If you already own a home and are thinking about moving up, you have a big decision: sell or keep it as a rental. There’s no one-size-fits-all answer — but you can make the right choice if you look at the numbers.
Equity matters. Many long-time owners built real equity because home values increased over the past few years. That equity can help pay for your next home or reduce your mortgage payment. National Association of Realtors+1
But renting it out comes with risk. You have to think about taxes, insurance, maintenance, unexpected repairs and periods of vacancy. It’s not free money — it is managing a property.
I walk clients through:
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A net sheet: what you’ll walk away with if you sell.
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A rental budget: what realistic rent looks like after costs.
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How keeping or selling affects your ability to qualify for a new loan.
Your home should work for you — either as your place to live now or as an investment for the future.
If you are unsure whether to sell or rent your home, message me on the site and we’ll run the numbers together.
