May
31
How do I know if this is a good time to rent my house out?
By
My wife and I are considering moving and renting our house out. We know that this is a good time to buy, but is it a good time to rent our house out? Is there a lot of demand for rental homes?
Related posts:
- How do I know if this is a good time to rent my house out?
- What is the legal age to rent a house in Michigan?
- Buy a House or Rent: Your Compare and Contrast Charts for a Smarter Decision
- Does it cost around the same amount of money to rent a house, as it does to rent an apartment?
- Sell and Rent Back My House- Advantages
4 Comments
June 2nd, 2010 at 9:58 pm
it depends on where you live
June 3rd, 2010 at 3:03 pm
I would say yes and no because alot of people are getting forclosed out of there homes right now and have no place to go but yet again it depends on were you are living at to.
June 5th, 2010 at 4:47 am
In theory it should be a good time to rent if there is a shortage of credit and people are nervous about buying. In some places there is a glut of rental property so it’s a renters market. Speak to some local rental agents and also have a good look around and see if there are lots of other properties like yours to rent in the area. Research is the key at the moment.
June 7th, 2010 at 11:09 am
I never rent to anyone with bad credit. (Min score 680) bad renters will destroy your home and you will be chasing them every month to get paid.
I also would decrease the rent payment by $100 if they paid before the first of each month