How to determine market rent? - Posted by David

Posted by David Krulac on May 16, 2001 at 08:02:49:

there are several easy ways. call the ads in the paper for similar properties, even go look at some. see what apartments and professionally managed properties are renting for by contacting a rental management company. Call your local HUD office for their fair market rent, or scan lower on this page for link to fair market rent (FMR). And lastly put a trial ad in the newspaper yourself and see what kind of response you get, that’s a Lonnie idea, credit where credit is due.

How to determine market rent? - Posted by David

Posted by David on May 16, 2001 at 01:35:16:

I was curious if anyone has a tried and true method for best determining market rent on a property they are considering to buy? Thanks in advance for any response.