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Updated almost 11 years ago on . Most recent reply

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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,426
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Saint Peters, Mo rent questions/ possible rent to own.

Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Posted

I have a property that I am looking at. It's a 1700 sqft 3/1.5. I am trying to determine what I could expect it to rent for when renovated. The listing agent is saying 15-1700.00 but that seems a little high. We may possibly do a "rent to own" and I'm curious what we should charge rent wise in that instance. I know you generally require a decent down payment and they pay higher rent. I've used Zillow and CL but am not really getting a good grasp. Any tips? 

Most Popular Reply

User Stats

3,406
Posts
2,426
Votes
Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,426
Votes |
3,406
Posts
Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Replied

@Travis Boyer I know in most areas it's pretty hard to get to the 2% rule but that is a good starting point. 

@Mehran K.  I appreciate you recommending the websites. We have used cl/zillow to get a general feel. I'll check those out today. 

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