Here's another very useful online web tool for real estate investors with rental properties.
It's called Rentometer and allows you to enter a rental property address, current monthly rent, the number of bedrooms & the number of units in the building, and it will automatically do an analysis and tell you whether it thinks you're charging too little (or too much) for rent.
Of course, this will be best used as another tool in your due diligence toolbox - I wouldn't reccommend making decisions that have a financial impact based on only one source of information. Nevertheless, it's a very easy way to get an estimate of market rents for a specific area.
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