All Forum Posts by: Pradyumna Vanam

Thank you! Any guidance you can provide how to find a good property manager in the are?

We moved to a new home but could not get to sell the old home yet. With the market on a down turn I am not sure selling is a good idea. I am starting to think if I should rent it out for an year or so. I tried putting the numbers together and looks like i will have a reasonable cashflow. My question is how do I know what updates (if any) should i do to get it ready for rent? Its in a live able condition but would that be sufficient to rent it out? What questions should i ask myself? Or is it easy to have the property reviewed by a property manager to het suggestions? This will be my first rental property so I am unsure about lot of things. 

I am moving so I either need to rent out my current home or sell it. I have decided to rent kn the new location to which I will move for an year. Does renting out my current home makes sense or selling it in this hot market? What are the things I should evaluate. I think if I refinance my home It will help cashflow wise since the market is up now.

Following are more details:

I own 226k on my current home.

I am sure it will be appraised for 340k.

The rents in my area is about 1800. So i can easily make a cashflow of 500$ after i refinance. Am I missing anything here or anything I should be thinking? Is it a wise decision to rent vs sell?

Hello!

I am looking for referrals of good investor's real estate agents who specialize in finding deals for SFH mainly for rental purposes. Any help is appreciated. Please let me know and I can get in touch with you for details.

I am new to Biggerpockets and I am glad i came across it. Lots of resources and plenty of opportunities for networking here !!