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If You Can't Sell, Then Rent

Supply of rental properties rises

The number of properties up for rent has jumped as people who cannot sell their homes decide to let them instead.
Ref. Source 3

Rent Sell Cant If

It is a viable solution but only if their is a market for it. After all is any one in a housing market crash going to pay high rent went hey can go buy a house that is lower in price and in mortgage payment? Might be smarter to look at renting out rooms to help out on the mortgage payment.

If You Can't Sell, Then Rent History & Civil Business Politics

You have to be careful about who you rent to also. You are better off letting the house sit vacant until it sells if the renters are just going to trash the place. If you can get responsible tenants who will take care of the place it can help pay the mortgage until you sell. Or sometimes in a slow market you can find tenants who are willing to do a rent to own contract.

Rent Sell Cant If

That is a good point alskann! Also if the prices are low it might recover some before the contract term is up.

Rent Sell Cant If

Well it depends, if you are migrating for instance then it is preferable that you sell since you do not know who you will be renting to, who will ensure that the person/s pay the rent on time, etc.

If You Can't Sell, Then Rent

If you have to leave country or town it is wise to hire a professional managing company to look after the place. It eats up some profit but can pay off well when you go to sell and the building is still in good shape.

If Can't Sell Rent

krakyn I would agree with that if your budget to migrate is really good but usually isn't so every cent counts.

If Can't Sell Rent Politics Business Civil & History

Renting may be a good option if your house is in a location that you can get some descent people renting at an amount that it can be profitable for you otherwise you may get some tenants that just trash your place and lead you to more problems that you can't sell.