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re: Rent or Sell?

Posted on 8/26/13 at 11:24 am to
Posted by C
Houston
Member since Dec 2007
27845 posts
Posted on 8/26/13 at 11:24 am to
What type of monthly rent would you get? If you can get more than $1500 I'd certainly rent. Less than $1000 I'd probably sell. Is the local university a place your kids may end up going?
Posted by Vlad
North AL
Member since May 2012
2605 posts
Posted on 8/26/13 at 11:36 am to
I talked to a neighbor a few weeks back, he goes through a leasing agency that charges 350-400 per student. His house is 3 bed 2 bath. So, if that stands true, it would be 1400-1600 a month with %10 staying with agency. As for my kids going there, possibly. But, even if they do, our current house is only 15-20 min from campus.
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