Custom Rental Comps!

Software Update March 2024

PREMIUM SOFTWARE USERS NOW HAVE THE ABILITY TO ENTER CUSTOM RENTAL COMPS!!!

The addition of Nationwide Rental Comps Data has been saving you massive amounts of time. Now, when you're on your Comparable Rentals Presentation, you'll see the option to enter your own Custom Rental Comps!

Know of, or already own, a rental that wasn't recently listed but is still a good comp for your market? To include a rental on your marketing and fundraising presentations that isn't popping up in the data, simply enter the address, number of bedrooms, rental price, square feet, and click Add.

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Check out the quick video above and see how to enter Custom Rental Comps on your marketing and funding presentations then, go check it out for yourself! If you currently have the Premium version of the software, this is ALREADY LIVE inside your account right now!

Our recent software update made two small but mighty changes to the Rental Comps tool inside the Rehab Valuator software! First, Premium users can now add Custom Rental Comps to Marketing and Fundraising Presentations. The second update made was labeling the actual Comps Markers on the HTML map to display the number of bedrooms.

Include Custom Rental Comps on your Marketing and Fundraising Presentations!

 

When analyzing rent or BRRRR deals, there may be a rental comp that isn't pulling in data. Now, Premium users can click over to their Presentation tab and include that information. Simply enter the address, number of bedrooms, and rent rate then, click Add.

Rehab Valuator Premium software enter custom rental comps software update
Rehab Valuator Premium software add custom rental comps and square feet software update

Your software automatically groups together Rental Comps by the number of bedrooms. Enter in the Square Feet to have that unit price included in the $/Sq.Ft. calculation. You'll need this to calculate an accurate Market Rent Rate based on the Rental Comps you've chosen!

Once your Rental Comps Presentation is complete, Return to Inputs where you'll enter your Projected Operating Income.

Your software automatically groups together Rental Comps by the number of bedrooms. Enter in the Square Feet to have that unit price included in the $/Sq.Ft. calculation. You'll need this to calculate an accurate Market Rent Rate based on the Rental Comps you've chosen!

Once your Rental Comps Presentation is complete, Return to Inputs where you'll enter your Projected Operating Income.

Rehab Valuator Premium software add custom rental comps and square feet software update

*This update is only available in the Premium version of the software.

See you for the next update! Until then, would you please leave us a comment? We'd love to hear from you πŸ™‚