Learn how to search for long-term rental properties in Privy by applying filters, analyzing rental opportunities, and identifying high-performing buy-and-hold investments. Follow the steps below and the video tutorial for a quick walkthrough.
Step-by-Step Guide to Searching for Long-Term Rentals
Navigate to the Filter Tab
Log in to Privy and go to the Filter button on the top navigation menu.
Select the Long-Term Rentals button under MLS Deals
Set Your Search Criteria for Long-Term Rentals
Customize your search filters to target long-term rental opportunities:
Location: Select specific cities, zip codes, or draw custom areas on the map.
Property Type: Choose single-family homes, multi-family properties, or other relevant options.
Price Range: Set your desired minimum and maximum purchase price.
Rental Metrics: Look for properties with strong long-term rental potential using filters like estimated rent or cap rate.
Run Your Search
Once your criteria are set, click Run Search to generate a list of long-term rental opportunities that match your filters.
Analyze the Results
Review the property details and metrics to identify promising long-term rentals:
Rental Comparables: Evaluate nearby rental properties to estimate fair market rent.
Financial Metrics: Use Privy’s Long-Term Rental Calculator to assess cap rate, cash-on-cash return, and net cash flow.
Property Details: Check for key factors like lot size, square footage, and condition that impact rental performance.
Save Your Search
To easily access the results later, click the Save Search button and give it a clear name.
Turn on email deal alerts to be notified when new long-term rental properties match your saved search criteria.
Why Use Privy to Search for Long-Term Rentals?
Accurate Data: Access up-to-date rental comparables and market metrics.
Customizable Filters: Focus on the properties and metrics that matter most to you.
Save Time: Automate searches and receive alerts when new opportunities appear.
Data-Driven Decisions: Analyze cap rates, cash flow, and other key financial insights to identify profitable long-term rentals.