Should you sell your home or turn it into a rental property?

With mortgages rates climbing above 7%, some sellers are choosing to hold onto their properties and rent them out instead. NBC’s Vicky Nguyen reports for TODAY on what to consider before deciding.
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#economy #homebuyers #rentalproperty

[@Jezballz]

Do not rent,I know people who did and it's a nightmare if you get losers and other scum.

[@mbyrd6713]

It would probably only make sense to rent if there was a way to protect yourself from people who destroy your property because they can’t be criminally charged for vandalism.

[@snatchinitback4635]

These "pretty" optimistic videos are such lies. The reality is your renters will *not* pay their rent, leaving you having to cover the mortgage. Then something will break - but as a landlady, you are expected to make the house habitable, thereby requiring you to make repairs even when a renter is *not* paying. Before you know it, home owner's insurance and taxes are due. And on, and on, and on ... Owning a rental is never as "clean," clear-cut and passive as it's claimed to be, *not* even when you have a property manager!

[@mm7846]

Sell at low price so I can get a deal. Just saying 🤷‍♀️