Home › Forums › Other › Should I sell or rent out house? › “ I get 4.1-4.5K easily on
“ I get 4.1-4.5K easily on homes worth 1M for comparison.”
Well it doesn’t hurt to list for 8k and see if anyone bites. Also easy to see if 8k gets better or worse than his place on zillow.
But the rental pool thins out really fast as you head upmarket.
The supply of people with 100k in annual rent is small because the tax advantage of owning is huge at that 200-350 household income level.
At 2.3m, the purchase price also reflects a trophy property / ownership premium above its utilitarian rental value.
