Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

2,188
Posts
1,911
Votes
Wendell De Guzman
  • Investor
  • Chicago, IL
1,911
Votes |
2,188
Posts

Turnkey RENT TO OWN - Does anyone do this?

Wendell De Guzman
  • Investor
  • Chicago, IL
Posted

Hi Landlords, and wanna be landlords,

Does anyone provide a TURNKEY Rent to Own?

The typical turnkey property is a long term buy-and-hold. 

Buy-and-hold is good but rent to own is good for the BIG chunk of cash on the back-end. Also, with rent to own, maintenance and repairs are the responsibility of the tenant so that's additional cashflow and less headaches.

Thanks in advance!

Most Popular Reply

User Stats

5,544
Posts
2,364
Votes
Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
2,364
Votes |
5,544
Posts
Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied

RTO is an OPTION to purchase at some future date, with a fully negotiated price at the time of the rental. It has special requirements, so be sure you're FULLY informed before you jump into this. The safest way is two separate agreements, the lease and the option. There is some concern where a portion of the rent is accrued toward the purchase.

Loading replies...