Before you list your property, consider whether keeping it as a rental could be the smarter long-term move.
If you’re planning to buy a new home, selling your current one might seem like the obvious next step. But depending on your goals and the local market, renting it out instead could offer strong financial upside. Here’s what you need to know to make an informed decision.
Turning your home into a rental property can open the door to:
Monthly rental income that helps offset your mortgage and expenses
Long-term equity growth as tenants pay down your mortgage
Potential appreciation if your home increases in value over time
Diversified investments beyond just your primary residence
đź’ˇ Pro Tip: We'll help you run the numbers. Estimate your rental income, deduct expenses (mortgage, insurance, maintenance, etc.), and evaluate if the cash flow justifies keeping the property.
Is now a seller’s market?
Is your home in show-ready condition?
Could you get a better price in the future?
Can the rental income cover your monthly expenses?
Are you financially prepared for a vacancy period?
What are the upfront costs to make the property “tenant-ready”?
What are the tax or capital gains implications?
Are you ready to take on the responsibilities of a landlord?
âś… Market analysis & rental evaluation
âś… Tenant screening & lease management
âś… Access to legal, tax & mortgage professionals
Let’s explore if renting out your current home makes more financial sense for your future. Book a free consultation and learn what’s best for your property—and your financial goals.