Setting rent a major challenge in today's market
Part 2: Accidental landlords
By Matt Carter, Wednesday, November 7, 2007.Editor's note: In part two of a three-part series on "accidental landlords," Inman News looks at the most challenging decision involved in marketing a rental -- establishing the asking rent. The "ghost market" for homes and condos complicates the process. Part 1 looked at the factors to consider before pulling a for sale property off the market to rent, and whether to hire a property management company to handle the details.
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