Talk of The Villages Florida - View Single Post - Leasing your old home
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Old 08-02-2012, 07:47 PM
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I also have a house in IL that I now have had 2 contracts on, both of which have fallen through. Financing problems. The market is picking up here quite a bit, but is also unstable. While it may be better to try to sell, I can also tell you that I have an investment property in Florida which I have rented out for the last 30 years. One of my renters has stayed for 7 years, another for 5 and several for 3 years. Only once in all that time have I had a real problem with any lessee, and terminated their lease. I think with the market the way it is, if you can afford to do so, you may be better off renting it for a few years and then selling at a higher price. Just my opinion....
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