To Rent or Sell
So we are in the "MAYBE" stages of going full time, like i said, Maybe. We plan on it but still want a home base. This would allow us to come home in a few years if and or as needed. So before we sell...
Forum Discussion
If you don't have experience as a landlord...trying it out from 1000 miles away with the home you love, is a disaster waiting to happen.
If you rent it out, you still need to pull all your stuff out and you still need to wait for the lease to run out before you can get the house back...it's not just, "I'm ready to go home, we'll be there in 3 days".
I'm guessing you are retiring, so this may represent an opportunity to move to a new area or to a smaller house with the kids gone. It's a lot easier to make these choices based on a pile of cash in the bank as opposed to having to come back and sell the house.
If you rent it out, you still need to pull all your stuff out and you still need to wait for the lease to run out before you can get the house back...it's not just, "I'm ready to go home, we'll be there in 3 days".
I'm guessing you are retiring, so this may represent an opportunity to move to a new area or to a smaller house with the kids gone. It's a lot easier to make these choices based on a pile of cash in the bank as opposed to having to come back and sell the house.
