All Topics / The Treasure Chest / Likely Rents

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  • Profile photo of Native_MetaLNative_MetaL
    Member
    @native_metal
    Join Date: 2003
    Post Count: 47
    September 4, 2003 - 12:37 pm

    Hi Im trying to get an idea on how other people find out the Likely rent a potential IP will Generate a week

    Whats the best way to get this info as steve’s 11 second rule relies on rent Numbers to Search out for positive IP’s

    Thank you

    Profile photo of jzjz
    Member
    @jz
    Join Date: 2003
    Post Count: 7
    September 4, 2003 - 1:05 pm

    Hello Native_Metal,

    To my experience, rent is realy market driven, not of how much you think but how much people willling to / afford to pay.

    The best way i think is to check the local newspaper real estate rental section. or local real estate agents.

    Jason[:)]

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    September 4, 2003 - 1:36 pm

    The best way to find out what a property will rent for is to ring up some agents and pretend you want to rent a similar property and see what the going rates are. If you ask the agent while you are looking at the property to buy, she/he is likely to exaggerate a little.

    Terryw
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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