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.

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.

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

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 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


The best way for any property manager or landlord to find average rents would be to get an app with built-in rent estimator tools.

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.

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.

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.

How 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...

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...

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...

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.