Great New Tool for Rental Comps
At some point, every landlord has to set the rent, and finding rental comparables or comps can be so difficult. Usually it involves looking through the classified section of a newspaper or searching CraigsList to see what other landlords are charging for their properties.
RentoMeter.com is the first website I’ve seen that provides this type of information in a one-stop shop. It’s a great little service, but I suspect that it has the same problem as other methods, which is that you can’t see what houses are actually rented for; you can only see the advertised rent.
HT to biggerpockets.