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Updated almost 9 years ago on . Most recent reply

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David Uitti
  • Professional
  • Duxbury, MA
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How do you assess particular rental market?

David Uitti
  • Professional
  • Duxbury, MA
Posted
This may seem like a super basic question.... I've got my "team" together and my financing and finances are all set... But... How have folks had success assessing a particular town's rental market to truly understand (1) supply and demand, and (2) what different types of properties actually rent for? Is there a easy way to do this other than calling landlords and pretending to be a renter and looking at properties? I am looking to acquire rental properties in south shore Boston, Massachusetts area. Thanks very much. Dave

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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
19,681
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

Rentometer.com.  Ignore the Gauge, just like you should ignore the Zestimate in Zillow.  Look at the candlesticks on the map.  Find the property you are analyzing for a rental, and access the rent to use based on the common properties surrounding the subject property.

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