Renting VS Buying
Renting offers flexibility, predictable monthly expenses, and someone to handle repairs. Contrary to popular belief, renting doesn’t mean you’re “throwing away money” every month, and owning doesn’t always build wealth “in the long run.” Homeownership brings intangible benefits. They include a sense of stability, belonging to a community, and pride of ownership, along with the tangible ones of tax deductions and equity.
Selling your Home VS Renting it Out
Are you looking to see which will help you better in terms of finances? This calculator is a great tool, but I am happy to sit down and go over it as well! Depending on the market, selling could get you a quick profit, where as renting your home out is a long term investment that could bring more profit in the end. Just depends what works best for you and your family at the time! Happy to help compare.