“What do you think separates successful real estate investors from those who give up, fail, or never get started?”

Brandon Turner asks this question each week to guests on the BiggerPockets Podcast. Of course, there is a wide variety of answers, none of them more right or wrong than the other, but there is one thing that can be a true deal maker or breaker when it comes to giving up, failing, or never getting started—mindset.

Mindset is such an important part of investing and financial independence and such a key factor to not giving up, failing, or never getting started.

So how does an investor/landlord/property manager not only keep their head above water but maintain their focus to ensure long-term success? Here are a few simple reminders to play on repeat during the day-to-day or when times get tough. They’ll help keep you in check when you’re feeling overwhelmed in the real estate game.

5 Mindset Hacks to Conquer the Roadblocks That Sideline Other Investors

1. Assume positive intent (until you know otherwise).

Assuming positive intent is a must for first interactions. This is especially helpful in problem-solving scenarios like dealing with a tenant concerning late rent or a contractor/handyman who didn’t meet expectations. It steers investors away from anger, fear, and emotional responses. This hack ensures its users will also be following that oh-so-important “golden rule” when interacting with tenants, contractors, agents, managers, etc. Treating others the way you want to be treated isn’t just the right thing to do, it also means you’re much more likely to find reliable, responsible tenants and contractors who keep coming back to work with you. You’ll certainly have much more joy and sanity as you juggle it all.


Sam’s new tenant’s first full month’s rent through ACH payment fails. His first reaction is to get upset, both with the tenant and himself, thinking he did a bad job of placing the tenant and that the tenant has already let him down. Then he reminds himself to “assume positive intent.” Maybe the tenant accidentally tied the auto-pay to the wrong account number, or maybe there was a mistake on the bank’s end. Assuming his renter has the best of intentions allows Sam to treat the renter with patience and kindness, hearing them out when getting to the bottom of the problem.

It turns out that Sam’s new tenant did not budget correctly for the first month’s rent. By assuming positive intent, he is able to communicate calmly and effectively with his new tenant, ultimately collecting the full rent and failed payment/late fees, while establishing rapport. His tenant then listens to him when he emphasizes how important prioritizing rent and paying it on time is and trusts that the consequences of not doing so will be handled swiftly and consistently each time (through late fees, notices, and eviction). He has no further issues with late payments from this tenant for the remainder of the lease. He’s trained his tenant, kept his cool, and behaved in a way he can be proud of.

Related: 4 Books to Help You Adopt the Entrepreneurial Mindset

What It’s Not

Assuming positive intent does not mean being naive, allowing yourself to be taken advantage of, or continuing to work with people who don’t have your best interests in mind. It just means your first interactions with others and your attitude during problematic situations assumes the best of everyone involved first. Act accordingly if you learn that some individuals don’t have good intentions (which is bound to happen).


2. Play the long game.

Successful investors know that they’re in it for the long haul. They treat small setbacks and short-term issues as that—small. This also means they don’t make short-term compromises that will negatively impact the integrity of their long-term goals. Investors playing the long game don’t get distracted by every little squirrel that pops up. They keep their eye on the bigger prize.


Lauren has a poor month of cash flow. One vacancy went on longer than expected, and another tenant turnover resulted in a $3,000 AC unit being stolen. She feels overwhelmed with fear initially, thinking her projections for her freedom number and for financial independence are off. She worries that many months of this type of hit in cash flow will keep her forever tied to her W2 income. Then she remembers she’s playing the long game. Like all investments, she knows to expect some ups and downs. She reminds herself that she’s prepared for instances like this by withholding for vacancies and CapEx expenses. She’s playing the long game, after all, so small setbacks here and there along the way don’t get her off course. She puts his head down and keeps pushing for freedom.

What It’s Not

Playing the long game doesn’t mean holding a property that continually has poor cash flow or causes more grief than it’s worth. By all means, get rid of those and move on. It’s also not getting sucked in by every “opportunity” that comes along—wholesaling, flipping, rentals, commercial, etc. Find your lane. Get in it. Get good at it and keep trucking.

3. You find what you’re looking for.

Things won’t always go your way, but they’ll go your way a lot more often if your words and actions reflect those that you’d like to see in the people you work closely with. If you’d like to work with griping, complaining, negative individuals, then by all means, gripe and moan it up. However, if you’d like to build a team of people who are dependable and practice integrity while filling your homes with the same type of tenants, then look for that. While you’re at it, be dependable and practice integrity by being honest, positive, and looking for the good in people and situations. A funny thing happens when you start looking for the things you want—you find them. Maybe not right next door, but at least down the street. Eventually, you see far more of the good and far less of the bad. Call out the good. Look for the good. Eventually, the good will come looking for you, too.


Chris has had many conversations with other investors in his area, hearing many similar stories like, “The renters around here are awful. They’ll trash your house. I have to go knock on their door to get their rent.” Chris knows he doesn’t want that type of tenant. Because he’s playing the long game, he knows that whatever investment decisions he makes need to be sustainable for the long-term. He needs his real estate investments to lead him to freedom, not headaches. Terrible tenants, elusive contractors, or dishonest property managers certainly wouldn’t be sustainable or provide freedom, so he does his homework. He reads books, listens to podcasts, and learns about online communities like BiggerPockets. Chris sees and hears success stories and learns of ways to screen tenants to minimize issues. He finds free online resources to help collect rents through direct deposit into his bank account, saving time and trouble.

Communicating his expectations clearly with his tenants verbally and in his lease and impeccably following through with his word builds dependable, positive relationships. With some positive experience under his belt, he continues his search and conversations with other investors in his area. He begins organizing monthly meet-ups to share his ideas and learn from others. Eventually, he finds investors who think like him and have much better things to say about investing in rental properties. They become a resource for each other when they need advice. He didn’t give up until he found what he was looking for.

What It’s Not

You will not find what you’re looking for by lying around waiting for it to come to you. You will find it by clearly defining your goals and objectives, then taking action. You also won’t find what you’re looking for by standing around the coffee shop complaining about tenants, contractors, etc. Standing around any place griping and complaining will only help you find one thing: more people standing around griping and complaining. Just don’t do it.

4. There’s enough for everyone.

Successful investors don’t make decisions out of fear. Acting from a place of fear is never a good idea. Successful investors compete against themselves. They are their own toughest competition, and they continuously set goals and try to accomplish them. Because of this, they not only celebrate the successes of others, but they help others achieve their goals as well. That’s not possible if they’re constantly competing with the investor down the block, thinking the success of one means the failure of another. They know there is enough for everyone. There is enough money for everyone. There are enough deals for everyone. There is enough success for everyone. And a successful investor keeps looking until they find it. Knowing this allows them to make positive decisions from a place of confidence.


Katie makes an offer on a distressed property in her area that recently came on the market. She carefully runs the numbers and submits a cash offer she thinks is fair and will allow her enough room to comfortably make the necessary improvements while maintaining a good return on her investment. Her real estate agent warns her she may have some competition, so she acts quickly and makes an offer. She then begins to doubt her offer, wondering if she should put in a stronger one. She’s afraid she’ll lose the house and the cash flow it could offer her.

Then she remembers she doesn’t make decisions out of fear. She was confident in her calculations and made the offer that was right for her. If someone else gets the property, that’s OK. There’s enough for everyone, after all. The next day, her agent calls her to let her know that several other cash offers came in at the same time. The bids kept getting higher and higher, and she lost the property. Again, she tells herself, “There’s enough for everyone,” and she plans to meet her agent at another listing later that afternoon.

She soon realizes losing the first deal means she has enough cash available to make a strong offer on this property that includes two single-family homes needing much less rehab and CapEx expenses up front. Her offer is accepted, and she’s under contract with a deal that will definitely beat the 1% rule. She learns later that she lost the other property to someone moving in from out of town. They sold their home in a much more expensive city to buy a home and live in Katie’s more affordable area. They’ll be rehabbing and living in the home with the cash they made from their sale in the bigger city. They could afford to make a better offer because it’s not an investment property for them. She’s grateful she didn’t allow her fear of missing out derail her. Trusting there’s enough for everyone meant she got a better deal. She’s happy for the people finding freedom from expensive, city living who will be fixing up a distressed property in her community and adding value.

Related: 5 Habits You Didn’t Know Were Essential for Landlording

What It’s Not

Believing there’s enough for everyone is not complacency. It’s not letting deal after deal pass you by because you’re afraid to take action. It just means that when do you take action, you do so confidently, knowing that if this isn’t the right deal, you’ll find another one. No deal will come knocking on your door. Figure out what you’re looking for. Do your homework. Take action. Repeat.

5. It’s not your house—it’s your investment.

Looking at your properties as your investments rather than your homes with help you do this. After all, you don’t live in them. Investments go up and down. They have gains and losses. Remember, successful investors play the long game. As long as your investment is cash flowing, small setbacks aren’t important. When you see your properties as investments, you remove emotion from decisions and problems. You can move forward with less fear and worry.

This helps you to not only expect some hiccups but anticipate and prepare for them. You also won’t take it personally when a tenant damages one of your properties or a contractor does something you’re unhappy with. Real estate investing requires working with human beings. Humans are not perfect. They make mistakes. They act in ways you may not agree with or appreciate. When a tenant or a contractor or a property manager does something that negatively impacts you or your business, don’t take it personally. Know that it has nothing to do with you. This will help you keep a level head, find a solution, and quickly move on. It will also ensure you’re able to reflect more clearly to find the lesson in the issue. Then do what you can to avoid it in the future.


Jim gets a text from a tenant. She can’t find work, so she’ll be moving back home with family immediately and won’t be able to pay rent this month. It’s six months before the end of her lease. It’s the middle of December, and four inches of snow cover the ground. Jim’s first reaction is to get angry, taking it personally and wondering how someone could be so irresponsible. Then he reminds himself that it’s his investment, not his house. He has prepared for bumps in the road by withholding a percentage of his cash flow. He has a security deposit and pet fees to cover any damages. Jim wants his investment to be as passive as possible, so he assesses the damage, hires people to do the repairs, and actually has money left from the security deposit and pet fees to cover the vacancy expenses while he finds a better, more reliable tenant.

What It’s Not

Treating your rental properties as investments isn’t taking a robotic approach; it’s just taking things a lot less personally so you can move on quickly. Find a smart investment. Make it a place you’d want to live in yourself. Be impeccable about screening your tenants (or finding a property manager to do so), so that you can be as passive as possible after they move in. Then let go. It’s their home now. You can enjoy the cash flow and look for the next deal.

Try one of these hacks the next time you notice things may not be going the way you’d like. They might keep you moving in the right direction.

Let us know what you think in the comments below or share your own mindset hacks.

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The National Association of Realtors and its investment arm, Second Century Ventures announced the winners of its pitch contest and hackathon. BoxBrownie, an on-demand photo editing service for real estate, won the pitch competition, and KW Labs, the Keller Williams in-house software development arm, won the hackathon at NAR’s first ever Investment, Opportunity & Innovation Summit in San Francisco.

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Most investors are familiar with a traditional LLC but not its more useful counterpart, the series LLC. A series LLC is a unique form of limited liability company that provides protection from liability across multiple individual “child” series within each main “parent” series LLC protected from liabilities arising from the other individual series. Each individual child series is treated as if it were its own LLC for liability purposes.

Why is a Series LLC Better Than a Traditional LLC?

Traditional LLCs are just fine, and they’re useful entities to be sure. However, they do have their limits. That’s why we are such big fans of the series LLC—there’s no denying that its features make it a much wiser choice for the savvy, forward-thinking investor. The series LLC—or (S)LLC—offers anonymity, lawsuit protection, compartmentalized liabilities, and it may reduce operating costs and streamline administration. Here are the details on some of our favorite features of this increasingly popular entity.

The (S)LLC Allows You to Own More Than One Property

A traditional LLC is a tried-and-true method for managing a single property. However, the series LLC model allows you to create a “child” company for each individual asset. This structure is limited only by the number of properties you choose to own. Maybe you only have one property right now, and the traditional LLC seems like it would do you just fine. We encourage you to think more long-term about your goals as an investor. Even if you’re 80 percent sure you’re going to be a one-and-done investor, why limit yourself when you can leave your options open at no extra cost? That leads directly into the next great feature of the (S)LLC.

Related: The Pros & Cons of Using a New LLC for Every Property Purchase

Infinite Scalability Lets You Grow Your Business Forever

With the series LLC, creating a new “child” LLC is simple. When you decide to add to your portfolio, all you do is generate a brand new LLC underneath the parent corporation. It takes about as much time as sending a Christmas card, and even better, you can do it from your home computer. The series is a private document that you create on your desktop, sign, and store in your safe.

Compartmentalization Offers The Best Asset Protection Plan for Investors with More than One Property

You’ve probably heard the old adage about not putting all of your eggs in one basket. The (S)LLC essentially allows you to give each “egg” (or property) its own basket. Oh yeah, and  those baskets aren’t your grandma’s wicker baskets. We’re talking about 100 percent solid steel boxes reinforced with concrete with a big-ass moat full of vicious alligators and flesh-eating piranhas swimming around the perimeter. That’s the level of security the structure provides.

Since each asset is isolated in its own series, should you ever be sued personally, your property will not be vulnerable to seizure. Assets are isolated for liability purposes, meaning lawsuits are often fruitless. The axiom that you can’t get blood from a stone is illustrated well here. Without anything to truly gain, most people aren’t going to try to sue you in the first place. Lawsuits are expensive. Who would want to pay their lawyer more than they could ever win? We’re sure there are some people who are extravagantly wealthy and so persuaded by pure spite that they might consider trying to come after you, but either we’ve lucked out and never met them — or the series LLC structure has kept them away from us and our clients.

Related: Yes, You Absolutely SHOULD Use an LLC to Invest in Real Estate: A Counterargument

Anonymity: So Much Easier With The (S)LLC

Anonymity is perhaps the most critical piece of your asset protection plan. Even if your assets are valuable, they are insulated in their own series (those steel boxes we mentioned above) so one has nothing to do with the other, and none have anything to do with you personally. We simply cannot say this enough to our clients or fellow investors: Anonymity stops lawsuits before they even start. Why? Nobody can successfully sue you or hold you liable for property that they cannot prove you own.

With these features, the series LLC is an excellent choice for real estate investors or anyone who needs a solid asset protection system. We recommend them a lot because the tool is as versatile as it is useful. We’ve seen it make and keep people very rich. Could the series LLC be the first big step you take in building your investment empire? Keep checking out our articles and other writing on the subject to learn more.

What do you think?

Do you have experience with a series LLC? Share your experience below!

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Just four months after putting itself up for sale, Pure Multi-Family REIT is taking itself off the market. Following an unsuccessful courtship process with 86 potential buyers, the Canadian real estate investment trust, which invests in institutional quality U.S. multifamily real estate assets, is embracing the solo life, for now.

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As a real estate agent for close to 30 years, I realized early on that many people make their biggest mistakes with real estate between the ages of 25 to 35 years old. Our working years really take place between 25 and 65 years old, and I believe the decisions we make in the beginning towards home ownership often dictate our future financial outcome as we sprint forward towards retirement.

What Happened to My Down Payment & Closing Costs?

If you think about it, most young people first try to rent as much property as possible, and then they try to buy as much property as possible. Is it the overachiever in each of us, or are we just trying to impress our family and friends? Maybe we simply feel we deserve it.

Next, we often listen to our real estate agent when it comes time to moving up to our next home. They may encourage you to sell the first home, saying that you can’t afford two mortgages, but they may be squeezing you into as much home as possible on the next purchase. After all, we all have to keep up with the Joneses. Keep in mind, most real estate agents aren’t accountants or financial advisors.

Related: How to Create a Diversified (Yet Still Manageable) Real Estate Portfolio

If things are going well for a nice couple, after they’re in their second or third home, their accountant might tell them it’s time for a rental property or a beach home. The accountant might say that they could use more write-offs; they’re making too much earned income, and they could use more deductions.

But what’s really wrong with this picture? Do you see where the real estate mistakes were made early on?


Against the Herd: A Different Approach

Let’s say you took a different approach, like I did when I was young. I didn’t even realize what I was doing until much later, and I majored in accounting in school. I took a more conservative approach after graduation.

First, I lived at home for two years to save up some money. Then I rented the most affordable apartment I could so I can save more money for my first house. I didn’t really care what my friends or family thought; I was on a mission, and time was of the essence.

Then I bought my first duplex, owner-occupied, and it needed fixing up. But here’s the real difference: When it was time to move to the next property, I kept it. There were no stressful moving days for me. And guess what I did when I moved the next two times? I kept them as rentals, too. Now, let’s look at the real impact of doing that.

Advantages of Keeping Your Primary Residences

First of all, I had lower down payments and more favorable interest rates because I purchased these homes owner-occupied. I also purchased properties, which I could rent out for more than my mortgage payment. So now, I never really lost my down payment and closing costs because I kept them all. Most people forget about this real money that they spent to acquire a home. Seems like they just look at the monthly payment, much like they do when buying a car.

Another thing that’s overlooked is the time spent in the property, paying towards a 30 year mortgage before it becomes a rental. My first property I lived in for five years, my second property was two years, and my third property was 13 years. That was 13 years of payments towards my 30-year loan. Today, my mortgage payments are mostly principal, and my tenants are buying them for me.


Related: 3 Negatively Cashflowing “Assets” That Devastate 20-Somethings’ Finances

Sure, it took a little more time to save money between moving up with my primary residences, but it was well worth the wait. My properties enabled me to build additional wealth, and they’re almost paid off now. They not only give me depreciation and write-offs to offset earned income, but they can pay for things like college and weddings, and they provide a nice, passive cash flow in retirement.

As you can see, this has been one of the best investing strategies that I’ve taken in my entire life. It makes you wonder why this strategy is not taught more or is not more popular with young people starting out.

We’re republishing this article to help out our newer readers.

So, let me ask you, “Was selling your primary residence a mistake?”

Let me know your thoughts with a comment!

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Equitybuild, a real estate investment company that promised returns of 15% to 20% on Chicago real estate, was actually a $135 million Ponzi scheme where early investors were getting paid back with new investors’ money, according to the Securities and Exchange Commission.

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WNC, an affordable housing development, investment and management company, just closed a $150 million fund for affordable housing. The fund enjoys backing from five repeat investors and was able to garner one new investor to add to its war chest.

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In my last article, “The Twenty-Something’s Guide to Financial Stability,” I discussed some of the common financial mistakes that are often made by young folks. But it is true that you can be broke at any age. For me personally, I’ve been both rich and poor. I was raised by a working, single mom with six kids on government assistance, and today, I’m considered an accredited investor.

What I didn’t go very far into last week is the impact of debt and taxes, especially on one’s ability to access capital or build wealth.

Access to Capital

One thing that I recognize is that income inequality and the wealth gap are growing in this country between the rich and poor, while the middle class is shrinking. If I were to narrow it down to one of the biggest reasons for this, it would be one’s access to capital.

Related: Americans: If You Can’t Build Wealth Today, You Should Be Scared. Here’s Why.

The difference is that poor folks just don’t have very much access. Just think about when you try to get a loan; it’s often based on your credit, income, and assets. Also, they often have to work for or earn all of their money, and then they’re usually taxed the most (as a percentage of earned income).

Maybe the real struggle is getting out ahead of these things. I remember listening to Jim Rohn tell the story about how you can be a good guy, work really hard, and still never get ahead.

It wasn’t until I understood the different types of money and how they’re taxed, along with the various tax breaks available, that I realized the true path to wealth.

As much as debt and taxes made poor folks poorer, it also made rich people wealthier. So, why is that?


How the Rich Utilize Taxes to Build Wealth

When I was young, an old real estate developer I was working for pounded into my head, “It’s not what you make; it’s what you keep.” It’s so true.

Even if you’re a high income earner, like a doctor, you’re probably taxed the highest. In Pennsylvania, you could be handing over close to half of your earned income, and I’m sure in California it’s much higher.

But as a real estate investor, if I had $1 million of rental income, my taxes would be much lower, especially with all the write-offs made available in the tax code. A wealthy real estate investor could then turn around and use the earned $1 million to purchase a $4 million apartment building (utilizing debt, leverage, and tax breaks).

This investor would come out much further ahead, especially since passive income (and portfolio income) is much more favorably taxed than earned income.

Most less well-off individuals just don’t have many deductions, and on top of that, they have the most highly taxed type of income. All the government tax breaks seem to be given to those who benefit society more by providing jobs, housing, or by running things like nonprofits.

How the Wealthy Use Debt

When it comes to using debt, I also see a big difference. Wealthier folks are using things like private equity, government grants, and bank loans. They also have the best attorneys, accountants, and entity structures, as they are always considering the tax implications of everything they do.

For example, if the $4 million apartment building I mentioned before appreciates in value to $5 million, the investor might borrow against that new equity via an Equity Line of Credit and then use that capital to buy a cash-flowing asset or invest at a higher rate than their interest payment. This access to capital is also tax-free because it’s a loan.

The lower income folks often fall prey to using bad types of debt. By this I mean debt used to purchase something that goes down in value or doesn’t throw off any additional cash flow. They often spend more money than they make, and they pay excessive rates and fees for things like insurance, bank loans, and credit cards due to poor credit or because they are considered a higher risk. The poor and middle class may need more student loans than wealthier students, too.


Related: Personal Finance Software: 7 Top-Notch Tools to Help You Grow Wealth

I remember my early struggles when attending to a more affordable state college. I was commuting for the first two years since I couldn’t afford to live on campus, and I was working four to five nights a week. While my wealthier friends had more time to study or have fun, most of my free time was spent commuting and working. It was much harder to get good grades with all of the financial stress.

At the end of the day, it was and still is all about access to capital.

As the wealth gap and income inequality continue to grow, just be sure to think about how you’re making your money, how it’s taxed, how much you get to keep, what your plan for the money is, and how that use of capital will be taxed.

Today, I’m living proof that, it’s not about what you make, but what you keep.

We’re republishing this article to help out our newer readers.

What do YOU think? Are debt and taxes big contributors to the wealth gap?

Leave your comments below.

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Commercial and multifamily investment continues to show strong momentum going into the back half of 2018. According to a report from Mortgage Bankers Association, in the second quarter, commercial and multifamily mortgage loan originations rose by 4% year-over-year and soared past the first quarter with a 32% surge in originations.

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How do you effectively find and evaluate rental comps?

Rental comps are just as important as sales comps when looking at buying a property. Knowing how to find them and accurately assess them will directly impact whether you’re able to achieve profitable deals.

This is true even if you are wholesaling or rehabbing and flipping houses versus acquiring buy and hold units for yourself. This is because you need to know the real resale potential and should retain renting as an alternative exit option if your plan A doesn’t work out.

Unfortunately, this is where many investors are blowing deals—and their financial futures along with them. Too often, they accept what a current landlord, wholesaler, or real estate agent tells them. Then they get stuck and wind up with a deadweight deal that negatively cash flows every month.

Features to Compare When Pulling Comps

You’ll be looking at many of the same features and factors for rentals as sales comps.

They include:

  • Living area square footage
  • View
  • Bedroom and bathroom count
  • Architectural style
  • Age
  • Property condition
  • Special features like pools
  • Parking spaces
  • Location

Rentals can also be impacted by a wider variety of factors, especially amenities like nearby gyms, pet spas, restaurants, etc.

Related: 3 Ways to Find Comps When Determining ARV for Your Wholesaling Deal

Other factors to consider with rentals may include the application process, upfront money required, seasonal fluctuations, inclusions like utilities and wifi, and special concessions and offers like free rent.

Pulling Quick Rental Comps Online

There are lots of online tools for pulling rough comps fast.

Some of these include:

  • Trulia
  • Hotpads
  • Craigslist
  • Zillow

Rentometer.com has a free neat tool for instantly getting a rough estimate of area rents and showing you where prices fall within the whole market. A paid plan offers a deeper analysis. 

Zillow has a rent “Zestimate” for formulating a rent rate. It can be fairly close, give or take.

Note that you’ve really got to dig into the data if you want accurate answers. Sometimes your first answers can be a bit inflated, often caused by overpriced rental listings that no one is willing to pay for. These tools also do not take into consideration the types of renovations done to a property. Days on market need to be considered as well!

For example, if a comparable property across the street from yours is asking $1,300 a month and it has been on the market 90 days, then that is a good indication the market is not willing to pay that. The market will always let you know whether or not something is too high. The market (renters) provide the best feedback. It is also smart to look out for the number of rentals that are being advertised. If there are too many, landlords are going to have to fight hard for any tenants and may have to come down a lot by making concessions.

There can be a huge difference between asking rents and actual rents. One house might be asking $1,500 a month. An identical unit next door could have just leased for $800. It’s hard to know online because this data isn’t provided like actual recorded sales comps.

Getting Comps Offline

Look to local professionals who are active in the market for better data. Think property management companies. Find a company that manages several rentals in the neighborhood you target. They will give you a solid rate that they believe they can rent it for.

Related: How to Best Gauge the Correct Rental Rates for Your Investment Properties

Get in the trenches. Spend time in the neighborhood where you plan to acquire, and ask folks how much they are paying in rent, if they’d move into your property for $X, and what they think about the property.


Being able to get and evaluate rental comps is vital for all investors. Don’t get caught with longer vacancies by failing to do your own due diligence on rents and rental demand.

Which are your favorite tools and methods for finding rental comps?

Let me know below!

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