Investors are motivated by profit and achieving financial goals.
One of the most appealing things about buying a Leaseback home for an Investor is getting income from Day 1. When the house is purchased, the lease agreement goes into effect immediately. There is no down time, and no vacancy.
With few exceptions the capital expenditure or renovations are deferred until they move out, which could be in a few years. The expectation is that the renter will continue to treat the house with the same pride and care as before.
Familiarity with the nuances of the house, the appliances, the neighbors and even the trash schedule makes the former homeowner an ideal renter.
