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Rent to own, Experience and buy

The beginning

The nomadic man had no possessives, he hunts, collects, gathers, eats and throw away the things and walk away. What he wore on his body was all that he actually possessed. However, as he shifted from a nomadic to a civilized lifestyle, he fixed his roots to a specific area and a geographical location for a stabilized approach towards life. He began to collect possessions, he needed a fence to keep his house secure, he needed a basket to keep the grains, he need a pen to store the pigs, he needed to own pigs or a whole lot of chicken when he wanted to eat meat but couldn’t go hunting.

Over a period of time we moved into an economic society where ownership became a part of life that these days from the instant you’re born, you find things owned around you and at an early stage a young child is taught to differentiate what is his and what is not his. Ownership portrayed in a diversified medium is the introduction of the concept rent to own.

Right to own

Ownership means you possess, retain and have the rights to resell any movable or immovable unit. As these movable or immovable units cost a substantial amount of money, many times you may not have all that money in one go to pay for the product, in such cases, you could take an option of paying for the product in 2,3,4,…24 installments and it is between  the buyer and seller as to when the product is handed over to you.

In some cases, the product would already be received yet you keep paying its cost over two years, also known as loans, The other case, that is the idea of rent to own is you only keep paying for the product for 2 years and only then will you get the product.

Differentiate to Know

Certain products are revenue generating, However, certain products are non revenue generating. If I were to buy a product which in itself generates revenue the intelligent option would be to use a part of that revenue to repay the loan that I have taken which is in relative objectified as rent to own concept

Rent to own: Simplified

So, if we’re talking about a concept called Rent to own. It would primarily be applicable to real estate, houses, housing resorts, hotels, restaurants, shopping malls and cars all of these can be rented and a regular revenue can be generated by them.


Today if I want to buy a property worth $100. and I’m going to repay it over 20 months with interest I may repay about  $7 or $8 a month if i’m able to rent this property or a vehicle through the rent to own design for 4 or 5 rs, my outlay on the effective purchase is only $2 pmo. At the end of 5 years, the property still belongs to me, though i have paid far less than what I would have to pay at a utilized property. This I achieved by renting out the property or vehicle to someone else who paid the money for that. I have the distinctive advantage of gaining the product for free, whereas, the disadvantage is that, during the initial stages the product has been used by someone else who contributed to usage charges for my product


The concept of rent to own or buy to rent relies simply on this. If I were to rent a house for $100 and get a 4 bedroom bungalow, i stay in the house for 5 years, at the end of 5 years all I get is the empty space and a letter saying that I don’t live here anymore, however for the same amount of money, which I am spending, I can live in a three-bedroom house or a two-bedroom as a rent to pay where i take a mortgage on this house and the amount I repay includes not only the bank repayment but the hypothetical rent on the property at the end of 5 years i would end up owning this 2-bedroom house.

 The choice is yours

It is for us to decide whether, for our money, we require continuous luxury of 4-bedrooms for 5 years and nothing after that or restricted luxury with the help of the winning scheme called rent to own, 2-bedrooms for 5 years followed by perpetual and perennial ownership of the house after that.