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Updated almost 7 years ago,

User Stats

29
Posts
3
Votes
Shannon Guertzgen
  • Louisiana, MO
3
Votes |
29
Posts

Rent to Own vs Renting

Shannon Guertzgen
  • Louisiana, MO
Posted

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.

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