Archive for Rent Price

5 Tips For Setting Your Rent Price

One of the first questions I had when deciding to rent out my property was, how much rent can I ask for?

The answer to this question was going to determine if I would become a landlord or not.

I made a video for you to tell you how I went about setting the rent price for my first rental.

 (Let me know what you think about the glasses!)

 

In this video I talk about the 5 things that I used to set my very first Rental Price including:

1) Your Gut

2) Friends in the Industry

3) Comparables

4) Test Ads

5) What you need to be Cash Flow Positive

Let me know what you think in the comments below!

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Posted in: Cash Flow, Real Estate Market, Rent Price

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