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Updated over 6 years ago on . Most recent reply

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5
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Thomas McNicholas
  • Chicago, IL
0
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5
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Mobile Home either get a Property Manager or Rent to own (both?)

Thomas McNicholas
  • Chicago, IL
Posted

Hi Guys/Gals,

I found a very nice 2 bedroom mobile home in FL and the park allows renting. No work needs to do be done. 

I cant decide if I want to hire a property management team to rent it out for me or if I want to hire a real estate agent to sell it on a rent to own basis $1000 down $250 per month over 5 years.

Is it smart to have BOTH options on the table at the same time and whatever happens first go that route?

I live in Chicago so hiring 1 or the other or both would be a must. 

If I do a rent to own type deal how do they payments come in?

Thanks for any input.

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