Get the Estimated Market Rent for Your Rental.
Determining the target market rent of your investment rental property is crucial in the current rental market to fill vacancies quickly and efficiently. Vacancy is the investment property owners arch enemy and primary source of lost income. Price your investment rental too high and you'll scare away qualified tenants and lose income through high vacancy rates. Price your investment rental too low and while many tenants apply and the vacancy will be filled quickly the investment property owner will lose income through the difference in the low rent and the true market rent value.