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Rent-to-Own
Serving your backyard storage needs
What is Rent-to-Own?
Rent-to-Own is an easy way to reach ownership- one month at a time!
It is a simple monthly rental payment that allows you to have a shed within a budget. The rental contract is simple, and there is no credit hassle involved.
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Our rent-to-own has some great features:
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A low monthly rental payment that is easy to budget.
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Real person service and assistance for your account during the entire rental process. Just text or give us a call!
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The month-to-month rental agreement gives you the freedom to return the shed with no penalties if your situation or finances change, and you can no longer continue the rental payment.
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Rent-to-own does not tie up your credit, helping you to reduce debt.
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The early purchase option will give you huge savings at any time on your account, as long as it is in good standing.
Get started today with the first month’s rent and security deposit (refunded upon contract completion with the shed ownership title) and have the shed delivered within just a few days!
Why Rent-to-Own?
Value
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Immediate protection for your valuables
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Reasonable monthly rent
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Make regular progress towards ownership
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In-person account service all the way through
Convenience
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Storage in your backyard
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Instant storage-no need to wait till you have the full purchase price
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No credit needed
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In-person account service all the way through
​Flexibility
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36, 48, 60 month rental options
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90 Day Same as Cash
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Early Payoff Discount
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No long-term commitments
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Return if necessary with no penalty
How Rent-to-Own Works
Our Rent-to-Own contract is a simple and convenient month-to-month rental agreement as an alternative to purchasing a shed outright.
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Simply pay the first month’s rent and security deposit and we deliver the shed. After the contract term is completed, the shed is yours!
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As long as the account is current, you have the option to purchase the shed at a discount at any time during the rental contract. We give you a partial credit of all the rental payments you have made to date and apply it to the original cash price, and you pay the balance, giving you a huge savings! The earlier you pay it off, the more you save!
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Once the shed is paid off, either by making the full term of rental payments or paying it off early, you receive your security deposit back as well as the title of ownership for the shed.
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Since rent-to-own is a month by month agreement, if you run into financial difficulties or your circumstances change and you no longer need the shed, you can just give us a call to come pick it up, with no further obligations or rental payments beyond that point.
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We offer payment terms of 36, 48, and 60 months to help you find a payment option that works within your budget! You pay only the first payment and security deposit, and then the shed is delivered! Each month when you make your rental payment, the rental agreement is renewed and you keep the shed for another month.
FAQ's
What is Rent-to-Own?
Rent-to-Own or RTO is a rental contract that allows you to pay rent for 36, 48, or 60 months, and acquire ownership of the storage building at the end of the contract. However, like any other rental contract, you acquire no equity in the building until the contract is completed successfully. If you voluntarily return the building, or terminate the contract in any way, there are no refunds given.
What is the interest rate on my payments?
There is no interest on a rental contract. You just pay your monthly rental payments until the contract is paid in full. If you exercise your early payoff option, at the time of payoff, on a 36 month contract, 60% of your monthly payments paid are applied toward the purchase of the building.
Can I pay extra money down on principal?
Since this is a true rental contract and not an installment sale, there is no principal to apply extra money to. Extra money received will be applied to future payments.
Can I payoff the building early?
As long as your account is current, you have the option to purchase the building rather than continuing to rent it. This is a one-time, lump sum purchase of the building. You can call our office to inquire about the cash purchase amount.
Can I send the purchase amount in several smaller payments?
No. The purchase option is a one-time, lump sum purchase of the building. If money is paid that is not the total purchase amount, it will be applied to future month's rent.
When is my first payment due?
If the building is delivered on or before the 10th of the month, your first payment is due on the 1st of the following month. If delivery is after the 10th, your first payment will be due the 1st of the second month following. (Example: Delivery June 1-10 your first payment is due July 1st. Delivery June 11-30 your first payment is due Aug. 1st.)
Is there a "grace period" before a late fee is charged?
All payments are due on the 1st. There is a grace period given until the 6th. The payment must be postmarked or paid electronically by the 6th of the month or a $15 late fee will be applied.
Can I change my due date?
All accounts are due on the 1st of every month. You cannot change this due date, but you can move the date forward by paying ahead on the account.
I was laid off from my job. Can I refinance and get a lower monthly payment?
The contract on the building cannot be re-written or the monthly payment amount lowered. Call our office to ask about possible alternatives.
Can I send a postdated check to be held until the money is in my account?
We do NOT accept postdated checks.
I have to move or can no longer afford the building, do I get a refund for returning the building?
This is a true rental contract. Therefore, you are not entitled to a refund if you return the building.
Can I send a postdated check to be held until the money is in my account?
We do NOT accept postdated checks.
How can I voluntarily return the building?
Please notify our office, preferably in writing, that you are finished with the building so we can arrange for pickup.
Can I make improvements or alterations to the building?
Per the rental contract, no changes are allowed to be made to the building nor may it be attached to other structures. If you would like to make changes to the building, you must call our office for permission.
Can I move the building?
​Please call our office and get permission prior to having the building moved.
