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
4) Test Ads
5) What you need to be Cash Flow Positive
Let me know what you think in the comments below!