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Need some thoughts on rental prices
Hi fellow Boise buy-and-hold investors! I have two SFHs coming up for rent this year but we've been renting them to the same families for several years so I believe the rent may be below market. I'd love to get your thoughts on what you think we could reasonably ask for them.
(A) One is a 3 bed, 1.5 bath, 1150 sq. ft. off of Northview and Milwaukee. It backs up to the huge Fairmont Park and public swimming pool, so it's a great family house. It is a pretty typical SFH rental in Boise but does have newly refinished wood floors throughout and new interior paint as of a couple of years ago.
(B) The other is a 3 bed, 1 bath, 1000 sq. ft off of Cole and Ustick. It will in all likelihood have new carpet throughout before it is listed for rent.
Greatly appreciate any thoughts.