Oct 23 2007

“Buy, Rent or lease option?” (Oregon Association of Professional Real Estate Investors): Part 1

Published by WoodHill at 2:02 pm under Woodhill Homes

OAPREI - OREGON ASSOCIATION of PROFESSIONAL REAL ESTATE INVESTORS. Bend, OregonThis was given to us by the OAPERI, located in Bend, Oregon. We have found it very informative, and so therefore decided to put up the info here as part of a series (”Buy, Rent or lease option?”).

For more useful Real Estate info in Bend, go to their site:

Oregon Association of Professional Real Estate Investors (www.oaprei.com)

Buy, Rent or lease option?

Making the choice of how you want to control property and create wealth can be a difficult decision. It is, however, one that has to be made at some point as you consider whether to rent or own property.

One of the nice benefits of renting is, if you don’t like your location, you can easily move to another one once your lease has ended.

There are also drawbacks to lending that lead many people to buy their own home. When you rent, you are paying to live in a space that will never be yours. And then there’s a third option – rent-to-own, also called Lease Option.

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