Should You Rent Your Home Instead of Selling It?
When it’s time to move, you usually think: Sell the house.
But lately, more homeowners — especially around Baton Rouge and Prairieville — are asking:
"Should I rent it out instead?"
Here’s how to know what’s right for you:
โ Pros of Renting Your Home
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๐ฐ Monthly Income: Steady rent payments can build wealth.
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๐ Long-Term Appreciation: Let your home grow in value while tenants cover the mortgage.
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๐ก Tax Benefits: Deductions on mortgage interest, property taxes, and maintenance.
โ ๏ธ Cons of Renting Your Home
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๐ง Maintenance Costs: You’ll still be responsible for repairs.
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๐ Vacancy Risk: If a tenant moves out, you cover the payments.
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๐ Tenant Risk: Not every renter treats your home like you would.
โ Signs You Should Rent It Out
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You have good cash reserves for emergencies.
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The rental market in your area is strong (hint: Southern Louisiana = strong rental demand!)
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You’re willing to hire a property manager or handle landlord responsibilities.
โ Signs You Should Sell Instead
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You need the equity from your current home for your next purchase.
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You don't want the hassle of being a landlord.
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Rental income wouldn’t cover your expenses or provide a profit.
Renting vs. selling is a personal decision, but it should always be based on math, market conditions, and your lifestyle goals.
At Southern Homes Team, we’ll help you crunch the numbers — no pressure, just clear guidance.
๐ Want a free rental vs. selling consultation?
Call or Text Southern Homes Team!
๐ฑ (225) 268-1110 | ๐ง calltracymathis@gmail.com
๐ Visit our website
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