Help with reliably determining rental rates
2 Replies
Will G.
Rental Property Investor from Maryville, Tn
posted over 3 years ago
Hi pocketers,
How can i determine the market rent on a given single family or apartment in a new area?
Familiar with rentometer(apartment focused) and zillow rent estimates, but what would be the most reliable data for deal analysis?
Dorothy Butala
Rental Property Investor from Erie, PA
replied over 3 years ago
Check out the answer I gave here: https://www.biggerpockets.com/forums/52/topics/495936-how-to-estimate-market-value-for-rental-units It may help you out...
Ray Johnson
from Irvine, CA
replied over 3 years ago
@Will G. I use the MLS for the most reliable numbers on rental comps, I've looked at Rentometer, Trulia, etc.. because they aren't as accurate as the MLS I use it as my target.