Best answer
If you don need to sell your house to get into your next one,you might considerrenting it outfor a while so you can enjoy some passive income攖hen sell later when the time feels right.
People also ask
Should you rent or sell your home?
Selling or renting your home if it needs repairs. When repairs matter: In general, the condition of the home matters less to potential renters than buyers. So, if the home could use some work, it might make more sense to rent the property than make all the upgrades necessary to sell. Big-ticket items: Regardless of whether you rent …
Can I Sell my House and still own another?
If the professional advice is to sell your home, then it may be possible to trade down to a smaller property or to a cheaper area and still own a home, or you may be able to use a government-subsidised scheme such as Help to Buy or Shared Ownership to buy another property. Alternatively it may make sense to rent?/div>Should You Rent Out Or Sell Your House? | TheAdvisory
Is it better to rent or sell a house with repairs?
Selling or renting your home if it needs repairs When repairs matter: In general, the condition of the home matters less to potential renters than buyers. So, if the home could use some work, it might make more sense to rent the property than make all the upgrades necessary to sell.
Should I Sell my second home instead of being a landlord?
You檙e not interested in being a landlord: Overseeing a rental property can be stressful and time consuming, and if the rent you檇 be able to charge wouldn cover both your mortgage and property management costs, it might make sense to sell instead of becoming a DIY property manager. What are the taxes due on a second home?