How do I know if this is a good time to rent my house out?


rent house
My wife and I are considering moving and renting our house out. We know that this is a good time to buy, but is it a good time to rent our house out? Is there a lot of demand for rental homes?
Sell and Rent Back

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  1. #1 by Jennifer F at April 17th, 2009

    it depends on where you live

  2. #2 by shorty_k_101 at April 18th, 2009

    I would say yes and no because alot of people are getting forclosed out of there homes right now and have no place to go but yet again it depends on were you are living at to.

  3. #3 by puk3uk at April 20th, 2009

    In theory it should be a good time to rent if there is a shortage of credit and people are nervous about buying. In some places there is a glut of rental property so it’s a renters market. Speak to some local rental agents and also have a good look around and see if there are lots of other properties like yours to rent in the area. Research is the key at the moment.

  4. #4 by dennis h at April 23rd, 2009

    I never rent to anyone with bad credit. (Min score 680) bad renters will destroy your home and you will be chasing them every month to get paid.
    I also would decrease the rent payment by $100 if they paid before the first of each month

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