What to Consider at the Start – Budget. For obvious reasons, this is probably the single most important factor. The price of an apartment depends on a variety of factors — size, location, building type, condition and features, among others — so it is critical that you determine your budget at the outset.
We at Grogan Homes take a great deal of pride in the accuracy of our comparative analysis. Often referred to as an appraisal (a document from a certified appraiser), a comparative analysis is an evaluation of the relative value of your property used to determine the listing price by a real estate broker.
Careful vetting of applicants is key when a landlord needs to fill an apartment vacancy. Doing your due diligence is critical to help find the best applicant for your vacancy. Determining if an applicant can afford the rent starts with their rent-to-income ratio (RTIR).