A “for sale” sign has popped up on a house you’ve always admired. Or maybe you see a sign on a house that just looks interesting, and that could be perfect for you and your family. Whether you’re already in the process of house hunting, or if you’re not really looking yet, you might be intrigued enough to take a closer look. 

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As a Midwest hub for start-ups, universities, medical institutions, and several Fortune 500 companies, St. Louis has more than its share of transplanted residents. When a company needs an employee to move to the region, it’s not unusual for them to offer some type of relocation package. Depending on the company, they might offer the employee assistance in finding a new home, or the money to do it on their own. In recent years, third-party relocation companies and relocation realtors have become a lucrative niche in the world of real estate.

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Moving to a new home doesn’t always mean selling the old one. Homeowners could choose to keep it as a rental property. How to decide between selling a home vs. renting it out will be different for everyone. It boils down to three main topics: the homeowner’s goals, their financial situation, and whether or not they are “cut out” to be a landlord.

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