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Updated over 6 years ago,

User Stats

191
Posts
99
Votes
Matt McGuire
Pro Member
  • Rental Property Investor
  • Montgomery, TX
99
Votes |
191
Posts

Being moved for work. Do I keep my primary residence and rent it?

Matt McGuire
Pro Member
  • Rental Property Investor
  • Montgomery, TX
Posted

I bought a house before I knew about Bigger Pockets and wasn't considering renting it. Now I'm being relocated for work and I'm thinking about keeping this house to rent. The problem is, I cant make the numbers work. Its a $300k house and the tax rate is 3.2% so PITI is $2150/mo on its own. I don't think I will be able to get that much in rent. But, it is in an up-and-coming neighborhood that I am confident will appreciate. What would you do?

  • Matt McGuire
  • Loading replies...