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Updated almost 4 years ago on . Most recent reply

User Stats

26
Posts
3
Votes
Sergio Rios
  • Lender
  • La Porte, TX
3
Votes |
26
Posts

Buying a new house and renting my current one - but...HOW?

Sergio Rios
  • Lender
  • La Porte, TX
Posted

This post is kind of half asking for advice and half giving you my master plan and seeing if my plan sucks.

buying a new house and plan on renting my current car be out. My mortgage is $933 and rentometer.com says the average rent for a comparable house is $1,547. (Sounds pretty good to me)

Question 1: How trustworthy is rentometer.com or is a CMA from a realtor more accurate?

I have a few things that I need to address but I don’t know what is NEEDED and what’s elective. I don’t know why to prioritize. 

  1. Examples:
    garage door openers are broke
  2. Master shower doesn’t work
  3. Uneven backyard needs dirt
  4. Washer/Dryer on last legs
  5. Small little paint imperfections
  6. Kitchen cabinets need some sanding 
  7. Question 2:
  8. What are the main things I should make sure are good before renting?
  9. Any other advice is welcome too

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