Renting my House out.

[Isaiah Loharsingh]

Hey everyone,

I'm in a bit of a bind and could use your expertise. I started renting my house out last year to a lovely couple on a one-year lease. Unfortunately, they won't be renewing due to unforeseen events. This puts me in a turnaround point, and I feel unprepared for what's to come.

I'm reaching out to see if anyone can help me run the numbers and assess the market value of my property. I want to make sure I'm getting the most out of my investment. Additionally, I may need a property manager to assist me in this process. If you have any experience or are willing to help, please DM me.

[Grace Gudenkauf]

Start by looking at Zillow or Facebook marketplace for rentals in the same neighborhood. Then make sure theyre the same size, beds/bath count and similar finishes. You will be able to understand pretty easily what your price point might be. I will advice that you don't go after the highest price point right away as that might decrease your tenant pool. I like to price my rentals fairly and get the largest amount of interest so I can make sure I get a great renter. Good luck!