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Updated over 9 years ago,
Do large houses not rent out as well?
I am looking at buying a house in zip code 98042 but due to the size of the house I'm having trouble finding comparable rentals. It will be my primary residence but when I move from there eventually I want to make sure it's worth it from a rental perspective to be buying the extra space. The house is 3,600 square feet, 5 bedroom 3 bath, newer condition.
While I could still rent it out for a reasonable profit at what the smaller/average sized houses are selling for, ideally I would not put more capital into a house that is necessary for the same cash flow, thus freeing up more money for down the road.
The other alternative is to rent out 2-3 of the rooms while I'm living there, due to the sheer size of the house.