Thursday, October 3, 2013

To rent or not to rent? That is the question.

Have you ever rented out your house??

It is currently a buyer's market, to the extreme, where I live. With an aging population, more and more people are selling their homes and moving into apartments and condos, leaving many more houses on the market than there are buyers.

So what do you do? Do you sell your house at a loss or do you rent it out?

I have so many concerns about renting. The thing that plagues me most is- what if the tenants all of a sudden move out and we're stuck with a mortgage payment we can't afford?

Out of the few people I know currently renting their homes, only one is having a positive experience. Ugh.

I need advice from someone who doesn't know me personally.

Bring it on! Thank you in advance. :)

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