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Updated almost 3 years ago, 02/21/2022
Sell or Rent 20 y.o. SF
SF purchased over 20 yrs ago for 125k. Owe 95k. Being offered 290k to sell. OR, what's the right rent amount to charge to keep home but move out and have a property management company manage it as a rental? Home is in need of approximately 10k in repairs/updates, will add guarantors insurance (it's my first rental) and I anticipate next year's taxes to be around $2150 (based on the percentage of this year's taxes to value). If you've got experience with this, I'd really appreciate the number for rent and any of your insights too. Thx