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Updated almost 10 years ago,

User Stats

12
Posts
2
Votes
Alonzo Garza
  • San Antonio, TX
2
Votes |
12
Posts

New to BP, just started looking for my first rental property.

Alonzo Garza
  • San Antonio, TX
Posted

Hello all, my name is Alonzo from San Antonio, TX.

I am currently crunching numbers to see what makes most sense for the following 2 scenarios:

1. Stay in my current home and buy a comparable or smaller home with great rental potential.

vs.

2. Rent out my current home and move into a slightly larger home (which will eventually become my 2nd rental).

I'm crunching numbers for the following:

  • What to charge for rents in my area based off comps and Gross Rent Multiplier
  • Use a Rental Mgmt Co. or do it myself (Just read this great book). 
  • I don't have my real estate license so I'll have to use an agent to for MLS research.

Any advice or encouragement is welcomed.

-Alonzo

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