Tips for analyzing the rental value of a property

Research on rental prices for similar properties

Make a list of properties that best match your property and find out the rental charges and occupancy rate.

Consult property management services.

When hiring a property management company, ensure they can determine your property's maximum rental value. 

Working with local agents

Being an agent they get to meet many tenants and can analyze how much the tenant can pay for a property.

Calculate the rental price per square foot 

To calculate the rental price per sq ft, divide the rental price by the total area in sft.

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