When a tenant stops paying, the instinct is to tally up the missed rent. One month, two, maybe three. But that number is just the tip of the iceberg. The true cost of a delinquency case — when every factor is added up — can easily be four or five times what shows up...
Knowing how to calculate your rental rate is not about picking a number others are charging and charging a similar rate. You’ll also need to consider the home’s location, value, amenities, condition, and safety for your tenants. Tenants have so many...
