Having companies like easyknock around for a few years which have been offering the purchase with lease back, but it seems like the controversial idea is much more convincing and digestible for sellers in distress. Liability of paying property tax, insurance and repairs, have left home owners not much choice to divert to become a tenant and cash out their equity for back up investment or bare security. Unknown political and pandemic turbulences are bringing homeowners with some sort of distress to bow down to making the decision to sell their property and become tenants. How about smaller investment firms? will this be the ultimate scenario for passive investment marketing? Would you be willing to keep the seller as a tenant? what precaution should you take to secure your investment in transitioning to tenant?
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