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All Forum Posts by: Hannah Trent

Hannah Trent has started 1 posts and replied 2 times.

Starting Out

Post: Getting started in Rental Property investments!

Hannah TrentPosted
  • Posts 2
  • Votes 2
Quote from @Nathan Gesner:
Quote from @Hannah Trent:

Welcome to the BiggerPockets forums!

Run your home through the BiggerPockets calculator under TOOLS. See how it performs as an investment. If it's making a good return, then keep it. If it's a stinker, sell it and invest in something that produces better results. I personally believe you should never sell a property unless (a) it's failing to perform, or (b) you want to use the money to buy a better investment.

/Here's a guide that describes what good cash flow looks like and how to analyze a property.

https://www.biggerpockets.com/...


 Thank you! I will look into using that!! 

1 Vote
Starting Out

Post: Getting started in Rental Property investments!

Hannah TrentPosted
  • Posts 2
  • Votes 2

Hi! I'm Hannah and am new to BiggerPockets, I am just dipping my toes into the idea of getting into renatl properties. Recently I have found myself in a predicament of either selling my current home and using the profits to invest in rental properties that way or throwing around the idea of renting it out. I got my home in 2020 so my interest-rate on my mortgage is extremely low at 2.9% so I'm not completely sold on the idea of selling. Looking for advice and opinions, always open to new ideas. 

Looking forward to connecting! 

-Thank you! 

1 Vote