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Updated about 3 years ago,

User Stats

5
Posts
4
Votes
James Kirby
  • Raleigh, NC
4
Votes |
5
Posts

North Raleigh Home- Sell or Rent it?

James Kirby
  • Raleigh, NC
Posted

Hello all,

 My fiancé and I have lived in Raleigh for about ten years now. We recently purchased a new home in the area, but we still have our first house that we bought about five years ago and we are now preparing to put it on the market. However, I have been thinking about the idea of renting out the first house instead of selling. Other than new carpet & paint, the house is in great condition. It was just too small for us as we are expecting our first child. Its a 4br/2bath approx. 1500 sq. ft with a fenced yard. Located near Stonehenge. Mortgage is right under $1000/mo. I know that it is a great time to sell, but with the population boom and companies like Apple coming to the area should I consider renting instead? Plus, how did/does the eviction moratorium effect LLs here?  Any advice would be greatly appreciated! Thanks! 

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