Combining traditional renting and rent to own?

Hello,

I am just starting out in real estate investing and trying to decide what system to adopt. The rent to own system sounds very good on paper. However I was wondering how difficult it is to find qualified/willing tenant buyers. In order to avoid a property possibly sitting vacant for weeks or months due to not being able to find a tenant/buyer, is it advisable to advertise the same property both as a rent to own and a traditional rental?

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Dec 07, 2012
RE: Combining Traditional Renting and Rent to Own...
by: Tom Karadza

We used to think it was difficult. In fact after we did the first one we though we may not be able to do a second!

As long as the community you're investing in has over 80K-90K people you'll be able to find good tenants fairly quickly. If it's less than that it's still possible, just takes more time.

The area you choose to do this is just as important as the "rent-to-own" strategy itself. Does that make any sense? You want to have a property in an area that can support the strategy.

Hope that helps,

Tom

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