Rent vs. Sell - What to Do With an Existing Property After You Say "I Do."

Consider Renting

Today’s rental market is sizzling. If you need to move into another property due to getting married and can accommodate purchasing your new home without the sale of your existing property, now may be the time to consider renting it out.

If being a landlord seems like too much work, using a property-management company is an option. They often charge 10% of monthly rent and what they manage is the renter screenings, building or land maintenance, and collecting rent.

The benefits of renting your existing property include:

- The property’s value can continue to appreciate.

- Money earned in rent collection can pay for the property’s mortgage, insurance, taxes and maintenance.
 
As you can see, this is a great way to add additional income to the household.  Once the market shifts back to a seller's market, then you and your spouse can sell the property and get a bigger profit. 
 
Looking to lease your house.  Call The Newlywed Real Estate Agent @ 832-647-1769 or visit http://www.thenewlywedrealestateagent.com/.