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 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 1 year ago on . Most recent reply

User Stats

11
Posts
3
Votes
Joanna Mendoza
3
Votes |
11
Posts

Rental Calculator Question and advice needed

Joanna Mendoza
Posted

Hi, we're about to buy a house, move in there, and have our current house rented. When I put in the values of our current house in the Rental Calculator, it says "low confidence". I am not really understanding what that means so I appreciate if someone can explain it to me patiently. Does that mean our property is not a good rental property? Inversely,  does a high level of confidence mean that a property is  a good rental property to buy? 

The house we're buying to transfer to is in pre-construction and is estimated to be finished in 6-8 months. Do we vacate our current house by May to list it for rent by June or do we stay here until the new house is finished? If we list it by the time the new house is finished, will people still be renting around December?

Thanks!

Jing

PS: We're fetuses in terms of real estate investing knowledge...

Loading replies...