Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
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 2 years ago,

User Stats

12
Posts
3
Votes
Josh Goertzen
  • Inspector
  • Fort Collins, CO
3
Votes |
12
Posts

Sell or Rent- Moved out of State

Josh Goertzen
  • Inspector
  • Fort Collins, CO
Posted

I own a 1500 ft, 3 bed 2 bath house with 1.8 acres in middle Tennessee, recently remodeled and did some work installing a new filter system for the well, now better than city water. Bought it for $300K and have a monthly payment of approximately $1,500, then moved out of state for work. Now worth approximately $330K and have had it on the market to sell since August. It has been getting a lot of attention, was under contract once but didn't go through. Talked to property manager in the area and got rent estimate for $1800 to $2200 monthly, with other resources saying closer to $1800 so using this number. By my calculations, barely enough to cashflow. Trying to not pay two house payments, so would love input on what others would do with this situation. Thank you.

Loading replies...