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12min chapter
37. How to determine a properties rental rate with Nathan Jackson of Rentfinder
Property Management Business
Navigating Rental Pricing Challenges
This chapter explores the complexities of setting rental rates through a role play scenario between a property manager and a prospective owner. It emphasizes the importance of understanding local market trends, tenant perceptions, and unique property features in determining pricing. The discussion also highlights how seasonal demand and macroeconomic factors can impact rental prices, particularly in the context of declining trends observed in various markets.
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