Mendell Gosnell, CPMPrincipal Broker, Centurion Real Estate Services · Helping Real Estate Investors Build Generational Wealth Through Smart Property Management | Branch Offices in Salem, Corvallis, Eugene and Redmond.

Should I turn my house into a rental?

9 Mar 2026 · 1 min

Watch on YouTube

0:30

In this brief advisory video, the speaker addresses homeowners who are unable to sell their property at a desired price or are facing a stagnant market. He recommends converting the home into a rental as a strategic interim solution. By renting, the owner can keep the mortgage being paid down, benefit from rental income, and wait for the real‑estate market to recover, preserving the option to sell later at a higher price. The overall message is that renting provides a way to let market conditions work in the homeowner’s favor while maintaining financial stability.

If you're thinking about moving or you just can't get the price you want for your house, can't sell it, and maybe you're wondering, should I turn my house into a rental? Renting your home gives you time for the market to recover. You can continue to have your mortgage paid down. You get all the benefits of having a rental and you get that future chance to sell at a better price. You let the market work in your favor.