If you and your family are preparing to move, you know that buying and selling a home can be the longest part of the entire moving process, sometimes delaying a move for months at a time. Families are often separated while one spouse stays behind to complete the sale of a home, and worst of all: you are stuck paying two mortgages. So there’s got to be a solution here, right?
The easiest solution: Don’t sell your home: rent it!
Some homeowners never consider renting a property that they have used as their primary residence when it comes time to move; they simply hire a real estate agent, stick a sign in the yard, and wait for it to sell. If you have a lot of equity in your home, selling may be a wise move. But if you don’t have much equity, or even worse, if you are upside down in your mortgage, renting out your property is definitely a decision you will want to consider.
Renting a property can come with some hassles: ensuring you have responsible tenants who will make timely payments, keeping up with maintenance on the home and possibly responding to emergency maintenance requests in the middle of the night are just the beginning.
Luckily, there is an easy fix: Hire Triton Property Management to handle all the day-to-day hassles of property management. We take of care of screening and interviewing tenants, rent collection, scheduling maintenance, and handling tenant disputes.
With Triton, it really is possible to have the best of both worlds: keep your rental property as an investment, yet have the freedom of not having to deal with the everyday stress that comes with being a landlord.