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For real estate transactions, alternative financing approaches such as lease-to-own carry fewer consumer protections than traditional financing, and typically involve a higher cost for the buyer. [2] Commercial loan arrangements are exempt from the Dodd-Frank Act, as a landlord might rent to own a property for the purpose of sub-letting to a ...
Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...
Using the proceeds he repeated the same pattern, purchasing houses, small apartment buildings, and strip malls primarily in working-class neighborhoods in Houston. [1] In the mid 1960s, he focused on finding run-down strip malls in high-traffic areas and after sprucing them up, he would increase the rent anywhere from 20 to 40 percent. [1]
Camden Property Trust is a publicly-traded real estate investment trust that invests in apartments in the United States. As of December 31, 2023, the company owned interests in 176 apartment communities containing 59,800 apartment homes in the United States. [1] It is the 14th largest owner of apartments in the United States. [2]
In 2005, entrepreneur Dallas Tanner and several others formed the housing and apartment investment company Treehouse Group in Arizona. [5] Between 2010 and 2011, it bought 1,000 distressed houses in Phoenix, Arizona, a city heavily impacted by foreclosures caused by the subprime mortgage crisis [2] and one of the first areas where private equity investor purchases of homes for rent took place ...
In 2005 Houston City Council Member Mark Goldberg and Jim Myers, head of the nonprofit group Southwest Houston 2000 Inc., lobbied the state government, asking the state to create what was originally called the Fondren Ranch Management District. [6] In June 2005 the 79th Texas Legislature created the Brays Oaks Management District in the area. [7]
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