A.D. CANTELMO REALTY/TONY CANTELMO
BROKER
TONY CANTELMO

 
  1. A.D. Cantelmo Property Management
    Our Business is Property Management in Orange County California

    How do you determine the price my property should rent for?

    Pricing a property for rent is not that much different than if you are pricing a property to sell, you look at the market price and go from there.


I wrote an article on the steps I go through when renting a property "How to price a home for rent"  and it’s more than just finding the right price. It is also important to understand the owner’s financial state and also their state of mind.

I like to push the price of my rentals as much as possible, but that may mean that the property is on the market longer then if it were priced more to the market price.

Understanding how the owner feels and the urgency they have in getting Tenants in the property will determine  how I price the property.

Lets look at an example

Lets say we are renting a home and the comparable properties in the area rent for $2000.00

I may want to put a price of $2100.00 to start, but if that means that the property will be on the market for an extra 2 weeks, I have to find out how the owner feels about that.

If the owner is not worried about having the property vacant for a longer period of time, no problem, but if finacially, the owner is not in a position of missing out on an extra 2 weeks rent, then I price the property at $2000.00


This is just a simple example, but it is very important to understand what situation the owner is in at the time I am renting their property.


A.D. Cantelmo Property Management Specializes in Property Management in Orange County Ca.

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What my clients are saying  

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

"10 out of 10 I am so Happy Since I left my old company and I joined AD Cantelmo Property Co I am stress free I live in a different state and this company watches my house and always Mr Tony Cantelmo is on top of things I really want to thank you for what you do for me and I would really Recomend this Company to any and every one Thank You again. Shawn" ------------------- "I need to trust the people I work with and I trust Tony. He stays on tops of things, communicates well, and gets things done. He not only gets things done but he gets things done the right way. Jim"

 

~ Shawn

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