Market Trends & Data
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Relocating outside the US - Sell or Rent?
Career moves are moving my family to Europe for a few years. We purchased our home in 2019 and have an estimate ~$150,000 in equity in the home today. Based upon current rent estimates from local PMs we could expect around $1k per month cash flow if we were to rent the home.
No one can see into the future, my concern is whether or not I should risk losing the equity in the home ($475k single family home) if there is a recession or housing downturn during these years.
Ideally I planned to utilize the equity to begin my investor journey, so cashing out now could secure this but we would obviously no longer own the asset.
Any advice?