‘Should I Sell or Rent My House?’ How to Weigh the Pros and Cons
Renting out a house can be an option when you’ve got to move but you aren’t quite sure if it’s time to sell. Sure, many homeowners who need to move decide to sell their current home so they can have plenty of cash to buy their next digs.
Owning rental property, after all, brings in predictable, long-term income. But make no mistake, backing into a landlord role comes with some hefty responsibilities—and no small amount of headaches.
Here are some questions to ask yourself to help you decide which road is right for you.