Is it better to sell my house or rent it out?
It is a tough decision to know whether to sell or rent out a house. First, I would recommend deciding how involved you want to be in the process. Here are several scenarios that could take up your time:
- Rent it out and manage the property yourself
- Rent it out and hire a property management company
- Sell the house by owner
- Sell the house on the market with a realtor
All the options put money in your pocket, which is good! Renting it out would generating smaller amounts of income. You can save more money by managing the property yourself, but that does require time and effort, which not every homeowner has. For homeowners planned to keep their property long-term, it is helpful to hire a local property management company to handle the property for you. This is where real estate becomes as ‘passive’ as people describe it. You will have to pay property management a fee. In Philadelphia, this typically ranges from 6-10% of the monthly rental income.
For homeowners who plan to cash out with a quick house sale, you can sell your home and receive a potentially huge payout. There are taxes, and other fees, that come along with selling a house. However, the upside could be great. If you are curious about what your house is worth, contact us to learn about the home buyers Philadelphia can offer you. By selling your house by owner, you can work with cash home buyers that can help you to sell your house quickly. If time is of the essence, this is a great option for homeowners.
Who is the best company to buy your house?
In the city of brotherly love, there are plenty of home buyers to sell your house to. There are small, mom-and-pop companies. Additionally, there are national corporations that service multiple states across the country. Which company is the best fit to buy your house?
Brotherly Love Real Estate is a local small business in Philadelphia, PA. We help people through one of the most important investment decisions of their lifetime by seamlessly providing fast, honest, and professional real estate services. I describe us as the opposite of Walmart because we are not a large corporation. We work personally with you, 1-on-1, to help you figure out your timeline, goals, and how much money you want to put in your pocket. Contact us to learn how to sell your house quickly for cash today.
Since we buy houses as is, this means you don’t have to do any repairs or cleaning before selling your house. Our goal is to work around your schedule and give you options based on what you have going on with your house. Brotherly Love Real Estate is the best company to buy your house because we truly go the extra mile for homeowners, regardless of the situation. We’ve been buying houses in Philadelphia for many years, and bring experience and credibility to help with any situation. If you have thought that I need to sell my house fast for a cash offer, we can help. Our team specializes in big home projects. We are willing to work with homeowners and help you sell your house with ease.