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All Forum Posts by: David Ross

David Ross has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: How to analyze rental after converting from primary residence?

David RossPosted
  • Phoenix, AZ
  • Posts 2
  • Votes 1

When calculating your 1%/2%, what did you use for your purchase price?  The original amount you bought home for before living in it, or an adjusted amount at the point you moved out and made it a rental?

0 Votes
Buying & Selling Real Estate

Post: How to analyze rental after converting from primary residence?

David RossPosted
  • Phoenix, AZ
  • Posts 2
  • Votes 1

Hello BP!  I have seen the instructional video on how to analyze potential new rental deals, but am wondering how to analyze a property after living in it.  Specifically, on the purchase price part of the equation, would it be the original purchase price or whats left on the mortgage at the time of converting from a primary residence to a rental?

1 Vote