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PSA: I was pricing my Plaza Midwood rental off Zillow and losing money every month
I own a duplex near Central Ave and for two years I set rent by just matching whatever Zillow showed for the block. Last month a property manager buddy asked what my actual numbers were, and when we ran it, my 2BR was $265 under market because I never counted the off street parking and the fenced yard. I figured it out when a tenant moved out and I had 11 calls in one day at the higher price. Been doing it backwards the whole time. Anyone else here use a real comp sheet instead of the apps?
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