How Much Rent To Charge?
Hi,
I was wondering if anyone could advise me as to some of the best ways of figuring out how much rent you could realistically collect from a rental property? I was trying to figure out the NOI on the property before accepting any offers.
Also, any books that woul be highly recommended for a beginner?
Thanks,
Jose 
Look in newspapers to see what your comps are. Drive the neighborhood and look for signs and call and get their rents. If apts call your neighboring apt buildings and do a survey. Base your rent on the same type property, beit single family, duplex, or apt. Also compare condition. You should charge more for nicer property.
Good LUCK and HAPPY HOLIDAYS
Hope this helps some
Ted Jr
You need to run comps for that particular area or neighborhood the property is in
a general rule of thumb is 1% of value...example 95,000 home = 950/month - doesnt apply everywhere... run comps...
The two previous posts are on the money but the most important thing is that you charge enought to cover your mortgage, all expenses and a 'rainy day fund.'
Your debt service has nothing to do with what you charge for rent. As well call on for rent signs in your area introduce yourself and ask,ask,ask.