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Updated over 5 years ago on . Most recent reply

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212
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Paolo Ruggieri
  • Lender
  • USA
53
Votes |
212
Posts

Rent to own marketing

Paolo Ruggieri
  • Lender
  • USA
Posted

All- as market is now high I think is a great time for rent to own: stable tenant that pay a premium...

I did a 2 rent to own in the past year but regretted it because I am now forced to sell at a pre-agreed price  that is much lower than market because market went up so much... I enjoyed stable tenants aging premium and taking care of the property, I am happy that they are able to get a home, but I could not take advantage of the market appreciation (gentrification doubled the value)

I found the tenants rent to own by chance. 

Is there anyone out there with experience of finding rent to own tenants?

Tipical rent advertising with a note that I do rent to own gives me only tenants prospects.. I tried listing it saying rent to own, butam only getting buyers

  • Paolo Ruggieri
  • [email protected]
  • 404-782-1545
  • Most Popular Reply

    User Stats

    1,252
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    Steve Rozenberg
    • Specialist
    • Houston, TX
    1,069
    Votes |
    1,252
    Posts
    Steve Rozenberg
    • Specialist
    • Houston, TX
    Replied

    I have always heard it is a 75% rate of taking the property back. It is not so easy in Texas to do rent to own. We do a lease with first right of refusal to buy. Granted you are not getting a tenant / buyer mindset but you could also as you said be losing out a lot of potential revenue on sales 

  • Steve Rozenberg
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