You’re considering your options: Is it the right time to sell your home (HomeProp can help you with that!), or is it worth the risk to rent your home and become a Landlord?
Great question, and no time like now to consider the pros and cons. Maybe your rental income won’t fully cover your mortgage. Can you afford the differential if that is your reality? Perhaps the equity in your home has become a nice savings-account for you, and you don’t mind continuing to invest in this asset that you know so well.
There are lots of great reasons to rent your home instead of selling it. Learn some of those reasons here.
Then ask yourself these questions to determine if renting your home is the right decision for you.