OfflineCan someone provide me some web sites where I can find how to set rental prices for property I have secured?
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Rental Pricing!!!
Posted on: Thu, 02/19/2009 - 06:26
Can someone provide me some web sites where I can find how to set rental prices for property I have secured?
I think I found the answer to my question ... under Student Resources... Thanks
Here is a site that was sent to me by another DG student.
Hope it helps.
http://www.rentometer.com/
Thanks.
-BC-
Rentometer is great however if I can add to it.
My favorite way is to take time and call rent signs. Talk to owners. Not only can they tell you what they are renting for but also some history on pricing as well.
It can take some time but it is worth it and you will really know your area.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
In addition to calling on for rent signs to gain market data you can also call a handful of property management companies and or Real estate agents in the area who work with investment properties. You can build your power team and also use these professionals and their market knowledge to increase your understanding about current market conditions including but not limited to rent rates and rental demand.