Our friends in the American real estate investing community have been working with Rent-to-Own for years. Now, Rent-to-Own is getting more attention in Canada as a Creative Investing Strategy. Today we are featuring a guest blog post from Ashely Lipman. She provides a short summary of Rent-to-Own in the USA, upon which I’d like to share some thoughts for my Canadian readers.
This complete guide to Rent-to-Own in Canada is everything you need to get into investing in real estate with Lease Options; start making money now!
Your home study kit includes:
- 15 videos filled with expert coaching from a live, two-day, Rapid Cash Focus Workshop
- 15 audio versions of the Focus Workshop videos, perfect for on-the-go listening
- 1 detailed manual with nearly 300 pages on Rent-to-Own
- Bonus: templates and precedents to get you started—fast!
This is what gives Rent-to-Own (a.k.a. Lease-Options) a bad name. The British Columbia real estate regulator issued a rare ‘Emergency Suspension’ to a BC realtor and his company. Briefly, the realtor allegedly looked for homeowners in foreclosure. Then he would buy the properties from them at less than market value and rent them back under … Continue reading Predatory Rent-to-Own? That Could Net You a $250,000 Fine!
Podcast Episode 80: “Rent-to-Own.” Rent-to-Own (abbreviated as RTO and often interchangeably called a Lease-Option) is a two-part strategy. You start with a lease (the ‘Rent’ part) and add an option to purchase (the ‘Own’ part). In a Rent-to-Own scenario, the renter is, for some reason, unable to finance at the moment. Examples of financing problems … Continue reading What is Rent-to-Own?
Podcast Episode 67: “Coaching Successful Lease-Options.” When a qualified tenant wants to be a homeowner, but can’t get a mortgage, investors can offer him or her a lease-option. This creative investment strategy is also known as rent-to-own. The trick is doing enough diligence on the tenant to make sure that they will be able to … Continue reading Rent-to-Own aka Lease-Options
Podcast Episode 123: “Creative Real Estate Investors Panel.” Special one-hour dive into the trenches of Creative Real Estate in Canada… and Africa! Barry has gathered a panel of experts, veritable rockstars of Creative Strategies, to share their experiences and answer questions from the audience. The essence of Creative Real Estate Investing is knowing strategies and … Continue reading Panelists Share Experiences with Creative Real Estate Investing – plus Q & A
Powers of Attorney are a great tool, providing flexibility and control in many Canadian real estate situations.
Starting with a two-day workshop, the Rapid Cash Program gives you everything you need to get started—and keep going—with Creative Real Estate Investing. Barry and his Focus Team provide step-by-step coaching on how to find, analyze, negotiate, manage, and exit deals.
Podcast Episode 45: “You Don’t Know What You Don’t Know.“ A new real estate investor managed to avoid a rookie mistake. He was about to enter into a rent-to-own agreement with someone, but the paperwork was so vague as to be useless. Luckily he brought it to me, and I told him to run! Download … Continue reading Rent-to-Own Fiasco
Yes folks, seller financing as a strategy is on the rise here in Alberta. Tougher times yield opportunities for creative deals.