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Re: Return on Investment
by Phillip in Western New York
on March 23, 2006 @10:35
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The first thing I would do is pose as a tenant and go searching for other units. I would take note of the square footage, number of bedrooms, neighborhood, amenities, and rental price. I would then keep an eye on whether or not these rentals were eventually rented. This is very important, because regardless of what you research by going, the information isn't very accurate if that landlord is not finding a tenant. This will help to gauge your rental market and help you to get settled on a rental price.
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