Setting Rent Prices

Get a better understanding of setting the correct rent with some of these helpful tips!

How to Set the Right Price for Your Apartment Complex


When it’s time to set the price for your rental property, you may be tempted to just set the price at your mortgage — or even half the amount — to determine a “fair price” for your property.

3 Easy Ways To Increase Your Rental's Value


Here are 3 ways to increase your rental's value. When you're first using rent evaluation tools the rental amount may surprise you.

13 Questions to Consider When Setting Your Rent


When you own or manage a rental property, your success hinges on renting out the property rented at a rate that earns you a profit.

Pricing Your Rental Effectively


Pricing your rental effectively and assessing how much to charge for your property is a delicate process. Renters want the price and rental.

When Your Tenants Want to Negotiate Rent Prices


Every landlord goes through negotiating at some point. These 6 tips will help you negotiate rent prices before lease signing or renewal.

6 Key Characteristics That Make Up a High Rent Neighborhood


Real estate is a fascinating asset class for investment. It’s the only asset class that you can get so locationally specific that you can invest not only by city but by neighborhood or even by...

Predicting Profits From Your Investment Property


Every investment is a risk; there's never a guarantee of profit. Profits from your investment property are one of the more difficult to predict.

Analyze Properties Like a Pro – Do Your Research Right!


Let’s assume you’ve found a rental property you’re considering purchasing. Wait on the offer, discover how to analyze properties like a pro.

Do You Know How to Set the Right Price for Your Rental?


Becoming a landlord involves a whole series of decisions to be made, such as: What area to invest in property and what kind of loan to take, among others. One decision many landlords don’t take...

Paths to Higher Rents for Your Property


When you run the numbers for a prospective rental property you may identify one or more opportunities to improve the property for higher rents

Set Rents Confidently: 5 Things You Must Know


Whether you own, manage or are investing in one rental property or hundreds of rental units across the country, you need to be able to set fair market rents confidently.

When Is The Best Time to Raise Rents?


Neither tenants nor landlords look forward to when the time comes around for a rent increase. But with the cost of living increasing year by year, landlords can choose to cover their higher costs....

How to Price Your Rental in a Small, Secondary Market


The market classification for your rental property is important as you set rental rate. In a primary market and secondary market rates vary.

How to Choose the Proper Rent Price For Your Rental Property


In the real estate rental business, learning to choose the proper rent price for your property can mean success or failure. These 6 tips help.

How To Calculate The Amount You Can Make In Rent Each Month


Any investment property owner will tell you there's more to the game than sitting back and collecting the rent! Handling the responsibilities of property management can take a toll. That's why it's...

Setting Rent Prices on Types of Rental Properties


Setting prices on rental properties can be tricky, but don’t panic. Although you do have to set a price, rent prices are not permanent. As a landlord, you can always adjust the rent through a fair...

How To Find Average Rents The Easy Way


Since 33% of renters will move this year, knowing how to find average rents as a property manager or landlord will help ensure you are prepared for your next round of vacancies.

Rentometer: Your Rent Setting Pricing Guide


You already have a good understanding of local market conditions and property. Data from Rentometer PRO help improve the rent-setting process.

3 Ways Property Listings Can Help You Craft a Better Rental Ad


If you're looking to rent out a property in an area that's already saturated with rentals, you know that you have to do everything in your power to make your property seem as attractive as possible.

The Importance Of Neighborhood In Rental Properties


Every real estate investor looking to buy a property knows that location is one of the most important factors to consider before settling buying a home personally.

The Price Is Right (Or Is It?): Setting Rental Property Prices


Every real estate investor or landlord is ultimately looking to gain the most potential value from their property. However, that doesn't mean you should go ahead and set your rental prices too...

Using Rent Comparison Data to Make Better Rental Decisions


Setting a good rent price for your property can sometimes feel like a shot in the dark. Here are some rent comparison tips for reasonable rent.

7 Ways To Make Sure Your Property Is Renting At Fair Market Rent


Whether you own or manage one rental property or hundreds of rentals across the country, you need to be able to set fair market rents confidently.

Do You Know How to Create a Rent Estimate?


You need a rent estimate to know how much to charge for rent and how not to undersell your property. There are many different tools available and methods you can use to create an address rent...

Preparing to Purchase Investment Properties and Setting Rents in 2020


If you’re keen to invest in a rental property, but not sure where to start, we have some pointers on preparing to buy an investment property once you find one, and how to set your rent prices for...

How to Set Rental Property Prices


Setting a rental property price is a difficult task for many landlords. You don’t want to price your rental property so low that you don’t make a profit, but you also don’t want to price it so high...

Don't Underestimate Your Rentals Potential


One of the biggest mistakes new landlords make is underestimating the rental potential of their property. Often new landlords are so eager to get tenants in their property, that they undervalue...

What Landlords Should Know about Rent Prices


Many people in the U.S. are interested in becoming landlords. A Better Homes and Gardens Real Estate survey recently found that 89% of American investors are drawn to the prospect of investing in...

Are You Charging Your Renters the Right Price?


The fact is that property reports can only deliver so much information. A rental meter that is part of a rental listing app can provide much more focused data to help you set your rental price...

Why You Might Need To Raise Your Rent And How You Can Check


As landlords, we often fall into the trap of getting a bit too comfortable. It could be something as simple as skipping a property inspection or not following up with a tenant as quickly as we...

5 Ways to Use a Market Rate Rent Calculator


Going into the rental market can be scary, but the payoff could be worth it. After all, in 2016, 27 percent of Americans rented their home. Fully 96 percent of people who have invested in real...

Best Practices for Analyzing Market Rents in the Area


Whether you're looking to rent your property, it's a good idea to analyze the rents in the area. Understanding what the market is like before getting too excited over a price will save you a lot of...

The Best Tool for Accurate Information About Local Rent Rates


When you purchase a rental property, setting accurate rents is the most crucial step to keeping your rental operation running at a profit. As a landlord, you don’t want to outprice your local market.

How Can I Find the Rent Rate in a Specific Market and Estimate Cash Flow?


Investing in unknown markets on your own carries more risk than investing in your immediate backyard.

Keeping Your Rental Prices On Par With The Competition


When setting up your rental properties, one of the first things you'll have to consider is how much to charge future renters. It might be tempting to push your rents as high as possible.