All Forum Posts by: Sowjanya J.

Thanks to each and everyone who took some time to reply with all valuable suggestions. We decided to sell our house. From now will go over some other threads in this site. They all have very useful information.

Sorry being a newbie here takes sometime to understand the forum and how replies work :). Also could you please suggest any good books for rental investment, as words like BBBB and MF and multi-family syndicators are jargon to me.

I just looked into this site and will follow all the forums here to understand.

Thank you for your kind responses and replies, we chose that as our primary residence and never planned to rent it out, but last minute before moving rented it instead of selling. 

I really appreciate the time you guys took to help me, trust me we are completely dual minded whether to sell or hold and all the opinions here are the same and gave us confidence to sell.

@Justin R.

Thank you for the reply here are the answers:

1: Bought it for 570 in 2010.

2: It might sell for 780 and rent is 3300, still have a mortgage though.

3: Plan to invest somewhere, don't have any idea though for now.

That was our first house but moved out, and as a newbie cannot decide Goal is to use the amount for investment in rental properties.

@Basit Siddiqi

We move out of the house 2 years back and rented it back then. Yes the cash flow is very low but I am not sure how the appreciation might be, if we have to hold its only for appreciation.

Hi,

This is my first post in this site and a newbie. We have a home in San Diego and moved out of state and rented it for couple of years. The house is in a very good neighborhood, and goes for rent easily and also appreciated from when we bought it. It was our primary residence before renting it out. For us to get the tax benefit we have to sell this year. 

We cannot make our mind whether to sell or keep renting it out. How would you all decide and calculate ROI and any help appreciated.

Thank you!