Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago on . Most recent reply

User Stats

184
Posts
34
Votes
Michael Baradell
  • Property Manager
  • New Orleans, La
34
Votes |
184
Posts

To rent or to sell??

Michael Baradell
  • Property Manager
  • New Orleans, La
Posted

Hey Guys,

I am in the process of purchasing a new primary residence. I am trying to decide if I should rent out my current home or sell it. Here are the numbers:

Owe on property- $135k

Should sell for $145k plus ( no realtor fees to pay ).

Will sell very quickly.

Current monthly note- $950 ( including taxes and insurance )

Will rent for. $1,350 a month very quickly.

Great area and house is in very good condition.

  • Michael Baradell

Loading replies...