Advantages in Renting Your Home

Renting your home can help you increase your equity and generate cash flow. Typically, the monthly rental price is higher than your mortgage payment, taxes and insurance. This means that you will have additional cash flow at the end of the month. Also, the tenants are making your mortgage payment and increasing your equity at the same time.

Home owners will choose to rent their home for several reasons. One reason is because home values are increasing in the area and they do not want to miss out on the additional equity. Another reason is that they may be upside down on their mortgage and they are trying to avoid the additional costs involved in selling. Also, homeowners may need to make minor repairs to improve their home’s condition. Renting may save them from having to make a lot of minor repairs since renters tend to overlook insignificant things that buyers notice.

Why You Should Use a Real Estate Agent to Help You Rent Your Home

Look for a Realtor® that has your best interest in mind. You will want an agent that is knowledgeable and is able to answer (or find the answers) to any questions you may have. Once you find an agent, you will sign a "Listing Agreement" to ensure that you are properly represented during your entire real estate transaction.

The Listing Agreement not only ensures that your agent works for you by doing exactly what you ask in a real estate transaction, it also gives the Realtor® permission to market your home and guarantee that it is getting exposure with other Real Estate Agents as well as the general public. This means a shorter amount of time the home is vacant and produces faster income for you!

The Advantages of Renting a Home vs. An Apartment

Renting an apartment means having a lot of restrictions placed on your daily life. In an apartment there is a lack of privacy since you have adjoining walls and must be mindful of your neighbors when watching television or playing music. Also, finding parking close to your unit may be an issue in certain complexes.

A house is a single-family residence that gives you the privacy of being the only occupant. Typically, houses offer more square footage for a comparable price of an apartment, and you also gain the benefit of having a garage and private parking.

Why You Should Use a Real Estate Agent to Help You Find a Rental Home

Look for a Realtor® that has your best interest in mind. Once you find an agent, you will sign an Agreement to ensure that you are properly represented during your entire real estate transaction. Your Realtor® will help narrow down homes and schedule times to tour. Working with a Realtor® will save time from spending endless evenings and weekends running around looking for homes or trying to search computer networks by yourself. When you tour homes with your professional Real Estate Agent, you will already know that the homes meet your criteria, are still available and are within your price range.

  • Your Contact Information

  • What Are You Looking For?