It may not always make sense to sell your home. If that’s the case, renting it could be a good option. But understanding the rental process and using expert help will alleviate extra stress. Dr. Danielle Babb is the author of The Accidental Landlord. She shared five top tips for homeowners who are considering renting their home.
Emotionally disconnect from your home. As you can imagine, this can be a very difficult thing to do — especially if you’ve lived in the house for a long period of time and maybe your kids have grown up in it — but it’s an important step. It can cause some emotional distress and you may find yourself too attached for the new tenants liking and their privacy rights. When you make the decision to rent out your home, it needs to feel similar to how it would if you were selling it to someone else, says Babb.