Chris Bend Posted February 16, 2021 Share Posted February 16, 2021 How’s everyone finding realistic rent rates? Quote Link to comment Share on other sites More sharing options...
SLopez Posted February 16, 2021 Share Posted February 16, 2021 Trial and error, see what others are advertising for and how long they are advertised, and being a member of this group. RPM has posted some stats before, might search "posts". Quote Link to comment Share on other sites More sharing options...
LynnSmith Posted February 16, 2021 Share Posted February 16, 2021 Demand drives it to some extent as well. I rented a couple units this last fall that I could have rented for much more than I normally ask come to find out. Location I’m finding to be incredibly valuable to tenants. Everyone I talked to said there are beautiful rentals down KGB and outskirts otherwise but, they’re down KGB and the outskirts. Also complained that there are almost, “projects” like fourplexes being built everywhere which is a turn off to most it seems. I had an insane number of people applying to rent my units. I’d say five times more than normal. Quote Link to comment Share on other sites More sharing options...
KarlaH Posted February 16, 2021 Share Posted February 16, 2021 You can usually tell within the first 12 hours of putting it up lol. I started higher and come down every week until my inbox starts getting filled up with applications. Quote Link to comment Share on other sites More sharing options...
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