The Best Retirement Cities In The USA

Welcome to the Best Retirement Cities in The USA!

RetireInTheUsaWe’ve scoured over Forbes Articles, Bankrates, Success Magazine, AARP  and others to give you a guide on retiring across the USA.  We’d love to hear your opinions, photos and videos if you have them as we continue to build out this site.

Should Sell Your Home or Rent It Out

In terms of monetizing your property investment, there are two options – sell it or rent it out. The latter is attractive for those seeking a steady form of passive income.

However, how can you be sure which option is best for your situation? In general, if you want to sell your house fast, then you don’t need to consider renting it out. Conversely, if you are not in any hurry to sell, you can try being a landlord.

Here are some things to consider to come up with the right decision:

Are you moving to a home nearby?

If you are moving to a house that is in the same city, renting out your old home might work well for you.

However, if you are moving to a different city or state, how much profit you might get from renting your home out will be reduced greatly. This is because you will need to hire a property manager to do what you are supposed to be doing as a landlord, such as collect rent, oversee repairs, and maintain your rental property.

Do you have the extra cash needed to start a rental business?

Renting out your home can be lucrative, but it can also be a cash drain. You can’t expect your home to be rented out all the time since people do come and go.

Even if you have an amazing home that you know people will love, downturns in rental demands in your area can affect your incoming cash flow. Maintaining a second home can be expensive if no one is renting it. It can also cost you a lot in repairs, renovations, and refurbishments, especially if your home has already seen better days.

Can you buy a new home without selling the old one?

The usual cycle homeowners follow when they move to a new home is: sell the old home and use the money from the sale to buy a new one.

If you have extra money to buy a new home without selling the old one, you might want to consider renting out the old home for extra monthly income. You might also want to ask your lender for advice on whether it is a good idea for you to maintain two mortgages at the same time and if it will affect your debt ratios.

If you think that renting out isn’t for you after all these considerations, you will have to decide to sell your old home. In doing so, you will have two options – sell to a new homeowner or sell to an investor.

If you decide to sell it the traditional way, you will find that it is not as easy as it seems. There are a lot of things that need to be done when you decide to sell your home outright.

Some of the things you may experience when you choose to sell to another homeowner by yourself instead of to an investor are:

  • Getting requests for repairs and refurbishing – Some home buyers will expect you to do some repairs to your old home before they decide to buy it. Even then, the deal is not actually final, and a prospective buyer may still back out after you’ve already spent a great deal of money on fixing up your place.
  • Having to wait longer to sell – When you decide to sell to another homeowner and not to a real estate investor, there is a huge chance that you will be waiting longer for your property to get sold. You will need to wait for the right person with the right price offer before you can sell.
  • Standing to get lower than your asking price – When selling to another homeowner, you are lucky if you receive what you are actually asking for. Most homeowners tend to lower your offer due to certain repairs that they might have to shoulder themselves or simply because they want a lower price on your home.
  • When you decide to sell to an investor, on the other hand, you eliminate all of these worries and even stay in your home while talking to them about selling your property. With an investor, you know exactly how much they are willing to pay for the house off the bat.
  • You also get to sell your home quickly; you don’t have to worry about an agent’s commission fees and can leave the home as-is after the deal has been concluded.

Best Cities to Retire To In 2019

It is never too early to start planning your retirement if you want to enjoy the fruits of the labor you put in during your working years. One of the main concerns about retirement is the place of residence. In most cases, it is a good idea to shift your base and enjoy your retirement in a new city. Discovering and exploring a new place will also help you recover your self-identity that can get lost during the initial stages of retirement.

Continue reading “Best Cities to Retire To In 2019”

5 Reasons to Retire to San Antonio, Texas

retire to san antonio

Climate of San Antonio

The climate of San Antonio is nearly always temperate and well-suited for those who enjoy warmer weather year-round. There are still four seasons throughout the entire year, yet within those four various seasons of fall, winter, spring, and summer are milder versions of the traditional seasonalities of the northeast and northwest United States.  So if you’re moving from an apartment in Chicago, you can rejoice! As you’ll discover in this post, San Antonio has a lot to offer, even outside of its weather. Between the cost of living, the health care, and economic growth; one will truly appreciate the lifestyle to be had in such a great, thriving city for retirement. Continue reading “5 Reasons to Retire to San Antonio, Texas”

Can I Afford To Retire To Orange County?

We get a lot of retirement questions particularly around real estate, but none is more common than the “can I afford to live in… ” insert your favorite location.   The most common locations for retirement (at least in terms of questions asked of us) is retirement in Florida and California.

Ultimately, there isn’t enough information to determine whether or not your can afford something.  We’d need to know your income and if you’re retiring how much of that is social security (lucky for you in California that’s not taxed).  Then we’d need to know housing expenses of the place you’d choose to live.   Continue reading “Can I Afford To Retire To Orange County?”

Westminster Winter Park in Winter Garden Review

The Westminster Winter Park is a continuing care retirement community that offers relaxed and luxurious living with an exceptional lakeside view. You can enjoy a gracious and exciting life with exclusive access to lifelong learning opportunities. With fantastic amenities and superior hospitality services, these residences are convenient and exceptional to live in. Continue reading “Westminster Winter Park in Winter Garden Review”

The 10 Cheapest Places To Retire To In The US

Interestingly, the question “what are the cheapest places to retire to in the US?” is pretty common.   What makes it even more interesting is that although these places offer lower cost housing, and meet all the “metrics” they don’t really excite us all that much for a retirement option.   That being said, here’s your list of The 10 Cheapest Places To Retire To In The US. Continue reading “The 10 Cheapest Places To Retire To In The US”