reasons to rent out instead of sell your home

I’m branching out from my normal topics today to talk about our Milwaukee house and ultimately, why we made the decision to rent it instead of sell it in late 2015. Long story short, Jake and I bought a house in Milwaukee when we moved there for his medical residency. A little over four years later, we moved for Jake’s new job. We didn’t have much equity in the house. If we’d sold it, most likely we would have broken even or lost a little money. We’ve always talked about owning a small business or having another means of eventual passive income. We were able to work out our finances to allow us to buy our current house without selling the Milwaukee house. So instead of selling the house, we kept it and started renting it out.

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