Forum Discussion

jffnkrn's avatar
jffnkrn
Explorer
Mar 14, 2019

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 it all, move on and then maybe decide we only want to travel a few years then come home. The option of renting our place to maintain the payment and have brick and mortar to come home to, or sell it all and then have to buy again if and when we decide. Options, Options, and more options. So we tap other experience for your opinion, experience etc.. Thanks in advance.

12 Replies

  • I manage a dozen rentals so I would say rent the house. Get top dollar and do not rent to friends and family. You may need a realtor or management company to find a tenant and manage while you are away. Costs will be more than you expect at times but it has worked well many years for me. This is business so don't make any screwball deals or cave in to some whiny tenants. Do need to provide a good place in proper working order and comply with local laws.

    OK to just sell too.
  • Have you ever been a landlord? I have. It is hard enough to control a tenant when you are local, impossible when you are gone.

    Who knows? You could get lucky.