To rent or not to rent?

[Mark Allen]

Good morning,

In the midst of a potential move and I am considering holding onto my home in Roseville, Ca (3 bed 2

bath right by a good elementary school) and renting it out. I’m going through analysis paralysis on the decision and would appreciate any feedback on the key drivers for this type of decision. To me, it seems like a natural first step getting into real estate investing. But I don’t want to miss something I should’ve thought about ahead of time.

Have a great day,

Mark

[Jeremy Goldizen]

@Mark Allen if it’s me I’m looking at the following, and yes I’m looking at same for our home

1. Market value for home

2. Equity in home and do I have quite a bit of capital to pull out with a cash out refinance for my next rental.

3. Market rents

4. Rentability in my area

5. Where’s my next move to (house hack, downsizing, etc) and do I have the money for DP for that

My opinion, that’s my starting point when I’ll be making my decision and trying to convince the wife lol