How to Find Rental Comps for Your Investment Property

Summary

This video provides a foundational guide for new real estate investors on how to accurately determine the rental price for a property by finding and analyzing comparable listings ("comps"). While the examples are for long-term rentals, the core principles—comparing similar properties, adjusting for utilities and amenities, understanding finishes, and respecting market rent ceilings—are directly applicable for anyone pricing a short-term or mid-term rental for the first time. The speaker outlines common mistakes, such as trusting unverified numbers and comparing dissimilar properties, and offers actionable steps for conducting thorough market research.