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The majority of homeowners are sitting on a lot of home equity and have mortgage rates under 4%. Rising interest rates have left many homeowners wondering if it makes more sense to rent out their home instead of selling it and losing the low interest rate they have right now.
There are many factors to weigh when deciding if becoming a landlord is right for you but perhaps the most challenging thing is to decide if it is a wise financial decision. The best way to do that is to calculate the “Return on Equity”. This lets you know how well the equity you have in a property will perform as a rental versus if you sold and invested that money elsewhere.
We have simplified the process and will provide you with a comprehensive analysis showing your expected Return on Equity and a one page checklist of factors to consider when weighing up this important decision.
Just complete the form below to receive your completely FREE, no obligation report.
Please complete the info below to receive your FREE “Rent or Sell” analysis report.
Mortgage info can be found on your monthly mortgage statement. Don’t worry if you are missing any information, an approximate guess is fine.
Rent or Sell Analysis is brought to you by:
The Allison Team brokered by eXp Realty
1122 Mangrove Ave, Chico CA 95926
(530) 553-8224
info@AllisonResidential.com
Cal DRE # 02105385
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