Are You A Reluctant Landlord?

“I work with folks who relocate out of the city but want to hold on to and rent their property in Colorado Springs”  ~ AJS

Is your job or career moving out of Colorado Springs? Have you recently bought a home, but you may have to take a loss on the sale so you can move to another city to further your career?

reluctant landlord

Or, you may be serving in one of the many the military bases here in Colorado Springs where transfers to other bases happen all the time.

Making the decision to rent your home can be difficult as well as rewarding. Many people have made the decision to rent out their family home rather than sell and take a loss, ultimately turning an uncertain decision into a long-term financial asset that also provides a monthly income.

We would call you a reluctant landlord in this situation. Maybe renting your house out was not your first choice, but circumstances beyond your control have made renting your home out a financially sound decision that can have profound impact upon you in later years as your property increases in value and you build real wealth.

Renting your current home out until prices have recovered enough so that you can sell without taking a loss while still being able to purchase or rent a home in a new city can make financial sense. In fact, with a great property manager in Colorado Springs watching over your home, you might even want to keep your Colorado Springs rental home even as you buy another home in your new city.

Being “stuck” with a home here may seem like an inconvenience, but there are definite advantages in keeping your home while it appreciates and returns income and even profits in the form of steady rent.

Any Scheller with Crystal Pines Property Management in Colorado Springs is an expert who offers sound advice and the absolute best Colorado Springs property management available.

Amy will be happy to discuss the pros and cons of becoming a reluctant landlord – and how to build your wealth through real estate. 

No obligation, just sound advice with some great options for you. Give her a call today!

The Crystal Pines Property Management Team

Quality Homes ♦ Quality Tenants

Need Help With Your Rental Property?

Call now to talk to Amy Scheller about maximizing your rental property income.

Crystal Pines Property Management

Quality Homes ♦ Quality Tenants

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