Home Not Selling? Consider Renting it Out!

Home Not Selling?  Consider Renting it Out!

If your home isn't selling, you may want to convert it to a rental property.  If you are in a situation where you must sell your home but aren’t able to sell at a price that will pay off your mortgage, you may want to convert your home into a rental property!  Renting out your home can lessen the financial burden, and you might even be able to turn a small profit!

Here are reasons why renting out your home might make sense:

-You temporarily need to relocate to another location but may move back in the future.

-You can't sell your house for an acceptable price now, but plan on keeping to sell later at a higher price.

-Rental income provides cash flow that may cover your mortgage, taxes, insurance and other expenses.

-Mortgage principle balance continues to decrease monthly.

-Rental property tax breaks offset rent or other income. (See your Accountant for details).

Looking for a professional Property Manager to handle all aspects of your rental property?   If your answer is yes, look no further! 

Acuity Group is a full service Property Management company, located in Elk River, MN. We specialize in leasing and management of residential homes.

Thinking of Renting Out Your Home? Click HERE to Schedule a Free Rental Analysis

Acuity Group Real Estate Professionals
564 Dodge Ave Suite A
Elk River MN 55330
Office:  763-633-3535

OUR SPECIALTIES:   Residential & Commercial Seller and Buyer Services, Property Management & Residential Rentals,  Residential and Commercial Investment Property Specialists, Listing & Marketing Specialists, CDPE (Certified Distressed Property Experts), Short Sale Specialists, REO/Bank Owned Sales.  Golf course properties, water front properties, acreage & hobby farms, vacant land, condos & townhomes, industrial/manufacturing/retail properties, association maintained properties, senior housing, luxury homes, vacation & secondary housing.

Serving the following Minnesota Counties:  Sherburne, Anoka, Wright, Hennepin and portions of Isanti County

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