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Updated almost 9 years ago on . Most recent reply

User Stats

61
Posts
8
Votes
Jace Thornton
  • Rental Property Investor
  • Abilene, TX
8
Votes |
61
Posts

Determining Rent

Jace Thornton
  • Rental Property Investor
  • Abilene, TX
Posted

I am looking to buy and hold a house for about one year and then turn it into a rental. I want to make sure that it cash flows well right now so that at the end of the year I will for sure cash flow. Does anyone have a way to determine what the rent would be for a SFR? Also I was talking to a realtor and I was told that I cannot count the rental income as actual income if the property does not have a two year rental history. Is that correct? Please let me know if you have any information in regards to this and thank you in advance.