How much should I rent my house for?
156214
I would make sure my mortgage payment and any monthly maintenance cost are  included in the monthly rent.
91765
Whether you should rent or buy really depends on a lot of factors.  If you only need a place to live for a short term, you should rent.  If you want a place to build equity over the long term, buy.  However, if you buy now, don’t expect to see the massive increases in property values we’ve seen over the past few years.  The housing market is cooling some, so prices are leveling off.   That in mind, the housing market has historically performed very well as an investment.  I wish you all the luck in your venture.
536353
Over the long haul, you'll make more money renting if the property values are increasing in that area.  HOWEVER, there are risks in renting like shady tenants who don't pay or trash the place, and there is a lot of upkeep in between the tenants that will cost you.  So it's really up to how much work you want to put in.  Also, if you can't find a tenant then you're paying your current rent plus the cost of the flat, so that should be considered.
58210
I own a fourplex and a house.  I love receiving rent check but you also have to keep in mind you will be the landlord if you don't use property management.  It's also depends on if you really need the money from selling your home.  You could sell it and invest or you could keep it and collect rent for 15 years and the sell it.  By doing that you have made money on the rent "maybe" and the house may be worth more by time you sell it.  Or my favorite, you could keep it and rent it out forever and use it as a retirement check so to speak and when it falls down just use the insurance money to rebuild. ;)
798521
It should be 50/50 for rent, bills, etc. If the bills cost 3000 then you should pay the 1500. But I wouldn't pay all the bills - no more than half.
469238
I think do your sums, \n\nGolden rule, never buy anything for more than 7.5 time the annual rent.
999150
It's a good idea, simply because homes appreciate over time (maybe a lot of time, but they generally do).  \n\nYou have to take into consideration what the mortgage and taxes and insurance will cost you on a per month basis.  Then you have to figure out if you can rent it for that figure.  If you can, or can get more, is it worth the extra tax for the income?  If it's not, do you need the loss for your taxes?  \n\nRemember, when it's time to sell income property, you have to pay taxes on it unless you do a 1031 exchange, but that just means you're buying into another income property.  \n\nFinding good renters can be hard.  Can you pay for the house if it sits for a couple of months unrented?  Do you hav e the time to really check out a potential renter?  To be a landlord?\n\nThere are a lot of pros and cons.  If you have the time and the resources, by all means, hold on to it because real estate is a great thing to have.  But it's a lot of work too!\n\nGood luck  :)
1140204
depends on your lifestyle, you like to move around, rent , if you are looking for something set then make the jump on something while the market is down then renovate and sell. or stay which ever. apprasials are going up for taxes, that is something to think about talk to a realitor, but they get about 6% of sale price and dont think about owner finance its not good for that. good luck
827994
Welcome to the great world of being a landlord. Amazes you what people are capable of, no? I've been a landlord for 20 years and figure I'm batting about .950 which, as you now know, is excellent.\nSounds to me like you are up shit creek without a paddle. You can't get blood out of a turnip, so the only thing you can do is pick up the pieces and move forward. Don't know about the rental market where you are but "Section 8" folks can go either way. Good deal or bad deal. Sounds like you got the latter. Bummer. Round up a friend or two, buy a case of neer and a couple pizzas and get in there and clean it up. Yes it sucks. Yes, your tenant should have done it. Add this to your long list of Landlord Things to Get Over. Take the bucks from housing assistance and do the repairs you can. Your house will be worth WAY more if you decide to sell with doing as much as you can, rather than as-is. Trust me the effort will pay off in spades. Now, tell yourself this: Everyone should be so fortunate to have these problems. I know this sounds wierd, but you are wealthy enough to have a spare house you don't even live in. 80% of the world is just trying to get enough to eat today. I know, its hard to see it that way, but I've learned never to bitch about my rentals, as everyone should be so lucky.\nSo get over the shock and anger, get a broom and GET IN THERE. \nShould you decide to be a landlord again, there are a number of really good books out there. Number one consideration of all is who you put in your house. You learned it the hard way.\nSincere good luck. HB
344078
To evaluate rent or buy, you should first consider the "equivalent mortgage" from your current rent payment.  To calculate that, you need you and your roommate's tax bracket.  \n\nLet's say both of you are on 35% bracket and you pay $1000 total for rent.  Since mortgage interest (under $1M mortgage) and property taxes are tax deductible, your 1000 rent money can be roughly equated to $1538 (1000/0.65). So if you get a mortgage that's around $1538, then it's financially equivalent to paying the rent.  If the mortgage is higher, then you're paying for the "emotional feeling" of home ownership.  If the mortgage is lower, then you're getting a bargain compare to your current rent.\n\nDo think twice about whether you want your roommate to be a joint owner of a real estate property.  When you want to sell, both need to agree.  The situation might be even tougher, if both of your names are on the mortgage, but he/she cannot make the monthly payment.  If something goes wrong, both your credit scores will be jeopardized.
725765
I think you mean RENT..\n\nAnd nobody can give you a reasonable answer because you didn't ask a question. 'Rent and the price of the house rent' doesn't give us anything to go by. Try actually ASKING something..
1152038
All depends on how much you are looking to spend.  If you've got $4000 a month, Ill rent you my place, LOL.
723950
Your mortgage payment should be around 35% or less of what your income is.\n\nIf you want specifics, tell me your income and I'll tell you how much house you can afford.
10605
Hi I'm looking to buy a place also. You are somewhat younger then me, I'm 25. I think that a house is always a sound investment for people who can stay in one place for a long time. I would suggest talking to a real estate broker about your finances. But the real question you should ask yourself is, “At this young age am I ready to stay in this home for at least 5 years?” If the answer is no then I would continue to rent.
1179007
Three family homes in my area go for 350k-450k on average.  (350k or 450k / 3 Apts)*1% = $1167 or $1500/mo\n\nSo in my area (north of Boston), I would say your formula fits.  But housing in MA is fairly expensive.  This rate may be too high for other areas were the cost of living is significantly lower.\n\nAs a rule of thumb this could be a good 'guesstimate' of what ball park you should be in; but you should adjust this for neighborhood area, quality of space, cost of living, and other factors.
282181
In my experience the average rent/contract price increase from year to year is in the range of 4%-6%.  However, you must factor in that you are in the San Bernardino area, which I am under the impression is a good place to be.  So you may want to add a couple more percentage points.  I would not recommend going above 10%.
474740
Better idea....\n\nPAY YOUR RENT.