What's your strategy for pricing a rental?
I wrote this blog post since a client was giving me difficulty with pricing. I'd love to get some feedback on it and hear other's thoughts/experiences. What's been your strategy?
When facing pricing difficulties, I focus on thorough market research, clear communication about market factors, and emphasizing my value as an experienced professional. Active listening and finding a collaborative pricing strategy are key. Looking forward to hearing others' strategies and experiences.
Great blog post!
@Leor Alon I look online and see what similarly priced rentals are renting for. And I ask property management!
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Eliott Elias
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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- Investor
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Pricing it according to what other rentals have rented for in the area. There is nothing more to it.