Rent To Own Investment Strategy
One of the most common ways people invest in real estate is acquiring rental properties. Adding “doors” to your portfolio (as they say) comes with the endless challenges and hassles of being a landlord. What if you could own a property and rent it out with stronger cashflow than you imagined to tenants who have a vested interest in the property? With the Rent To Own Strategy you’ll be able to help a family on their way to home ownership with strong returns, absolutely no maintenance costs, and complete peace of mind that you are protected against risk, costs, and market fluctuations.
CONSCIOUS CASHFLOW WITHOUT THE HEADACHES:
One of the biggest differences with a Rent To Own is that the people renting the house you own are homeowners-in-training and they have a vested interest in the property. In fact, we call them tenant buyers, because they are tenants for a few years with the intent to then purchase the property. They go through a rigorous screening process prior to being accepted into the Rent To Own program (less than 3% of applicants are approved). They also provide a significant deposit payment at the start of the term that they only get back if they buy the property at the end of the program. As tenant buyers, they take care of the property as if it’s their own and programs typically range from 2-4 years.
Renters Who Really Care
Your Investment’s Security Make The Most Of Your Mortgage Qualifying Ability
The real estate in your home market may be hot, hot, hot with exorbitant prices, but that doesn’t exclude you from investing in a Rent To Own somewhere else in Canada where the prices are far more reasonable. If you can qualify for a mortgage on a purchase price of even $150,000 and have at least $40,000, you can invest in a Rent To Own. With returns of 16 - 22% per year, why not take advantage and use your mortgage qualifying ability on an investment? In fact, it’s becoming increasingly popular for millennials to invest in a Rent To Own before purchasing their own home.
WHAT’S UNIQUE ABOUT RENT TO OWNS
Your Rent To Own Partner In Crime
There are several ways to invest in a Rent To Own, but the way I do and teach it is completely passive and headache-free! By partnering with a Rent To Own company that does all the heavy lifting, you are free to enjoy all the benefits without lifting a finger. The Rent To Own company is responsible for finding the tenant buyer, putting together the financials, supporting house hunting, helping with credit repair, doing home inspections, leading all the paperwork, preparing the tenant buyer for homeownership, and dealing with any unexpected issues. There are many Rent To Own models out there and you must know how to evaluate a deal. Don’t just trust that every deal is a good deal (you’ll learn all about this when you work with me!).
Enjoy The Upside And Protect Yourself From The Downside
Not only does it feel good to help a family who’s aspiring to get into home ownership, but knowing that you have all the upside and are protected on the downside is vitally important too. As part of the program, the tenant buyer is responsible for all the maintenance and repairs throughout the term. They’re also encouraged to make improvements and personalize the property with their own money before they own the home. By making it feel like their home, did you know that 97% of tenant buyers buy the home at the end of the term? And in the instances where they don’t buy the home, the investor usually makes even more money than originally intended (I’ll teach you more about this win-win and how you are protected when you work with me!).
A WAY better alternative to rental properties!
HOW RENT TO OWNS WORK IN A NUTSHELL
Challenges with Traditional Rental Properties:
Rental properties are tough to cash flow given all the costs of day-to-day expenses
First and last month’s rent aren’t security. They are intended to cover the rent in the first and last month of tenancy
Renter’s don’t care about the property like you do. At the end of the day, they are just renters
An unexpected maintenance expense can wipe out months of positive cash flow
There is no defined exit strategy, you just keep holding the property with very little option to tap into any building equity
Tenant turnover and vacancies do happen (trust me!)
Finding good quality tenants can be a headache and challenging to get done in a timely manner
Doing the property management yourself can be very time consuming
Good quality property management is hard to find and is often expensive
Traditional real estate strategies aren’t the best at making your money work even harder for you. None of the above apply to a Rent To Own. That’s why I can’t wait to show you the world of passive real estate strategies. They’ll transform your life and your finances!
Strong return on investment (16-22% per year)
Advantages of Rent to Own:
Can qualify for mortgages on a purchase price starting at $150,000 with a $40,000 down payment
Tenant buyers provide a significant deposit at the start of the term for security
Tenant buyers are responsible for all maintenance costs and repairs
Strong cash flow with no interruptions
Defined exit strategy and fixed future sale price at the end of the term
Tenant buyer takes care of the property as if it’s their own
Tenant buyers invest their own money to improve the property
Property management requirements are very low and the cost is baked into the financials
See for yourself how the financials of a Rent To Own generate such strong returns
SEEMS TOO GOOD TO BE TRUE? DEEP DIVE INTO THE NUMBERS!
1:1 Rent To Own Coaching & Mentoring
Hands-on first class support to introduce you to the world of Rent To Own and hold your hand on your first deal! You must be able to qualify for a mortgage on a purchase price of at least several hundred thousand dollars and have at least $100,000 in cash for a down payment.
Rent To Own Course
Learn more about how to invest in your first Rent To Own on your own time and have the right tools to do it without trial and error. To implement the strategy, you must be able to qualify for a mortgage on a purchase price of at least $150,000 and have a minimum of $40,000 in cash for the down payment.
Being A Tenant Buyer In A Rent To Own Program
Looking to be a tenant buyer and get into home ownership? My team and I can help!
READY TO GET INTO RENT TO OWN?
“I began to work with Limor and this was life changing. She was there every step of the way, and these steps were crystal clear, Limor was quick to answer any and all of my questions I had. She taught me patience, and most importantly she took away that fear. I'm happy to say that I now have income streams from a rent to own and I'm making 20%+ returns, this was only possible with Limor’s help. I am forever thankful for the day I met her. Limor is an important part of my financial future!”
“We recently completed the Rent To Own program which was awesome! The mentorship and class were amazing and coming from not having a very strong background in finances, Limor put us at ease and she answered all our questions. During the mentorship Limor was always available for us and helped make quick decisions. We started a Rent To Own that will have a return on investments after 3 years of 22% and it's going to bring us the cashflow at $920 a month.”
“I decided that I wanted to do real estate investing. But I knew I didn't want to be a landlord or flip houses. I was trying to look at different strategies and came across Limor’s program for rent to owns, and it was a great program that I took because it really taught me about the ins and outs of rent to owns. My favorite part of this program is that Limor coaches you and supports you in your first investment. I appreciate this program because it was one of the best decisions that I've made for my financial future. I'm earning passive income and really excited about it. And I can't wait for my next investment.”
- Senait I.
Limor has been a board member of the Canadian Association of Rent To Own Professionals since Nov 2019. The Canadian Association of Rent to Own Professionals is the collective voice of rent-to-own professionals across Canada who operate ethically and strive to create successful outcomes for their clients, their investors, and their programs. CAROP’s mission is to educate and monitor it’s members in order to achieve successful outcomes between Rent to Own Professionals, clients and investors.
Limor was the host of the National TV show, The Fortunate Future which aired in 2018. On the show Limor interviewed experts on Crytpocurrency, Real Estate Investing and Personal Finance.
