Posted by Jay (MI) on July 10, 2003 at 15:38:15:
Terms can help weed out the deadbeats that will usually call on your ad. I would personally say “3% - 5% down, $875 monthly payment, rent credit available”. I would like to leave some room for negotiating. With the ad listed above, he probably has 7 solid applications for the property, which is outstanding. I guess it depends on how motivated you are to fill the property.
What Is a good ad for Lease/Option? - Posted by Skip
Posted by Skip on July 10, 2003 at 10:57:22:
Hello all,
Im having trouble filling a home that is a bit away from a lot of traffic and really needs to draw all of its suitors from the newspapers. The home is available on a lease/option.
Anyone have an ad that has been successful that you can share?
Re: What Is a good ad for Lease/Option? - Posted by Jonathan Rexford
Posted by Jonathan Rexford on July 10, 2003 at 13:11:20:
Here is one that I am running now. I have 7 applications since Tuesday.
Rent-to-Own: 264 13th LN SW, 2 bed, 2 bath, built 1987, large lot. This is a beautiful home in a nice neighborhood. 5,000 down 850 per month with 100 rent credit (772) 633-4004 www.homebodiesllc.com Property #8461
Re: What Is a good ad for Lease/Option? - Posted by Ben
Posted by Ben on July 10, 2003 at 13:06:15:
Use the words: “RENT-TO-OWN” instead of Lease/Option in your ad.
Better sucess when you list terms? - Posted by skip
Posted by skip on July 10, 2003 at 14:41:35:
Do you find better sucess with terms in the ad or just keeping it simple?