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Updated almost 10 years ago on . Most recent reply

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6
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5
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Thomas Seay
  • Investor
  • Palo Alto, CA
5
Votes |
6
Posts

Calculating Rental San Francisco Bay Area

Thomas Seay
  • Investor
  • Palo Alto, CA
Posted

Ok, how do I calculate how much to rent my house out?  I have a 4 bedroom, 2 bathroom house, 1350 sq ft.  But here's the deal.  It sits on a 12,000 sq ft property (2.9 acres) in San Mateo (San Francisco Bay Area).  Most yards around here are big enough to fit on a postage stamp.

This one has 10 fruit trees and arable land.

My difficulty is that the house is old 1907.  Everything functions well but it is certainly, well as they say, "charming".  It's in a working class neighborhood.

Any ideas about how I should go about thinking about this?

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