Should I Sell or Rent Out My Property in 2024?

UpperKey Property Management

Are you wondering whether to sell or rent out your property in 2024? In this video, we explore the benefits and challenges of both options, helping you make an informed decision. Learn about the latest real estate market trends, property management services, and tips for property investment. For more detailed insights, be sure to read the full article on our website: https://www.theupperkey.com/post/should-i-rent-out-or-sell-my-property  Discover how you can achieve passive income, and enjoy a stress-free rental experience with UpperKey. Don't forget to like, subscribe, and leave your comments below!

Transcript

00:00Should I rent out or sell my property in 2024? With the latest economic trends, more and more

00:08people are thinking of selling to capitalise on equity. But wait, if you have a property,

00:13don't just sell it. So in the US, there's been a nearly 24% drop in pending home sales and this

00:20trend is also affecting the global rental market, making more and more property owners switch from

00:25selling to renting out. However, recent government initiatives in the UK and France aim to tax and

00:31limit the rental market. Renting out your home on your own on Airbnb and stressing about every

00:38little thing seems like a lot to deal with. So what are the options? Luckily, with property

00:43management companies like Upperkey, you can turn your property into a source of passive income.

00:49Imagine saving up for future investments and maybe even doubling your returns with a new

00:54apartment for rent. So what are the benefits of renting out your property to Upperkey in 2024?

01:01It's simple. First of all, a stable passive income. A steady stream of income can be especially useful

01:08in uncertain economic times. And don't forget, real estate values tend to appreciate over time.

01:14By holding onto your property, you could benefit from its increased value in the future.

01:19Rental properties can offer significant tax advantages,

01:23from mortgage interest to property management fees. Many expenses are deductible.

01:28Renting out your property gives you the flexibility to sell it later when the market conditions are

01:33more favourable. And who knows, maybe you'll enjoy your passive income this summer somewhere at the beach.

01:39Thank you for watching. Don't forget to check out Upperkey's website below for more details.

01:45Like this video and subscribe to our channel.

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