So you just purchased a Portland Oregon Rental Property and are wondering how much you should rent your property for.
In this article we will offer you simple tips you can use to rent your property for the right price.
Start With a Comparable Analysis
Thanks to the Internet you have a variety of resources you can use to come up with the right rent for your rental property in Portland Oregon.
Just go to Google.com to type in the address of your rental property or use a website like Zillow to do a comparable analysis of homes which may be renting nearby to determine what should be the monthly rent for your Portland Oregon Rental Property.
A word of caution though, before using comparable data on websites like Trulia or Zillow, make sure that you verify the date that the data was posted because, some websites only update their rental listings and data every 30 to 90 days, instead of in real time.
Visit Rentals in the Neighborhood
Another great way to figure out what you should rent your Portland Oregon Rental Property for is to visit other homes and properties for rent which may be nearby.
During a tour of comparable rental properties you should also be looking for properties which have more or less amenities than your property because, you should also use this information when factoring the rental rate for your property as well.
Rent Your Portland Oregon Rental Property
We specialize in property management and will save you the time, money and hassle of renting your Portland Oregon Rental Property yourself.
Contact Property Management Systems today to see how easy it is to own rental property in Portland Oregon.