Real Estate Growth and Investment in India It Better For Me To Rent Or Sell My House?

 If you're looking for investments in India right now, you're going to want to take a close look at real estate growth in the country. If you've ever wondered if you should sell your house or rent it out in order to make a little extra money, we're going to look at both options so that you can make an informed decision. The most important thing to do is make sure you don't rush into anything.

When to Sell Your Home

First, let's take a look at the various scenarios where you might want to outright sell your home rather than rent it out for extra money. We're going to look at some of the pros and cons of this method of real estate investing.

Quick Cash - If you need to make some money quickly for one reason or another, you're going to want to sell your home rather than rent it out. This will give you the ability to make a lot of money in a matter of weeks or months.

Less Money - No matter how much you get when you sell your home, it's all the money you're going to ever be able to get out of that property. Compare this with renting your house out month after month, which can be ongoing revenue that lasts a long time.

When to Rent Your Home

Next, let's go over some of the pros and cons of renting your home instead of selling it to someone else. As you'll notice, this method of investing in real estate also has quite a few benefits that may apply to you.

Long Term - The best thing about renting out your home rather than selling it is that you're going to keep making money. While you would get a lot of money upfront for selling your home, there's a good chance you'll make a lot more if you rent it out. This means you will have a monthly revenue stream that can be really useful.

Maintenance - On the negative side, you're going to make sure you keep up with all necessary maintenance on the house. Even if someone's living there, if they're paying you rent you need to make sure you take care of any problems that arise. Make sure you spell out in the lease what tasks should be covered by the tenant - like lawn maintenance for example.

Which is Right for You?

This is a question that only you can answer. You should start by taking a long, hard look at all your available options is going to give you the best chance of making a smart investment in the real estate market. No two people are going to come up with the same answer, but only by asking yourself questions and making a decision are you going to be able to invest wisely.

Written by: Jenny Corteza uses Lotus Square whenever she's in San Francisco because they have a rock solid reputation when it comes to house cleaning. By hiring someone to help out around the house, she has more time to write articles about a variety of different topics.