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Updated over 7 years ago,

User Stats

19
Posts
1
Votes
Jerrad Dumont
  • Investor
  • Saranac Lake, NY
1
Votes |
19
Posts

Renting out my house or selling it?

Jerrad Dumont
  • Investor
  • Saranac Lake, NY
Posted

I am moving out of my house and into a bigger one in the same town.  I was going to put my house up for sale but then i was thinking about renting it.  Wasn't really sure what to do based on what i think i can get for my house.  Bought it for a little over 100,000 so my taxes and insurance included in the loan are about 900 per month.  If i rent the house for 1200 with nothing included except for water/sewer then i would be bringing in about 250 per month.  Is that good?  Should i be happy with that? 

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