Most people in America rent their personal dwelling!

Just think how many families rent a house or an apartment, a duplex or a condo.

Yet, nobody prefers renting.

Who wouldn't want their own home, if they had the choice.

Even if, say, someone moves into town on a temporary basis, unless their schedule precluded it, wouldn't they prefer buying a house, getting appreciation even for the short term, and selling for a profit in 6 months or a year?

Maybe there are exceptions, but I can't imagine anyone really preferring to rent when they could own.

After all, most rental houses are not even preferable. The condition of rental houses occupied by family after family makes them less desirable. It's NOT THE BEST HOUSE simply because it IS a rental house! And sometimes a rental house is a real dump. Families move in, families move out, and the landlord CANNOT and IS NOT ABLE to maintain a rental house in TOP CONDITION! The main reason a rental house is impossible to keep pristine is because renters don't treat a rental house like their own.

Yes, there are exceptions, but most rental houses are not up to snuff. I know, because I use to own $10 million worth of them. I had some very nice properties, but there was always something wrong that needed fixing. They were less desirable houses because they could never be brought up to first class and maintained that way. If I had been the owner AND occupant of that house, I would have tried to fix it up in top condition.

When you fix up houses to sell, "Renting America" is your marketplace.

(1) You can never exhaust the demand. Everyone prefers their own house. It's still the "American Dream."

(2) It's easy to create an immaculate house that outshines most rental houses.

(3) Renting is a financial fiasco because the same money could easily have been an investment instead of an expense.

Learn to extract the open-minded tenant who has ambition to become a home-owner.

Dr.Phil Speer