MY JOB IS MOVING ME
Brought to you by Advantage Asset Management – A Houston Property Management Company
The Houston metroplex is a major hub for the energy, medical, financial, and personal services industries. We are one of the most international cities in the world, and the companies here reflect that. A side effect of this is that it’s extremely common for people in Houston to be asked to move for their careers, possibly domestically and very often internationally. exciting, moving can also cause a lot of stress, especially for folks that own their home.
I’VE DECIDED NOT TO SELL, BUT HOW CAN I RENT IT OUT IF I DON’T LIVE IN TOWN?
If the homeowner has only been in the home less than five years, the fees from the initial purchase, lack of home price appreciation, and fees required to sell a home can often make selling cost prohibitive. If it’s not cost prohibitive, this still provides an opportunity to look at the option of renting instead of selling. However, this raises another set of concerns.
• How do I know what my home will rent for?
• What if there’s a major maintenance issue, how will that be addressed, especially if I’m overseas? • How will I receive the monthly rent payments quickly if I’m not close to my rental home?
• How quickly can the home become rent ready?
• How will I stay up to date with what is happening with the home?
REAL LIFE STORIES
(names changed to protect anonymity)