When you’re ready to move, deciding whether to sell your house or rent it out is a big decision. Many homeowners today are drawn to the potential of renting to build long-term wealth, with Zillow data showing that two-thirds of sellers consider renting before listing. However, renting isn’t without challenges—it involves ongoing management, handling tenant issues, and covering costs like mortgage payments, landlord insurance, repairs, and property upkeep, which can cut into potential profits. To decide if renting is right for you, consider whether your home is a good fit for the rental market and if you’re prepared for the demands of being a landlord. For some, renting can offer financial advantages, while for others, selling may provide a simpler path. Consulting with a real estate professional can help you make the best choice for your financial and lifestyle goals.
