Do you invest there?