Do you ever wonder if you are charging too little for your rental property? On the other hand, if you are a renter, do you ever wonder if you are paying too much? Today, I stumbled upon a site called Rentometer.
Just enter your zip code, rent, the number of bedrooms, and the number of units in the building. Rentometer then compares your price to other similar rental properties in your area and gives you a cool looking dashboard like this.
You can see on the left how you are doing compare to other people in your area. On the right, you can click on specific property to see what they are paying. Pretty cool just to check out.
Pinyo is the owner of Moolanomy Personal Finance and a Realtor® licensed in Virginia and Maryland. Over the past 20 years, Pinyo has enjoyed a diverse career as an investor, entrepreneur, business executive, educator, financial literacy author, and Realtor®.