View Full Version : Rent To Own?

03-21-2007, 02:17 PM
Are there many rent to own style businesses in your area? How do you think they do?

It's interesting when you see what people risk when starting their business. Rick has 3 kids and a wife and risked his house to get his business up and running.

Not many people would be willing to do that!

Rick Vadnais Grows His Rent to Own Business Despite New York Winters (http://www.rtoonline.com/Content/Article/Mar07/RTO_MagazineRickVadnaisProfile032107.asp) - “I first got the idea 10 or 12 years ago when I was working for a friend of mine, Steve Ratliff, at Express Rental. To see how successful he was in a small town got me thinking. I learned a lot about independent operations but it took me some time to really commit to the idea. Let’s face it – when you work for a major company your DVP isn’t going to visit you and say ‘Hey – you’re doing such a great job you should go out and do this on your own!’ That thought process has to come from within you. You have got to believe that you can do this and you have got to be willing to risk everything on yourself. I’ve been married 16 years and we have three kids. My house is on the line for this. Everything I’ve worked for is on the line. Not everyone is willing to take that sort of risk. But it’s what ultimately drives you to succeed – knowing just how much is at stake.”