Investing in Rent-to-Own Property is the distillation ofyears of investment experience in real estate. It is a bothstrategy and a system, which provides stable, proven returns forthe investor. On the flip side of the coin, the homebuyer isprovided a house that fits their needs and budget.
Why should an investor have rent-to-own as part of his or herinvestment portfolio? This book lays out in clear detail thebenefits of rent-to-own and how to get started with a rent-to-ownstrategy. Loaded with tips and case studies, here are the corecomponents of the system:
- How to identify properties
- How to carry out due diligence
- Smart financing strategies
- How to market your system and attract interestedtenants-homebuyers
- How to identify and choose tenants-homebuyers
- The rent-to-own contract
- Obligations of the investor to the tenant-homebuyer
- Obligations of the tenant-homebuyer to the investor
- The team of experts: agent, lawyer, lender, home inspector,accountant
- Exit strategies
There are many singles and couples who for a variety of reasonsopt for a rent-to-own opportunity. For some it's an opportunity tocheck out a location for a couple of years so that they're certainit's the house and neighborhood they want for the long-term; forothers it's the desire to own a home but need to grow their downpayment-having a nice home while they save is a terrific option.The expertise of the investor in identifying the right property andproviding the right financing is another significant aspect for thetenant-homebuyer.
The benefits for the investor are many: a solid property in anarea where the fundamentals are strong; great tenants who respectthe property; a profitable investment even with a downturn in themarket.
Investing in Rent-to-Own Property is the quintessentialtool for investors who have yet to take advantage of a provenmoney-maker or for those investors who want the benefit of a provensystem to build their portfolio.
You can read this item using any of the following Kobo apps and devices: