Setting the right rental price is crucial, to making sure you get the right types of tenants who will look after your property and make sure, that your investment meets expenses and earns you money.
You must approach this objectively and don’t ignore what the
market suggests you should offer.
Have a look online at commensurate properties in your area,
for example, properties with a similar number of bedrooms, bathrooms and car
spaces.
Narrow down your list to 5 comparable properties and obtain
an RP Data value report.
This report is full of up-to-date data that gives you an
estimated price based on key statistics and properties that were recently let
in your area.
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Marlene Liontis
Sunday, 23 June 2019