Finding landlords willing to sell

[Doug Pretorius (ON) 9]

I'll see your quart and raise you a gallon.

 

I just called the house, spoke to the wife, she's not familiar with "rent-to-own" but will get her husband to call when he gets home.

[Doug Pretorius (ON) 9]

Hmm, well no callback. She probably talked to her husband who called the agent to ask about this "rent to own thing" and the agent said: "That bastard emailed me yesterday asking the same damn thing!"

 

LOL! I'm surprised the agent didn't call to complain that I'm trying to interfere with his listing

[MichaelC 160]

That's not what happened, Doug. The wife tried to explain to the husband her version of Rent To Own. She butchered the hell out of it, and now hubby's understanding is that the tenant rents for a year, then owns the property. That's why you haven't received a call back.

[Doug Pretorius (ON) 9]

You're probably right, MC. Oh well, plenty more where they came from

[jcdykes 0]

I am able to get a lot of leads from calling burned out landlords in Pittsburgh, PA area. Cash flow is good on homes that you can buy for $15,000. When rents are about $600.

[MichaelC 160]

I am able to get a lot of leads from calling burned out landlords in Pittsburgh, PA area. Cash flow is good on homes that you can buy for $15,000. When rents are about $600.

Welcome aboard, JC. But tell me, what on earth can you buy for $15K??

[Doug Pretorius (ON) 9]

This:

[<Steve> 82]

a little grass seed and a coat of paint as it'll be ready to go.

[-Tony- 0]

caulk, putty and paint make a carpenter what he ain't.....