Spokane and Rentometer accuracy
Hey local Spokane investors!
As a new investor one of the hardest things I've found is when "running numbers" in the BP calculators the input for monthly rent is a major "guess" for me. There have been a lot of other challenges too but most I can verify with hard metrics, somewhat scientifically. It makes me a little anxious when an important input is a MAJOR guess.
I just joined Rentometer as a pro member and its got some decent features but I have to admit, I don't know what they're doing behind the curtain and wonder aloud here how well they do here in Spokane. I assume that the math they use is location agnostic but I am wondering:
a) anyone here use rentometer and found it accurate?
b) anyone feel an experience human like a savvy realtor or property manager has better estimation skills.
I have just started reaching out to Property Managers by the way... I do intend to use one if financially feasible.
Thank you.