Leslie Huggins
#376158 RPI Real Estate Services 1412 Russell Parkway, STE B Warner Robins, GA 31088 478-954-3774  |  478-954-5665

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25
Mar

Rental Property

Buying a second home and renting out your first may seem out of reach financially and a headache logistically. The truth is if you can afford to keep your home and rent it out while moving into another you should, by all means, consider it! ⁣

Just like most things in life, often the hardest part is getting started. Here are a few things to consider if you're even the slightest bit interested:⁣

• While any home can become a rental, price and location are two keys to rental success. In general, an in-demand rental home will be in the $75,000 to $200,000 price range. Bonus points if you're close to schools, shopping, dining, and public transportation.⁣
• Rentals must meet local code requirements, so make sure you’ve done your research there. After that, focus on curb appeal and fresh paint.⁣
• It’s worth your time and money to hire a real estate attorney to draw up the lease. You want to make sure you’re protected and your lease is enforceable.⁣
• When it’s time to track down tenants, Facebook and Craigslist are the top sites. For broader exposure, consider listing your home for rent with a realtor.⁣

If you’d like to talk more about renting your home, I’d love to. Remember, in a strong market (like the one we’re in), you’re likely to continue to build equity WHILE having your mortgage paid by a renter. Sounds pretty great, huh? 

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Your Dedicated Agent

Leslie Huggins

#376158 Mobile: 478-954-3774 Office: 478-954-5665

RPI Real Estate Services
1412 Russell Parkway, STE B
Warner Robins, GA31088
478-954-5665

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If you are ready to start your buying or selling process
give me a call at 478-954-3774 - I´m happy to answer all your questions.

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