Rent to Own Sheds or Pay Outright – Which Makes More Cents?

There is no denying that as Americans, we tend to acquire lots of “things.” If you’re having a hard time finding space to house your tools, equipment, and toys, a shed is an excellent way to keep things under wraps.

There is no denying that as Americans, we tend to acquire lots of “things.” If you're having a hard time finding space to house your tools, equipment, and toys, a shed is an excellent way to keep things under wraps. Unlike renting a storage unit, you can have all that you need onsite while still hidden nicely away. It is possible to rent a storage shed — but is it budget-friendly? Or is it smarter to purchase one outright? Instead of looking at rent to own sheds in Charleston, SC, these are the advantages and disadvantages to both.

Buying Avoids Interest

Sure, buying a storage shed might set you back upfront, but in the end, you own something that will add equity and value to your home. Renting to own means that you are just kicking the financial can down the road. Paying for one out of pocket means that you can avoid high finance charges. If you have the budget, or you can shop around for the best financing rate, it makes more sense to buy!

Not Everyone Can Afford to Buy With Cash

Unfortunately not everyone can afford to buy a shed outright. Financing offers a great way to buy a shed, but it typically involves a good credit rating. When you rent to own a shed, you don’t have to go through the credit application. Renting to own from Portable Buildings of Ravenel allows you to make payments along the way to ownership without the need for good credit.

Buying Means That You Own it

When you pay for your building upfront, you own it completely. You don’t run the risk of losing your investment if at some point you aren’t able to make payments. And when, or if, you want to trade it in for something newer, you have something to show for it. When you rent to own, you don’t officially own it until you make the very last payment. If something goes wrong before that time, you will forfeit your investment.

No Credit Check When you Rent to Own

If you don’t have the cash upfront, then you have two options, financing it or renting to own. Financing also might not be an option if you have a poor credit rating. Rent to own, however, is about the same as financing, you just use your investment in the shed via monthly payments, as collateral. Therefore, if you can’t finance, rent to own is an excellent alternative!

If you find that you are outgrowing your current storage space, you might be considering a storage shed to house your things. Look for a company that is willing to rent to own sheds in Charleston, SC, or, bite the bullet and purchase one. Both options just make more “cents.” At Ravenel Buildings, we work closely with our customers to find a shed that will accommodate their individual needs, while still staying within their budget. Reach out today to discuss buying your new shed.

Portable Storage Sheds or Storage Units – Which is Better for Your Situation?

One of the biggest problems that many homeowners have is finding enough space to house all of their stuff. From landscaping equipment to bikes and toys, finding a place for everything and everything in its place is often difficult to do for a growing family. That is why many consider renting a storage unit to accommodate the overflow. But over time, the rented space can end up costing you more than the contents in it, which is why portable storage sheds are an excellent alternative. So which one is better for your needs? Ask yourself these questions to find the answer.

How Much Do You Want to Spend?

Granted, buying portable storage sheds is an investment up front, which is why some people consider just renting space until they don’t need it anymore. But what most people find is that the things they store in a storage unit are often forgotten about. And by the time you remove the items from the storage unit, you could have probably just bought all new stuff. A portable storage shed is not only a great place to house things; it is a long-term investment that keeps on giving.

How Often Are You Going to Need Your Stuff?

If you are housing your valuables off-site at a storage facility, it can be a real hassle to go and get them every time you use them. This means most people make do without the item until a time that they have space for it. While it sits idle, you are paying for something that you will probably not use. Also, by the time you get it, it will be outdated and will need upgrading. More times than not, storage units are just a place to put things when you want to forget about them altogether.

How Much Room Do You Have?

One limitation that might make a storage unit a must is if you don’t have the space for a portable shed. You do need to have enough of a backyard to build a portable storage unit or be able to accommodate one that is large enough to put your valuables in. There is no sense in investing in a shed that you won’t ever use because it simply isn’t big enough. That is an even bigger waste of money than renting a storage unit!

Does Your House Allow It?

Some communities and neighborhoods have restrictions about what type of storage shed you can build based on codes and regulations. If you are limited on what type of shed you can have, that doesn’t mean that you should necessarily go with the storage unit. It just means that you might have to be a little more creative with its appearance and how you design it.

If you are tired of not having enough storage space at your home, then you might be considering whether you should invest in portable storage sheds or pay to rent a storage unit. The biggest advantage to a portable storage shed is that you have all you need on your property without having to go anywhere. Although it’s an investment up front, it is yours for the long-term. To discuss how we can accommodate your need for a storage shed, contact Ravenel Buildings today!

Metal or Wood Carport? The Advantages and Disadvantages to Both

Carports are an excellent way to keep your vehicles and toys safe from inclement weather without building a garage. They can be constructed out of either metal or wood, depending on the preference of the homeowner. When it comes to comparing the two, however, metal carports offer everything that wood carports do – and a whole lot more. These are the advantages of choosing metal carports Charleston, SC construction over wooden ones.

Durability

The durability of metal carports far exceeds wood. Carports made from metal are constructed with galvanized steel that can stand up under high winds and extreme weather conditions. Wood carports are more likely to collapse when put under extreme stress, and because they are flammable, fire is also a concern of wood versus metal construction. Metal carports are also impervious to pests like termites, which are common in the South Carolina region. And they won’t rot or warp. Although some homeowners worry about rust with a metal carport, the finish on galvanized steel carports resists corrosion and is typically guaranteed for a minimum of 20 or more years.

Cost

The cost of building a metal carport pales in comparison to a wood carport. It is cheaper from the start because there is less waste when building. Metal carports come prefabricated, so there is no waste. And the small amount that is left over after construction can be recycled, which is a win-win situation for everyone.

Maintenance

Wood carports require staining or painting every season to keep the wood from rotting. That is a lot of maintenance when you compare it to metal. Also, over time, wood carport shingles will need to be repaired or replaced. A metal carport does not require maintenance, and it will hardly ever need to be repaired or have any parts replaced.

Time Considerations and Assembly

Metal carports are pre-assembled so they are ready to be put together upon delivery. They are precisely pre-cut, so all you have to do is piece them together. Most metal carports can be put together in just a couple of hours, whereas wood carports can require the labor of many days to cut and piece together. Unlike wood carports, metal carports need nothing more than a few nuts and bolts to construct, and they also don’t require an extensive skill level if you plan on doing it yourself.

When you compare metal carports to wood carports, metal wins as being the less expensive, less labor-intensive product, and it needs less maintenance. The one place where metal carports don’t always win is in aesthetics. However, metal carports are just a better fit to withstand the high winds and tumultuous storms of the South Carolina Coast! If you are interested in a metal carport, Ravenel Buildings has a wide variety of sizes and styles to choose from. We are the leading metal carports Charleston, SC builders in the industry. Contact us today to discuss how we can get your car under wraps in no time.

Should You Buy a Used Utility Shed or Go for New?

With the new year upon us, many are starting to clean up and clear out. If you are looking for extra space to house things like landscaping tools or garage overflow, then a shed is a perfect way to hide it somewhere where it is safe. There are many options when it comes to sheds; they come in many different shapes and sizes. You can also buy them new or used. So, how are you to know what you need and which will suit your needs best? These are factors to decide if you should buy utility sheds for sale that are new or used.

When you buy Used

You Won’t get to Customize

Although it is a shed and in the backyard, that doesn’t mean that it is hidden from sight. If you buy used utility sheds for sale, you’ll get it as is. That means that you can’t customize it to suit your home’s style. If you buy new, you can make it look like an addition to your home, not an afterthought. Sometimes it is better to spend a little extra to increase the equity of your home’s value than to buy an eyesore to save a couple of dollars.

You Won’t get a Warranty

When you buy used, you get what you pay for, and in this instance, that means someone else has used it. A good shed is meant to protect your stuff from outdoor elements, but there is no way to guarantee that your used shed doesn’t have some things wrong with it. If you buy new and something goes wrong, you have someone to turn to to make things right. If you buy it from someone else, you are working under the “buyer beware,” which can really sting if things go the wrong way.

You Have to Move it

If you buy a used shed, more times than not you are responsible for both moving and reassembling it in some cases. There is nothing less fun than spending your day, or even your week, moving a shed and then rebuilding it where you want in the backyard. Buying new might cost a little more, but then you have the luxury of someone delivering it and setting it up. That means you have safety knowing that it won’t be damaged in transit and that someone will be putting it together professionally for you.

You Can’t Finance it

Depending on how much you have to spend, when you buy used, it isn’t as if the person will take installments for payment. Purchasing a new shed might cost more, but if you find a company that will finance the total cost, you can pay it off monthly. For many people that means just a little bit, and to get something new over used, it is well worth it to go for fresh and new!

If you are ready to take the plunge and purchase a little extra space by investing in a shed, invest wisely. Sometimes when you try to save pennies, we end up spending dollars. A new shed will come with a guarantee, delivery, installation and sometimes financing, so what are you waiting for? Forget the phrase one man’s junk is another man’s treasure and get a real treasure by purchasing a new shed from Portable Buildings of Ravenel today.

Author: ravenel