Outside of the rental websites, Craigslist and the local paper, your best bet is using a local REALTOR, particularly one who specializes in multi-family homes and rentals. They routinely work with investors so they always have their "ear to the ground" for new opportunities.
I'm currently carrying a couple of rental properties myself. One is a 3BR, 2.5BA house in the Mt. Carmel section of Hamden and the other is a 2BR, 2BA townhouse-style condo in the Westville section of New Haven. If you'd like more info, please email me at EmbarkWithMARK@GMail.com.... more
I see you picked up on that thought from your earlier thread. In my experience, the sellers are overwhelmgly wanting to sell. It would be rare. The answer I gave you in the earlier thread is the best one, believe me.
Its really going to depend on the agent. I do some rent to own and the biggest problem I've run into is that other agents rarely understand lease purchase/lease option deals and are therefore resistant. However if you can explain how it is beneficial to all parties you'll have some luck specifically with properties with high DOM's and those that are priced a little too high so they are not moving. Commissions will generally run from 1-2 months rent up front with remainder of commision at closing, or perhaps a few % up front with remainder at closing. Ideally of all commissions get paid up front you'll get less resistance from agents/sellers. But as in all real estate deals....everything is negotiable.
However if you're thinking about a sandwich L/O, with an agent involved - good luck. Count on TONS of resistance.... more