Property Management – Sherman Oaks
Sherman Oaks Property Management
Studio City Property Management
Encino Property Management
When it comes to deciding whether you should rent or sell your house, are you worried you’ll make the wrong financial moves? Here’s how to make the right call.
When your current home no longer suits you, selling it is a popular option, but in some cases, turning it into a rental home makes more sense.
There are lots of factors to consider when making the “sell vs. rent my home” decision, including:
- Your financial situation.
- Local market conditions for rental homes.
- Your future housing plans.
- Your tolerance for being a landlord.
- State and federal income taxes.
- Current and future home prices.
If you want to make your decision based solely on finances, use Forbes’ online calculator to compare the return on investment for renting or selling your house to a hypothetical 5.7% Treasury bond yield. The calculator has got some flaws — it doesn’t consider what you’ve already invested in your home — but it’s a quick overview that can help nudge your decision one way or the other.
Carnahan Property Management services Woodland Hills,West Hills, Calabasas, Canoga Park, Tarzana, Reseda, Topanga, Encino, Northridge, Van Nuys,North Hills,Chatsworth, Sherman Oaks, Studio City, North Hollywood, West Hollywood, San Fernando, Granada Hills, Mission Hills, Simi Valley, West Lake Village, Agoura,Toluca Lake, Valley Village, Burbank. Call us at (818) 884-1500 and check if we can service your area.
