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Should I Sell or Should I Lease Out My Home, Townhome or Condo?
| This is a question we hear quite often in talking with our clients these days. If this is a question you or someone you know has been pondering, we can help you arrive at a financially sound decision based on the facts. The following items must be examined before you can make a sound decision: - Your Cash Flow.
- Your Expenses.
- Your Property’s Market Rental Value.
- Current Market Conditions.
- Leasing with a Negative Cash Flow.
If you’ve lived in your residence for a number of years, it’s possible that leasing, even with a
negative cash flow, may still be an option to consider when you take into account the potential tax
benefits/consequences? As an owner/landlord you can write off the mortgage interest and depreciate
the asset on your taxes amongst other things. Ask your personal tax advisor or accountant detailed
information about the tax implications of turning your residence into an investment property.
Being a landlord will not be for everyone. - Whether you are up to the new role of "Owner / Landlord" or whether you will need to obtain
the services of a property management company to manage the property for you.
|  | If you want to turn your current residence into an investment property and purchase a new primary residence, there are also many New Lending Guidelines to
consider that will impact your decision or whether you should “Sell or Lease?” in today’s market. Together we can flesh out the possibilities you may not have considered as well as other options that are better mapped out on paper. This is how a trusted
Real Estate Advisor can be of help to you. Practicing collaboration by gathering multiple decision-making factors will empower you to make an informed, sound financial decision. We are here to assist you, your family, friends and business associates in making the best financial decision possible. |
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Contact Us Now for a Free, Confidential, No Obligation Consultation…
We look forward to hearing from you.
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Mark Fisher & Associates Only Provides Residential Leasing Services
for Renters / Tenants in the Following Georgia GA Cities:
Alpharetta, Buckhead, Buford, Crabapple, Cumming, Duluth, Dunwoody,
Flowery Branch, Johns Creek, Milton, Roswell, Sandy Springs, Sugar Hill and Suwanee.
Mark Fisher & Associates Only Provides Residential Leasing Services
for Renters / Tenants in the Following Georgia GA Counties:
North Fulton, Forsyth, West Gwinnett (West of I-85) and South Hall County.
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