Morris Invest’s Real Estate Wisdom: A Blog for Savvy Investors

I've been in the rental real estate industry for almost 17 years now, and during that time, I've added many properties to my portfolio from various states. When it comes to rental income, there's no one magic rate that I could set across the board, so I always wondered how much I should charge for rent with each new rental I acquired. After gaining experience, I've learned that each location has its own set of market qualities that determine the rate, and that there were certain things I needed to do to ensure the max rate was set for each property. With that in mind, in this article, I'm going to share a few of the most important factors you should focus on when determining what monthly rate is best. Figuring Out How Much You Should Charge for Rent – A Quick Guide If you're new to the game, it...