Centering on Rent Price!
Hello BP-ers!
Hope everyone is having a good Thanksgiving week so far! One issue I am having as I begin to analyze properties is centering in on a rental unit price for anaylsis purposes (one that makes sense - fair market rent) Furthermore, the hard part for me is looking at a unit with just information on # of beds and # of bathrooms and a couple pictures and saying "this should rent for $###" I can easily go on craigslist and see what close areas are asking and use this as an estimate but I feel this is too loose to base my analysis on.... someone please help!!
Thanks,
Chris Zeh