Reply to My house isnt selling and I am an idiot

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[quote=Anonymous]We had to relocate to another state for my spouse's job during the Great Recession. The worst housing market in ages. We were suddenly paying two mortgages with a new house, small kids, and I was a SAHM, the GR ate my career, my field disappeared overnight. We couldn't sell our house (well, I take that back, we could sell it, it's just that buyers were offering to buy it for a quarter of its value). We contacted a rental management agency and rented out our home for probably seven years. We requested only working professionals and couples with kids as potential tenants (in other words, no young partiers or wild people). I was the contact person for anything needed. Over seven years, we had 2-3 renters total. We would get a monthly check for the rent with any small deductions some months (the faucet was dripping, plumber was called, but they let me know in advance) and monthly landscaping. It wasn't ideal, but it floated us through a very tough financial time. Many real estate companies offer a rental service side that can bridge into the sales side if you want to use their services to sell the house later. Just tuck that behind your left ear. Renting out your home as an income stream for a few years is always an option. I would use a rental management agency to be the middleman. That way, you never, ever have to speak directly to the renter.[/quote]

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