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

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
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

All Forum Posts by: Jill Valentich

Jill Valentich has started 1 posts and replied 3 times.

@Jeff White Thanks for the response! We have considered that, because it does seem like a waste to rent the house with so much equity tied up in it. I think we could probably cash out with $100k and still have it make sense to keep it as a rental. 

Thanks for the reply, Theresa. We owe $235k and would sell for $450k starting price. The house would rent for $2400k and after our mortgage and other short & long term expenses, I’m guessing we’d profit about $600k/mo. Our mortgage is $1200k/mo. which includes taxes and insurance. 

We are in the process of selling our first home to buy our second, but we also have the option to rent it out. We live in Denver, which is a great market to rent or sell in. We stand to make close to $200k (after fees) if we sell our home. Our plan was to take that cash and invest in our first BRRRR property.


We stand to make $1200/mo of rental income if we rent our Denver property out. This is before expenses, so I'm guessing it will be closer to $600 cash flow a month. I know no one can tell us what to do, but I'm curious to hear your opinions. What would you do? Thanks in advance. :)