Comments on: Two options to prevent tenant defaults http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/ Tue, 13 Dec 2011 01:48:53 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: alexkluge http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/comment-page-1/#comment-28 alexkluge Fri, 04 Dec 2009 03:34:33 +0000 http://renttoowninvestor.com/?p=330#comment-28 Hi Roza,<br><br>That's a great question. Speaking from my own personal experience, I purchased my first 8 properties within an hour's drive of where I lived. Once I felt more comfortable with owning properties from a distance, I bought my next 7 properties in a completely different province. I surrounded myself with a great team (where I own these properties in Alberta) should anything go wrong. Having said that if you feel apprehensive of investing from a distance, you should look at buying your first few properties close to home. Hi Roza,

That's a great question. Speaking from my own personal experience, I purchased my first 8 properties within an hour's drive of where I lived. Once I felt more comfortable with owning properties from a distance, I bought my next 7 properties in a completely different province. I surrounded myself with a great team (where I own these properties in Alberta) should anything go wrong. Having said that if you feel apprehensive of investing from a distance, you should look at buying your first few properties close to home.

]]> By: renttoowninvestor http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/comment-page-1/#comment-27 renttoowninvestor Fri, 04 Dec 2009 01:28:48 +0000 http://renttoowninvestor.com/?p=330#comment-27 Sorry I accidentally deleted this comment. I am re-attaching it below.<br><br>"I like an idea rent to own but I am new in real estate investing business and my concern is:<br>If I buy property in the city that I don't have any idea what vacancy status is and it located far away from my place of living in case that tenant refuse to buy the property at the end of the contract what I would do in this situation?<br>If some one can share their own experience ???!!!!"<br><br>Roza Kovalenko <br><br><a href="mailto:kovalros@hotmail.com" rel="nofollow">kovalros@hotmail.com</a> Sorry I accidentally deleted this comment. I am re-attaching it below.

“I like an idea rent to own but I am new in real estate investing business and my concern is:
If I buy property in the city that I don't have any idea what vacancy status is and it located far away from my place of living in case that tenant refuse to buy the property at the end of the contract what I would do in this situation?
If some one can share their own experience ???!!!!”

Roza Kovalenko

kovalros@hotmail.com

]]> By: renttoowninvestor http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/comment-page-1/#comment-26 renttoowninvestor Thu, 03 Dec 2009 22:38:56 +0000 http://renttoowninvestor.com/?p=330#comment-26 No laughing Andy. Appreciate you taking the time to add a comment. No laughing Andy. Appreciate you taking the time to add a comment.

]]> By: alexkluge http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/comment-page-1/#comment-22 alexkluge Thu, 03 Dec 2009 20:34:33 +0000 http://renttoowninvestor.com/?p=330#comment-22 Hi Roza,<br><br>That's a great question. Speaking from my own personal experience, I purchased my first 8 properties within an hour's drive of where I lived. Once I felt more comfortable with owning properties from a distance, I bought my next 7 properties in a completely different province. I surrounded myself with a great team (where I own these properties in Alberta) should anything go wrong. Having said that if you feel apprehensive of investing from a distance, you should look at buying your first few properties close to home. Hi Roza,

That's a great question. Speaking from my own personal experience, I purchased my first 8 properties within an hour's drive of where I lived. Once I felt more comfortable with owning properties from a distance, I bought my next 7 properties in a completely different province. I surrounded myself with a great team (where I own these properties in Alberta) should anything go wrong. Having said that if you feel apprehensive of investing from a distance, you should look at buying your first few properties close to home.

]]> By: renttoowninvestor http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/comment-page-1/#comment-21 renttoowninvestor Thu, 03 Dec 2009 18:28:48 +0000 http://renttoowninvestor.com/?p=330#comment-21 Sorry I accidentally deleted this comment. I am re-attaching it below.<br><br>"I like an idea rent to own but I am new in real estate investing business and my concern is:<br>If I buy property in the city that I don't have any idea what vacancy status is and it located far away from my place of living in case that tenant refuse to buy the property at the end of the contract what I would do in this situation?<br>If some one can share their own experience ???!!!!"<br><br>Roza Kovalenko <br><br><a href="mailto:kovalros@hotmail.com" rel="nofollow">kovalros@hotmail.com</a> Sorry I accidentally deleted this comment. I am re-attaching it below.

“I like an idea rent to own but I am new in real estate investing business and my concern is:
If I buy property in the city that I don't have any idea what vacancy status is and it located far away from my place of living in case that tenant refuse to buy the property at the end of the contract what I would do in this situation?
If some one can share their own experience ???!!!!”

Roza Kovalenko

kovalros@hotmail.com

]]> By: Roza Kovalenko on Dec 03, 2009 11:00 http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/comment-page-1/#comment-19 Roza Kovalenko on Dec 03, 2009 11:00 Thu, 03 Dec 2009 16:14:00 +0000 http://renttoowninvestor.com/?p=330#comment-19 I like an idea rent to own but I am new in real estate investing business and my concern is: If I buy property in the city that I don't have any idea what vacancy status is and it located far away from my place of living in case that tenant refuse to buy the property at the end of the contract what I would do in this situation? If some one can share their own experience ???!!!! I like an idea rent to own but I am new in real estate investing business and my concern is:
If I buy property in the city that I don’t have any idea what vacancy status is and it located far away from my place of living in case that tenant refuse to buy the property at the end of the contract what I would do in this situation?
If some one can share their own experience ???!!!!

]]> By: renttoowninvestor http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/comment-page-1/#comment-20 renttoowninvestor Thu, 03 Dec 2009 15:38:56 +0000 http://renttoowninvestor.com/?p=330#comment-20 No laughing Andy. Appreciate you taking the time to add a comment. No laughing Andy. Appreciate you taking the time to add a comment.

]]> By: deandwyer http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/comment-page-1/#comment-18 deandwyer Thu, 03 Dec 2009 15:12:36 +0000 http://renttoowninvestor.com/?p=330#comment-18 Your welcome Lisa. I love your outlook. While the goal is to make money, at the end of the day, it's about helping people become homeowners and sometimes some sacrifices might need to be made to accomplish this. As you state, you don't want to lose money, but if you can still make a great return and your money and help the tenant, then its still a win-win. We hope to attract more people with your outlook. :-) Your welcome Lisa. I love your outlook. While the goal is to make money, at the end of the day, it’s about helping people become homeowners and sometimes some sacrifices might need to be made to accomplish this.

As you state, you don’t want to lose money, but if you can still make a great return and your money and help the tenant, then its still a win-win.

We hope to attract more people with your outlook. :-)

]]> By: Lisa Kember http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/comment-page-1/#comment-17 Lisa Kember Thu, 03 Dec 2009 04:04:49 +0000 http://renttoowninvestor.com/?p=330#comment-17 At the end of the day, while we hold property, we are in the people business. So I would suggest the option you work out with the tenant should accommodate the tenant to some degree, as long as you don't lose money. Nice summary of a real concern and possible solutions. thanks. At the end of the day, while we hold property, we are in the people business. So I would suggest the option you work out with the tenant should accommodate the tenant to some degree, as long as you don’t lose money. Nice summary of a real concern and possible solutions. thanks.

]]> By: andy http://renttoowninvestor.com/two-options-to-prevent-tenant-defaults/comment-page-1/#comment-16 andy Thu, 03 Dec 2009 02:17:44 +0000 http://renttoowninvestor.com/?p=330#comment-16 Sorry, changed numbers have way through and forgot to change them all, so don't laugh at my math, haha. Sorry, changed numbers have way through and forgot to change them all, so don’t laugh at my math, haha.

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