Buy for what it's worth, or what it CAN be worth.

[Matt Maluchnik]

I keep running into situations where RentOMeter and RentJungle are giving me averages of what rents SHOULD BE.  And the current landlord's have rents lower then what I'm seeing.  In many of these cases the landlord's admit..."I kept the rent low so I didn't have to worry about people leaving".

Now they are selling their properties and I'm having to value it at what the CURRENT cash flow is, not what I THINK it should or could be. (unless it's vacant, then I am forced to do that).

Is this what most others are doing?