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.

  • Is now a good time to cash out your rental property?

  • If you have several years of strong price growth behind you, it could be a good time to cash out. You couldn charge enough rent in relation to the home value. Kurzner points out that as homes increase in price, they become less desirable as rentals because the return of rent goes down.