Posts tagged price your units
Using Average Income to Price Your Units

Let’s say you’re determining the price of rent for various apartments in a multifamily property.  You want to base this on many factors including the location, asset class, etc.  Another one of those factors might be the average income for that area.  There are many ways of determining that average.  Which one is going to the better choice in the context of setting the price of your lease?

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