How To Establish A Rent Price

01/15/20 • 13 min

Establishing a rent price is not a complicated process, but it's a process nonetheless. We all have a feel of what a property should rent for, but it is important to do an accurate evaluation of the market to make sure your rent price is at a point that will lead the the result you want, which is get the property rented as fast as you can to the most qualified tenant possible. In this episode Tyson shares his step by step process with a few tips to make sure you are as dialed in as possible.

Previous Episode

How To Set and Fuel Your Real Estate Goals

Being that we are at the beginning of 2020, goals seem to be an obvious point of topic. Real estate goals are important. We need to know where we are going, and more importantly, how we are going to get there. In my experience far too many times investors don't enjoy owing rental, and never realize their goals. In this episode Tyson gives his method of setting big goals, but not letting fulfillment be tied to the outcome. The pursuit is where all the fulfillment comes from. He shares some tips and strategies on how to achieve this so that every investor can maximize their rental property potential.

Next Episode

The Family Member Who Cost Themselves $5000: How To Market Your Vacancy

In this episode Tyson shares, albeit simple, the "how to" on marketing rental property. Exposure, pricing, following FHA guidelines, to name a few. He also shares an example of a family member who cost themselves nearly $5000 in loss of rent by not properly marketing their rental home.