Investing in Rent-to-Own Property. A Complete Guide for Canadian Real Estate Investors

  • ID: 2213757
  • Book
  • Region: Canada
  • 192 Pages
  • John Wiley and Sons Ltd
1 of 4
Investing in Rent-to-Own Property is the distillation of years of investment experience in real estate. It is a both strategy and a system, which provides stable, proven returns for the investor. On the flip side of the coin, the homebuyer is provided a house that fits their needs and budget.

Why should an investor have rent-to-own as part of his or her investment portfolio? This book lays out in clear detail the benefits of rent-to-own and how to get started with a rent-to-own strategy. Loaded with tips and case studies, here are the core components of the system:
- How to identify properties
- How to carry out due diligence
- Smart financing strategies
- How to market your system and attract interested tenants-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 reasons opt for a rent-to-own opportunity. For some it's an opportunity to check out a location for a couple of years so that they're certain it's the house and neighborhood they want for the long-term; for others it's the desire to own a home but need to grow their down payment-having a nice home while they save is a terrific option. The expertise of the investor in identifying the right property and providing the right financing is another significant aspect for the tenant-homebuyer.

The benefits for the investor are many: a solid property in an area where the fundamentals are strong; great tenants who respect the property; a profitable investment even with a downturn in the market.

Investing in Rent-to-Own Property is the quintessential tool for investors who have yet to take advantage of a proven money-maker or for those investors who want the benefit of a proven system to build their portfolio.
READ MORE
Note: Product cover images may vary from those shown
2 of 4
Acknowledgements.

Introduction.

How to Use This Book.

PART 1: GETTING STARTED WITH RENT TO OWN.

Chapter 1: Rent to Own: An Overview.

Chapter 2: Traditional Rental vs. Rent to Own.

Chapter 3: Tenant–First Rent to Own: An Overview.

Chapter 4: Building Your Network.

PART 2: FINDING A TENANT.

Chapter 5: Who Are the Candidates for Rent to Own?

Chapter 6: The Secret Is the Tenant–First Strategy.

Chapter 7: The Tenant Application Form.

Chapter 8: Qualifying Applicants.

Chapter 9: Doing Your Due Diligence.

Chapter 10: What Credit Bureau Information Can Tell You.

Chapter 11: The Financial Analysis Spreadsheet.

PART 3: FINDING AND PURCHASING THE PROPERTY.

Chapter 12: The Tenant Finds a Home.

Chapter 13: Financing the Rental Property.

PART 4: THE PAPERWORK.

Chapter 14: Various Agreements and Option to Purchase.

Chapter 15: The Deal Closes.

Chapter 16: Tenant FAQs.

Chapter 17: Worst–Case Scenario.

Appendix 1: Checklists.

Index.

Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
Mark Loeffler
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll