Setting a Rental Price
Hey all, I own a studio in the Willoughby Walk co-ops across the street from Pratt. Assuming I can get Board approval, does anyone have advice on what would be a fair rental price to set? Thanks!
Hey all,
I own a studio in the Willoughby Walk co-ops across the street from Pratt. Assuming I can get Board approval, does anyone have advice on what would be a fair rental price to set?
Thanks!
BHO, you think those parents work at banks?
Fifteen hun or best offer. Mom/dad’s have mad $ to spare.
***Bid half off peak comps***
if you want to target pratt students, look at the rental postings at bergen bagel, the pratt bookstore on dekalb, campus bullets, etc. those postings will give you an idea what you’re competing with
your best bet to really get competitive prices go on to realtor.com or/and craigslist.
go to streeteasy.com
Enter your address….you might be able to find all recent rental listings in your bldg. (if none in yours, check some of the other addresses in your complex).
make it section 8 and you can get a guaranteeed 1350 every month for it lol
*rob*
Make sure you get board approval first.
Thanks very much for the advice. That is indeed the sq footage. I was hoping I could get a little more since based on craigs list searchings, it seems like studios a little farther east near classon or franklin are commanding about that much (1100-1200) and WW is across the street from Pratt, so I figured it would be ideal for a student there. What do yout think?
I did see a Willoughby Walk studio advertised for rental a couple weeks ago on craigs list, and although it was renovated very nicely, they were asking $1500 which I thought was far too much, so I didn’t take that as a good benchmark of what I’d be able to rent mine for.
Assuming it’s okay with your coop to lease your apartment, your best bet is to look at other rentals in your hood. See what places similar to yours are renting for.