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Blake Ashland
  • Evanston, IL
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Newbie - Fair Market Rents

Blake Ashland
  • Evanston, IL
Posted

We are looking at purchasing a few SFR as rentals. Wanted to see what if any advice people have for determining fair market rent. We are checking out as many recently listed rentals as possible but the particular area we are targeting has very few homes available for rental. Do you find zillow accurate - any idea how they arrive at fair market rent via their algorithm. Is there a way to find historical listings online? Any other advice in speeding up our education process?

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Joshua D.
#2 Questions About BiggerPockets & Official Site Announcements Contributor
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Joshua D.
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
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Replied

Here's the link that Steve Babiak was referring to:

The Ultimate Guide to Fair Market Rents

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