Can’t Sell Your Home? What Should You Do?

What's Hot


The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

How a Mexican Tariff Will Boost the Cost of 6 Common PurchasesFamily

This Free Software Brings Old Laptops Back to LifeMore

How to Protect Yourself From the ‘Can You Hear Me?’ Phone ScamFamily

Report: Walmart to Begin Selling CarsCars

Is Your TV Tracking You? Here’s How to Tell — and Prevent ItAround The House

Trump Scraps FHA Rate Cut — What Does It Mean for You?Borrow

Where to Sell Your Stuff for Top DollarAround The House

11 Staging Tips to Help You Get Top Dollar When Selling Your HomeAround The House

8 Tuition-Free U.S. CollegesCollege

10 Overlooked Expenses That Ruin Your BudgetFamily

4 Car Insurers That Might Raise Rates Even When the Accident Wasn’t Your FaultCars

How to Invest If Trump Kills the ‘Fiduciary Rule’Grow

20 Simple Hacks to Make Your Stuff Last LongerAround The House

12 Surprising Ways to Wreck Your Credit ScoreBorrow

What should you do when you can't sell your home? Make money from it, of course.

Depending on what part of the country you live in, selling your home can take more than months… it can take years.

“He had his house for sale for two years. I was his agent for two years. He obviously they didn’t get what he wanted.”
-Dennis Hearing, Agent

But if it’s time to move on… say because you’ve got a job elsewhere… you’ve got to do something. If you can’t sell your house, you can try to make money from it.

There are three ways you can make money from a house that won’t sell. You can try to offer it as a lease purchase, you can rent it long-term or you can rent it short-term.

A lease-purchase is essentially a rental, although you agree to a price to sell the house by some future date. Rent is normally higher than usual, and part of the rent goes toward a down payment.

Turning your house into a rental brings in money and tax writeoffs while you wait for the market to turn around. But you’ll more than likely have to pay someone 8-12% of the rent to manage it.

Finally, if you live near a resort area, a college, or other places with lots of visitors, you can try renting short-term… say by the week.

Short-term rentals make the most money, but need the most management. Plus, you’ll need to keep your house fully furnished, down to the silverware.

Of course, all of these options require owning your current house, and that makes it hard to buy another one if you’re moving on. But maybe what you can try a lease purchase at the new location, and everything comes out in the end.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: Where to Sell Your Stuff for Top Dollar

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,847 more deals!