Aug 13 in General discussion
Market Rent Study Qs
and any other experienced operator, I have a couple questions about the market rent study.
- What is your thought process on moving forward with a property that has higher current rent then market rent? How does this effect your decision making and what other factors will you then look into?
- What is your thought process on moving forward with a property that has current rent at that maximum pad rent amount? How does this effect your decision making and what other factors will you then look into?
- I understand there are many other variables like increasing % of occupancy, bill back/direct bill utilities, etc. that would allow you to increase cash flow but in your opinion, does one circumstance out way the other? More specifically, is the ability to increase rent more important than any other circumstance to increase cash flow?
Thanks!
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Market Rent Study Qs
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