How To Determine How Much To Charge For Rent

"How much do you charge for rent?" Such a simple question, yet the answer influences so much! Give too high of an answer and the potential tenant might think it's too expensive and look somewhere else before hearing more about the property. Go too low and you'll lose out on money for repairs, and paying yourself, which could result in a less-than-desirable rental in a few years. Of course, charging at the low end of the market means resident turnover will be low and you'll have ti...
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