great differences between leasing and buying?
154293
Buying is almost always better than leasing..no matter what the product is. Remember, it's an investment. If you don't own it, how can it be a worthwhile investment?  I leased a car many years ago, just to save myself some money initially. In the long run, I wound up paying MUCH more for this car than I would have if I'd bought it ouright. And I spent all this hard earned money on something I never even owned. Needless to say, I would not do it again!
625547
Having your business buy the property will cost you more because you will need a commercial mortgage with higher interest rates. It is easier to get mortgages that are for you personally, or for a multifamily with 4 units or less. Talk to a lender about this and they will give you a good sense of your options.\nIf I you have the means you might consider buying and renovating a house for yourself and moving every two years. Research you market carefully and put ion alot of sweat equity instead of capital. This way you get to pocket the entire profit without captial gains, as long as you declare it your primary residence. You can also look into doing a 1031 exchange if you live there for less than 2 years to delay the tax payments and use the money in your next acquisition.\nAnother path could be to buy a 3 or 4 family with a commercial mortgage and an LLC to protect youself, rent them, convert the whole building to condos, then renovate the units one at a time as tenants turnover happens and sell the condos indiviually if the market is good. Be sure to talk to the lending bank about your conversion plans before setting up the financing.\nI recommend a trip to the library and read as much as possible before doing anything. Others have done this before, and they share the experience through books.\nGood luck!!
1022782
Look at a LOT of apartments before you decide. Factor in utilities when planning your budget-- some apartments include them, some don't. Make sure your roommate(s) all sign the lease too, so if one backs out, you're not stuck holding the bag. Ask the landlord about their policy on joint and separate liability--- it's basically who do they come after if there are multiple names on the lease and one person stops paying.\n\nDrive through the neighborhoods at different times of the day and night to see what they're like. Your chosen neighborhood may be really nice during the day and a little sketchy at night, or maybe it's near a church and you didn't know it so you're shocked that all the parking spaces are full for blocks on a Sunday afternoon.\n\nWhen you move, don't bring stuff just for the sake of bringing stuff.  Meaning... don't bring all the mismatched and chipped dinner plates from your mom's house just so you can have plates. Buy a small number of decent items instead of scavenging from friends and relatives, if you don't already have all the items you need. A first apartment can turn into a junk-shop pretty fast because you're so desparate to furnish it. It's better to only have a few water glasses than to have a cabinet full of hand-me-down mismatched junk!
541214
Check on rental rates for similar properties in your area and use those to help you determine what is a reasonable rate to charge.  Usually the deposit is paid when the lease is signed and in my experience it is a full month's rent (in addition to the first month's rental payment), although I suppose you could charge whatever you wanted for it.
435467
I'm going to try to focus into this answer this way, but I might need some additional clarification otherwise.\n\nAs I understand the way that you are asking the question, the house that you are looking at is to be your primary residence, not an investment NNN Tic...\n\nGenerally, they are not favorable options for RESIDENTIAL tenants.\n\nThey would be considered a good option for the tenant if:\n1. NNN rent + expected maintenance + taxes + insurance <= market rent\n2. You can lock in a longterm NNN rent at below market rents\n3. You are confident in the property that you are occupying/no significant deferred maintenance that you would be responsible for...\n\nI really haven't heard of many NNN leases for people's primary residences, but it would make sence.  They are much more common in the investment property/business property arena...\n\nIn the end, you'll have to do the math to determine whether the lease payments plus the additional expenses add up to a good value...
495954
That depends on what the option to purchase agreement says. As well as any agreement you may have with any agent. You had better start reading.
364240
Owning a house is the best from an investment standpoint. Condos are pretty good too although the market is different. They don't increase in value as much, you have to pay an extra monthly fee but you don't have to worry about taking care of the outside. Renting is money out the window but you may want to consider it first so that you can really take your time and look over the housing market in the area you will be going.
287952
Lease - I see it two ways..., one..., you get 100% of the tax deduction if you are a business..., second..., reduced payments...., but of courses..., at the end of the term..., your buy out may cost more....
218073
Without a doubt, it's best to buy if you can.  Paying rent is paying someone else's mortgage for them.  Better to pay tax deductible interest to the lender than to just give money away to a landlord.  Many mortgage companies collect property taxes as part of your mortgage payment, and you can have the payment charged directly to your bank account - don't have to remember or ever be late.  Just have to make sure there's enough money for the mortgage, figure out ahead what your bills will be, such as utilities, food, car payment, etc.  Years later you probably can sell your house or condo for more than you paid, it's like having lived there for free.
349676
Renting to Own (RTO) can be a great way to get into the home of your dreams especially if you have challenged credit.  If you know you can fix or boost your credit withing the time of the lease (say 2 years), then get in now and refinance into your name when your credit is better.\n\nIf you can lock in the purchase price for the full term, even better, especially if the market moves up.  This isn't always the case, but if available, good for you.\n\nDrawbacks:  If you are late on a payment you may lose your entire deposit and any credit towards the purchase price that you may have accumulated.\n\nAlso if you decide not to buy at the end of the term, you lose your deposits and credits as well.
198604
in our country,yes,so when buying or leasing property make sure you check first.if you bought a car and it had many outstanding fines on it,you would be liable.
34798
You can save a lot of money buying used. There are two things to remember though. If you need financing arrange it before hand or better yet have cash in hand. Secondly, take your time looking for the best deal. There are plenty of people who will need to get out from under a loan, or simply need to sell quickly. You will almost always get a lower price from a private party vs. a dealer.
301091
Generally it really takes one or the other. Also buying land is even a little trickier than buying a house. Its tough to get land financed since there is really nothing used as collateral. So usually it requires a bigger down payment. Having said that some other options might be to check out your local courthouse and find out if there are any tax sales in areas you might consider. These properties are behind on taxes and get auctioned off to the highest bidder for usually significantly less than market value. Also drive around and inquire about run-down properties, research owners, or find buy-owner properties. Working with an individual person might get you a deal you can handle. But try to save up for a down payment because without good credit, money is the only talker left.
652705
Above answer is correct. If this is an income property, me as a buyer rather buy a property that is making money rather than after the purchase look for a new tenants and advertise, screen tenants etc. Property is attractive if you show cash flow and if I can get cash right after purchase from rents. Always a good thing.
145694
well, generally they lease commercial buildings (defined period with contract) not rent, and your local realtor can help you with this since lots of major realty companies list these "commercial lease buildings".\n\nif you were looking to buy an ongoing business, such as a spa or beauty salon, then your best bet is to start in the major newspaper's classifieds "businesses for sale" section.  There are also a few firms that specialize in buying and selling of businesses only, but i don't know where you are, nor can i recall any names at the moment.  try searching for " sell your business" on the net, maybe you'll get some compnanies that specialize in that.  good luck!
853490
You should ALWAYS have GAP insurance on a new car, whether you lease it or not.\n\nRemember that if you lease it, you are totally responsible for not only maintaining it but protecting the asset from total loss.\n\nThe leasing company or the owner will require you to pay back the value of the car if the car is totalled.  \n\nBut the value of the car is all you will get from your insurer if the car is totalled.  If the lease is not satisfied from the amount your insurer gives you, then YOU have to come up with the rest.....unless you had GAP insurance.\n\nSo you need it regardless.  It always protects YOU from having to pay the bank or lessor in the event the car's actual value is less than what it's financed for.\n\nBut also.....you'd never need GAP insurance if you as a consumer do a better job negotiating the price of the car from the dealer in the first place.\n\nThe very need for GAP insurance points out how badly you were are getting a fair price for the car.\n\nOne way to avoid it, is to buy cars that have a high resale value.
700534
The difference in cost is enourmose it depends where it is located, length of lease, condition, use and local regulations ( some areas may have a nightwork ban imposed or noise restrictions that may include lorries attemdin the siite late at night\n\nAny reasonable commercial estate agent will supply you with a list of available properties. eg Savilles commercial.