As a professional property manager, I am always looking for a more cost effective way to lease our available homes. However one resource that was never available was good information on what is happening in the rental home market - until now!! In addtion to marketing my inventory and my services, Rental Home Pros enables me to collect valuable data on my market such as average rent per bedroom, average days on the market, average days vacant, and several other details that help me better advise my clients and help both of us make more money in the process. As we collect more and more data we will also be able to track rent increases and decreases over time per city or zip code. As one that also likes to own rental homes, I think this information will help me make better purchases.
Check it out for yourself at www.rentalhomepros.com
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I agree. Until now, statistical information has been based on multi-family information. As a manager of single family homes, this information will help make me more effective and more ofan expert in the eyes of my owners.
I get calls all the time from other Realtors and from appraisers wanting some comparisons. So far, I've just used our inventory - this will be much better and provide a bigger picture of what the market is doing.
Agreed! Having data available regarding the rent rates and availability of single family rental homes in my market will allow me hard evidence to present the 'reality' of return on investment in the Little Rock, AR market. This will also prove invaluable as I continue buying single family rental houses for my personal investment.
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