Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago,
Rent to Own vs Renting
Hi,
I see so many people doing rentals, but I haven't crossed so many doing rent to own.
I would like to have some input. From my point of view doing rent to own or lease to purchase would be the most beneficial.
Why would I just rent and be stuck with all of the repairs when I can help someone out and make 10 % interest on a 30 year mortgage with little responsibility?
Is there a bigger tax break on rentals? It's been my experience in the past that tenants do a lot of damage, almost enough to nullify profits. (1 property)
My question is what am I missing in benefits of renting vs rent to own or lease with option?
-Thanks in Advance for any input.