Should You Sell or Rent Your Colorado Springs Home?

Colorado Springs Real Estate Podcast with Donny Coram

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Today, I want to discuss a topic I come across a lot: whether you should sell your home or keep it and rent it out.

There are a lot of things you want to take into account before making the decision to sell or rent your home. The very first thing to consider is your ability to be a landlord. Can you stomach dealing with tenants who trash your property or who make it difficult to collect rent? While these things shouldn't be taken lightly, they are extreme situations - they don't happen as often as you might think.

The next thing you want to do is have a market analysis done so you can determine how much you can get for rent. We will help you find out how much you can get for rent, so you can compare it against your monthly mortgage payment and see if being a landlord is right for you!

Really, there is no right answer when it comes to selling or renting. The pros and cons vary on a case-by-case basis. The best thing you can do is sit down with us for a free, no-obligation consultation, where we'll assess your particular situation.

We would love to be your consultant, so that you make informed, and ultimately profitable, decisions in our marketplace. Give us a call or shoot us a quick email to chat about your options, or if you need real estate assistance of any kind. We're always here to help!