Residential Real estate Investments are still regarded as one of the best vehicles to grow personal net worth. Today's interest rates are at historical lows.
If you can afford to buy your new home without selling the current home, renting may produce a better long term result than selling. This is especially true if you are in an area where home values are expected to appreciate over the next several years.
I asked Jake Durtschi, the owner of Jacob Grant Property Management for advice. This was his response -
Thank you for reaching out! These are a few questions I would ask --myself if I was considering renting vs selling.
- Acting like a homeowner includes connecting emotionally with your home:
-making improvements to maximize