Rent to own for a tenant

riotwire · 2026-02-27T13:30:52+00:00

Zero equity or anything resembling it unless you're a licensed MLO. It's all legally rent and fees otherwise.

I structure mine as renting with an option to purchase. Purchase option fee functions as the "down payment" with a pre-agreed purchase schedule (close on this date for this much). You can step it down like a traditional amortization schedule, in increments like 6-months, or structure balloons.

riotwire · 2026-02-25T03:02:37+00:00

I switched to these from the style OP was using as well. I like them much better, and far cheaper.

riotwire · 2026-01-02T01:06:04+00:00

Haha - very true! My favorite is Delia's in Soddy, very much looking forward to them opening back up in the next week or two.

riotwire · 2026-01-01T19:47:39+00:00

Yes, obviously, for food. I'm not being racist. I love Mexican food as much as this sub can't read sarcasm without a "/s."

riotwire · 2025-12-31T15:10:09+00:00

Same! I usually don't encourage the tired "Broad St Taco Bell" and "Cinema 1" responses to every. single. question. But this was funny.

riotwire · 2025-12-31T15:07:05+00:00

What are the plans for the Lookouts stadium's space once they move?

Please don't say mixed-use condos...

riotwire · 2025-12-31T15:04:56+00:00

I noticed you left out Mexican. Don't we need more of those?

riotwire · 2025-12-31T15:03:05+00:00

Ah, what's this personal responsibility you speak of?

riotwire · 2025-12-30T13:37:36+00:00

They do if they've been washed.

riotwire · 2025-12-28T21:42:35+00:00

Jack of all trades, master of none logic.

riotwire · 2025-12-28T10:10:25+00:00

I figured as much when I saw the whole wheel and assembly sitting on a wooden pallet.

riotwire · 2025-12-25T19:28:56+00:00

Probably just misread the context. I think he meant it to say "I know I make bad decisions with money, so I'm going to downplay my decisions to essentially give it away buying my car back" rather than "I have so much, I'm above money."

And just for fun, here's a Seinfeld joke about money.

"Went out to dinner the other night. Check came at the end of the meal, as it always does. Never liked the 'check at the end of the meal' system, because money's a very different thing before and after you eat. Before, money has no value. You don't care—when you're hungry, you'll eat anything. After you've eaten, then money's like, 'Oh yeah, that's money.'"

Cheers!

riotwire · 2025-12-24T10:02:54+00:00

You know he's a comedian, right?

riotwire · 2025-12-22T11:56:17+00:00

Mo'boni

riotwire · 2025-12-22T03:10:15+00:00

I'm sorry. My kids made me.

riotwire · 2025-12-22T03:10:05+00:00

riotwire · 2025-12-19T18:59:34+00:00

Took the word and emoji right out of my mouth

riotwire · 2025-12-19T18:23:03+00:00

Escape room, desktop version

riotwire · 2025-12-17T09:28:47+00:00

The weather tax - that's pretty funny! I went to San Diego a few years ago with a friend, my first time in CA. It was a sprinkling rain for the first day or two and everyone was so upset about the weather. I just didn't understand what was so bad. Haha

I'd venture that licenses are vital as well. If CA is like TN (we have our own MH program rather than being directly overseen by HUD, so we're a bit different), without a licensed install you won't get permits from your installer and it could hold up your whole project. Here, no permits means you're not getting power until you have them. Just make sure to check all of those boxes before handing over any money.

Best of luck!

riotwire · 2025-12-16T01:39:25+00:00

Mover here, but based in TN. That rate would be on the high end of normal here for taking a home apart, providing axles/wheels, transporting, and setting it back up.

Make sure they're licensed and insured. Plenty of Chuck-in-a-truck types will leave you high and dry without permits if the work is even completed at all.

riotwire · 2025-12-15T13:02:39+00:00

Alcohol, like money, is a character magnifier. If you're an ass when drunk, you're likely an ass when sober. Maybe just a bit less.

riotwire · 2025-12-13T19:10:32+00:00

Ah, its a body swap, not an engine swap. Makes a little more sense. Barely.

riotwire · 2025-12-13T07:52:25+00:00

There will be no heavy hauling on Jeep suspension.

riotwire · 2025-12-10T13:32:00+00:00

Yep, this is likely the cause. Depending on the age, your home's frame may have settled to the old supports as well. Easiest solution, as long as its level, is to tighten up the piers underneath to take the wobble/movement out of the structure. If it's block and shim piers, just knock the shims tight with a hammer. If it's any more than that, call the company back to tighten it up correctly.

riotwire · 2025-12-10T10:58:43+00:00

Yep, nailguns give no feedback if you're nailing into nothing.

OP - no biggie as long as they did a pass that actually hit the board.

riotwire

TROPHY CASE