Rasmey Rentals » determine http://www.ramsey-rentals.com Mon, 13 Dec 2010 04:29:55 +0000 en hourly 1 http://wordpress.org/?v=3.0.4 What is a good way to determine the value of a rental property you would like to buy? http://www.ramsey-rentals.com/what-is-a-good-way-to-determine-the-value-of-a-rental-property-you-would-like-to-buy/ http://www.ramsey-rentals.com/what-is-a-good-way-to-determine-the-value-of-a-rental-property-you-would-like-to-buy/#comments Sat, 30 Jan 2010 16:28:51 +0000 http://www.ramsey-rentals.com/what-is-a-good-way-to-determine-the-value-of-a-rental-property-you-would-like-to-buy/ I am interested in investing in some rental property and I would like to know what a good method is to determine how much I should pay for a rental property based on rent recieved.

For instance one duplex I have looked at has collected an average of 11,500 a year over the last 5 years. However, it is for sale for 275,000. That seems like a high asking price based on the amount of money it is generating.

(I know the amount of money a rental property is generating is not the only factor, but I think it should be an easy way to narrow down my options.)

Thanks!!

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