What is Rental Assessment?

A guide to rental assessment

If you own a rental property but don’t know how to price it appropriately, a free rental assessment can help. You may have heard that your rent should be at least 1% of the current property value , but that doesn’t take into account local market conditions. Colorado Springs rentals are in high demand, so if you are following the 1% rule, you could be leaving money on the table. TriStar will use our knowledge of average rental prices in your area and take into consideration your property’s upgrades to recommend a monthly rental price that will attract quality tenants.