United Real Estate Partners
Scott Michael Guidry

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One of the biggest decisions that homeowners face is whether they should rent or sell their home. Both options have their advantages and disadvantages. Below are some guidelines to help you decide which option may be best for you.


CONSIDER YOUR FINANCIAL GOALS


If you need a lump sum of cash to pay off debts, invest in a new property, or cover unexpected expenses, selling your home may be the best option. On the other hand, if you're looking for a steady source of income, renting your property may be the way to go. Rental income can provide a consistent cash flow, which can be used to pay off your mortgage or save for retirement.


ASSESS THE REAL ESTATE MARKET


If the market is leaning toward a seller's market, you may be able to sell your property quickly and at a high price. This may be a good time to sell your home and cash in on the profits. However, if you're in a buyer's market, it may be more difficult to sell your home, and you may have to wait for a better time to put it on the market. In this case, renting your property can provide a steady income until the market improves.


CONSIDER THE TAX IMPLICATIONS


The tax implications of renting or selling your home can also influence your decision. When you sell your home, you may be subject to capital gains tax, which can be a significant expense. However, if you've lived in your home for at least two of the past five years, you may be eligible for an exclusion of up to $250,000 in capital gains if you're single or up to $500,000 if you're married. On the other hand, rental income is taxable, but you may be able to deduct expenses such as mortgage interest, property taxes, and repairs.


EVALUATE THE RISKS


Renting your property comes with risks that you should consider before making a decision. One of the biggest risks is having bad tenants who damage your property or fail to pay rent. This can lead to legal disputes and financial losses. Additionally, being a landlord requires time and effort to maintain the property, respond to tenant needs, and comply with regulations. If you don't have the time or expertise to handle these responsibilities, renting your property may not be the best option.


Deciding whether to rent or sell your home can be a complex and emotional process. Please reach out to me to learn more about your options. I would love to help you make the right decision.
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What my clients are saying  

Thank you so much for a flawless process! Sunny and I were a bit terrified to get things moving, but Scott made us feel at ease from the very first day. We could have never done it without him!

 

~ T. Collman

I don't know where to even begin. No matter the time nor day, any time I tried to reach Scott, he was there. If he didn't answer right away, he sent me a message letting me know he'll call back. That right there is a major sign of a GREAT agent! Don't waste your time with anyone else...give Scott a call!

 

~ J. Trahan

"Hey Scott, just wanted to say thank you again for everything you helped and did for us! Literally couldn't have done or navigated through this process without you!"

 

~ Jennifer B.

Scott is GREAT realtor! He is knowledgeable, easy to work with, detailed-oriented, and goes out of his way to making the buying experience easy. I highly recommend working with him.

 

~ M. Scott

Where do I even begin?!? My fiancé and I were FIRST time home buyers at 22 and 23. We were living in an apartment for 6 months and quickly began to hate renting life. On a whim we decided let’s try for a house and Scott walked us through EVERYTHING along with Jessica Glass (lender) and it was great and seamless! We put an offer in and it was accepted the next day and from there the ball was rolling and we closed just shy of a month being under contract! I couldn’t have asked for a better team or realtor. I’m very grateful for our experience as first time home buyers and it wouldn’t have been possible without Scott. Thank you again so much for all your hard work! We love our new home!!

 

~ A. Allen

I’ve gotten the opportunity to work with Scott several times, most recently to sell my land and buy a house and he always does such an amazing job serving his clients. For me the whole process was an absolute breeze and he really works hard to get things done as quickly as possible. I highly recommend Scott for anyone Realtor needs you may have!

 

~ A. Benton

The home buying process is a very stressful one. Scott took all of the stress out of it for us. He never hesitated to answer my questions, he kept me informed every step of the way. He goes above and beyond for his clients! Highly recommend!!!

 

~ K. Draughn

If you’re in need of a realtor then look no further! Scott is the best! professional, knowledgeable and compassionate every step of the way! He has assisted our family as buyers and now as a seller! HIGHLY recommend!

 

~ M. Calmes

I highly recommend using Scott for you selling or buying of realestate. He is very professional, knowledgeable and helpful in all aspects of the deal. Scott sold my home in Hammond La with me being absentee. He told me what to expect before hand and he was right on target and did exactly what he said he would do. I would definitely use him again. He really made it easy.

 

~ H. Weisman

Scott has shown that he loves people and loves his customers. I highly recommend Scott when looking to buy or sell, responsive and keeps his commitments. And he can definitely guide you as a new home buyer. Thanks Scott!

 

~ B. Newman

If your looking to Rent or Buy, Scott Guidry is your guy! He works a very hard to get you what you need. He’s very knowledgeable about local property and even property out side his home area. He is definitely a go getting and never stops to working to get his clients what they need. He’s very professional and has a very good response time when you ask questions. He’s honest and reliable. I trust him with any Real estate needs and wouldn’t use anyone else !!! Remember, rent or buy… Scott Guidry’s your guy!!

 

~ C. Landry

We choose to use Scott Guidry with Team Geaux. The reason was he didn’t just try to sell us any house. He sat down with us and went over the details we where looking in our home. He then took that information and compiled a list of potential homes with in our criteria. I have purchased several homes and properties in the past but no realtor has taken the time like Scott. We highly recommend that you call Scott if you are buying or even selling your property or home Today!!

 

~ K. McCourt

Scott was amazing! He sent pictures from beginning to the end of construction, he updated me every week. I couldn’t have asked for a better agent, he answered all of my questions. If he did not know the answer he got the answer in a very short time. He walked me through the entire process, which was very important because I was in another state while my home was being built. Thank you so very much Scott!!

 

~ M. Fontenot

As a former agent in my opinion...Scott has become a trusted friend.. His enthusiasm for detail combined with insight,professionalism and never ending energy allowed me to discuss in depth my goals to achieve them... He is a sure bet to give you the opportunity to go after your dreams....his support ,compassion and saviness are a win win .....I would definitely refer him...

 

~ L. Stabile

Scott helped make our dream of becoming homeowners a reality. We were able to purchase a brand new home with no money down. He truly cares about his clients and is always willing to do whatever he can to help. He literally works all the time for his clients!! I would highly recommend Scott for any of your real estate needs.

 

~ P. Bergeron

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