Square Feet

We’ve launched a new commercial real estate forum feature on our blog! The forum includes some general categories right now to post and have discussions in, but over time we will be adding more forums.

If you have any you’d like to see immediately, please let me know!

iiProperty, the web startup providing software for managing rental properties has a nifty  little tool called Rentometer which helps apartment investors compare apartment rates to the rates they are currently charging or asking.

Simply provide the property address, the number of units in the building, the number of bedrooms, and the current monthly rent, and the Rentometer will provide you with a quick visual analysis of how your property stacks up to the competition.

While the tool is not completely accurate, similar to Zillow, it provides a quick and dirty estimate which investors can use as a basis for further investigation when considering purchasing a property or attempting to rent an existing property.