Updated almost 16 years ago on . Most recent reply
Estimating Rents
Besides using something like Rent-O-Meter (which I don't really trust) and Craigslist postings, how do the folks around here figure out accurate monthly rental rates for new investing areas?
Thanks in advance.....
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Jon Holdman
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#3 Real Estate Deal Analysis & Advice Contributor
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
#3 Real Estate Deal Analysis & Advice Contributor
- Rental Property Investor
- Mercer Island, WA
Drive the area and look for for rent signs. Call the number and have a chat. Between that and craigslist postings, you should be able to come up with a number.