What is rent to own?

Rent to own, as it is done with most rent to own storage buildings, is the process of buying a utility building through a lease purchase agreement. The builder, or supplier gives over possession of a storage building to the purchaser with the agreement that the purchaser will make rental payments with an option to own the building. The structure of such agreements can vary a little, but it is usually something like this:

Rent to own storage buildings: How it works

There is a down payment which most often consists of a security deposit, and the first months rent/payment. The remaining contract price will be paid in equal payments through ought the course of the contract which is usually 36 or 48 months. The amount of rent is determined by a pre set number which is based on the number of payments.

What it boils down to, is that half of each payment will be rent, and the other half goes toward ownership. Yes, you will be paying to rent the building while you pay to own the building, and this will effectively double the cost. This may seem excessive, but keep reading and you will see why it is still a viable option.

Advantages of rent to own storage buildings

• With most rent to own storage building contracts in Texas, you can return the building without having to pay the remaining rent.
• You can return the building without having any sort of hit to your credit.
• You can pay the building off early without having to pay the remaining rent cost.
• You can pay the building off early, without suffering any financial penalty.
• You can get the building, and have it delivered to your property for nothing more than a deposit and the first months rent.
• You can get on your way to owning a storage building right away instead of waiting until you save enough money.
• You can stop the perpetual rent cycle of public storage for about the same monthly cost as public storage.
• You can stop driving across town when you need something from storage which will save fuel and time.
• You can save on income tax if you use the building for business since rent is deductible.
• The cost of the building and rental, when stretched out over the life of a well built building will be only a few dollars a year as opposed to hundreds of dollars per year with public storage.
• The building will eventually be yours to do with as you wish.

There are hundreds of places to buy storage buildings in Texas, and many of them offer rent to own programs. Not all rent to own storage building offers are the same, so you should check the details with each dealer to find the one that best suits your needs. Significant variations do exist in areas such as: Return policy, and contract structure, so do your homework.

Rent to own storage buildings Texas | Dealers:

Atlas

5515 Hwy 31 West
Tyler, TX 75709

Lelands

101 Bridge Lane
Grandview, TX 76050-1924

Morgan

Dallas, TX 75266-0280

Ulrich

1726 N. Main Cleburne,TX 76033

Winslows

1501 Goodnight Wills Point, Texas 75169

Note:

These companies have multiple locations in the State of Texas. There are other manufacturers and suppliers throughout the state who are not listed here.

If you own or operate such a business which offers rent to own as a purchase method, please email us with the details, and we will be happy to include you.

See Rent To Own Storage Buildings Texas for more storage building rental information.

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Contact: james@customutilitybuildings.com

Weather conditions

What material works best in the harsh weather conditions of Texas? After careful consideration, we have come to conclude that it is galvanized, and painted steel. Storage buildings in Texas can take a beating from heat, humidity, high winds, and hail. Steel storage buildings can take the heat, and the other conditions as well.

Termites

In Texas, storage buildings must survive not only the extreme weather conditions, but also many other natural phenomena. One advantage to steel storage buildings in Texas, is that termites don’t eat steel! Wooden structures are susceptible of course, but steel buildings are immune to the ravages of termites and other wood boring creatures.

Maintenance

One huge advantage to steel storage buildings, is that they require little maintenance. Most of the modern steel siding used today is so well protected, that it will look as good in 10 years as it does today, and most are guaranteed not to rust through for 20 years or more!

Value

You can buy a wooden, or composite sided storage shed for less than the cost of a steel storage building, but that is not the end of the story. If you don’t paint or seal the building on a regular basis, you run the risk of damage to it’s contents, or replacing the building. Since there is little to no maintenance cost for a steel building, the cost for the steel building will be less over it’s extended lifetime, and that is good value!

Storage Buildings Texas is an information website. We offer 3 valuable services for the online storage building or storage shed shopper:

• Storage building information to help you decide on the best building for you. We cover such topics as financing, “rent to own”, and the best siding choices for your storage building.
• We provide help in locating the best dealer to meet your needs in your area. You could call us a building or dealer location service. Please note that this is best done via email at: james@customutilitybuildings.com
• We also have an online affiliate store for those of you who want to shop online, or who live outside the Lone Star State. Our Storage Buildings Texas Online Marketplace offers a very nice selection of fine products from the good folks at Betty Mills.

These services are brought to you by Custom Utility Buildings and X Ring Press.

People who found this website of value, also may be interested in other related information sites:

• Storage Sheds Texas
• Garages Texas
• Carports Texas
• Barns Texas

2 more new pages among several more to come, dealing with finding the best storage shed for you, and how to finance:

Storage Building Finance

Storage Building Shopping

There is a lot of  discussion of the relative value of wood and metal when it comes to storage buildings. This article should help cut down the fog:

Metal Buildings Texas Metal Storage Buildings

Storage Buildings Texas Marketplace

There is more than one way to rent space for storage, find out about the options, and get the information you need to make the most of your storage rental.

See: Storage Rental for more information.

Portable storage buildings have many options when it comes to how they can be used, and how they can be purchased. For more details, see: Portable Storage Buildings