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Updated almost 8 years ago on . Most recent reply

Shaun R.'s profile image
Shaun R.'s profile image
Shaun R.
  • Real Estate Agent
  • from Denham Springs, LA
  • Member since Mar 30, 2017
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226
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Shaun R.'s profile image
Shaun R.'s profile image
Shaun R.
  • Real Estate Agent
  • from Denham Springs, LA
  • Member since Mar 30, 2017
Connect
Shaun R.
  • Real Estate Agent
  • Denham Springs, LA
159
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226
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General Landlording & Rental Properties

Rent recommendation from an appriasal

Shaun R.
  • Real Estate Agent
  • Denham Springs, LA
Posted

I just got the appraisal report on the first rental property I'm buying and there is a recommendation for the rent that the house should get.  They showed three rental comps and based on those they recommend that I rent for $1500.  I was planning on listing it at $1400, but now I'm wondering if they know something I don't.  How much faith can you put into the appraiser's recommendation for rent?

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