Setting the perfect rent isn't a one-time task—it's a crucial annual review for landlords and investors. The amount of rent you can charge is influenced by various factors including property type, size, location, and market demand. Price it too high, and you risk prolonged vacancies; too low, and you leave money on the table.
In this episode, we've partnered with Jonas Bordo, co-founder of Dwellsy rental marketplace to guide you through the intricacies of setting the optimal rent rate. We'll explore how to assess a property's potential, conduct a comprehensive market comparison, and ultimately, determine that ideal number to maximize your ROI while minimizing vacancies.
Tune in to discover:
Jonas Bordo is the CEO and Co-Founder of Dwellsy, a leading rental marketplace transforming how renters find homes and landlords manage properties. With over two decades of experience in the real estate industry, Jonas has held senior roles at Essex Property Trust and Bentall Kennedy, gaining deep insights into property management and investment.
Under Jonas's leadership, Dwellsy has become known for its transparency and data-driven approach, providing renters with a vast, accurate database of listings and landlords with powerful management tools. A frequent speaker on real estate technology and trends, Jonas is dedicated to improving the rental market for all stakeholders.
He holds an MBA from The Wharton School and a BA from UC Berkeley. Outside of work, Jonas enjoys family time, outdoor activities, and engaging with the real estate community.
Visit the dwellsy.com website to find out more or find Jonas Bordo on LinkedIn .
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The Profitable Rental is a podcast by Landlord Studio. We interview real estate experts and discuss practical advice on how you can build a profitable real estate portfolio.
Stay tuned for the next episode where we’ll get stuck into even more tax strategies for landlords to maximize profitability and stay on top of their numbers.