|
||||||||||||||||||
|
||||||||||||||||||
|
||||||||||||||||||
Frequently Bought Together
Product Details
|
Product Description
Product Description
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.
About the Author
Mark Loeffler is a savvy entrepreneur who realized early in his life that he wanted to be his own boss. After considering a number of options, he decided that real estate would be his vehicle to financial independence. He started out as a traditional investor, buying properties and finding suitable tenants. But then he hit on the idea of rent to own and has spent years refining his rent-to-won strategy and building a network of properties and experts across Canada. Mark is a sought-after speaker and a Gold Member of Canada's top real estate investment network, REIN. Now independently wealthy, Mark shares the secrets of his rent-to-own strategy with investors, lawyers, and mortgage brokers who are keen to learn about a hands-off investment that offers positive cash flow and consistent ROI. Look for Mark's weekly e-newsletter, "Secrets of Savvy Investors" and be sure to visit his web site www.theversatileinvestor.com
Mark resides in the beautiful High Park neighbourhood in Toronto with his wife and young daughter.
Mark resides in the beautiful High Park neighbourhood in Toronto with his wife and young daughter.
Inside This Book
(Learn More)
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|
What Other Items Do Customers Buy After Viewing This Item?
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most helpful customer reviews
3 of 3 people found the following review helpful
3.0 out of 5 stars
It's OK,
By L. Brost "The Conflict Guy" (Saltspring Island B.C. Canada) - See all my reviews (TOP 1000 REVIEWER) (REAL NAME)
Amazon Verified Purchase(What's this?)
This review is from: Investing in Rent-to-Own Property: A Complete Guide for Canadian Real Estate Investors (Hardcover)
This book has two faces. The first face, which is intended to be an illumination of rent-to-own housing as an investment strategy, is extremely one-sided. The author fails to show any real risks emanating from this strategy - and there are- and uses the sad, overused Tom and Sally's Story storytelling format. It does a very good job of talking about the actual process (and even includes the necessary forms) and due diligence in buying and selling such property. On the whole, not bad as long as you don't use it as your sole tool in deciding in rent-to own is the best investment strategy to pursue. Full disclosure- I'm entering into the R2O game.
3 of 3 people found the following review helpful
5.0 out of 5 stars
Rent-2-Own Manual,
This review is from: Investing in Rent-to-Own Property: A Complete Guide for Canadian Real Estate Investors (Hardcover)
Mark Loeffler has written a very informative and detailed book about the rent-to-own market, with special reference to Canada.With successive governments encouraging home ownership and the current small initial deposit required to buy a house, rent-to-own is not very big. Loeffler, however, describes the profile of the typical tenant likely to apply for an option to buy the property s/he lives in admirably and goes through each of the steps which a supplier of such a service ought to follow. Loeffler shows how entering the rent-to-own market would be ideal for the private investor wishing to supplement his income and willing to examine his applicant's financial position, looking for people who can afford a house but, due to circumstances, cannot purchase one immediately. I enjoyed the book and its pace. It builds gradually, but surely, from first principles, without wasting space or being verbose. I also found the website's resources useful, include the sample agreeements.
4 of 5 people found the following review helpful
5.0 out of 5 stars
A Winning Strategy for All Parties!,
By
This review is from: Investing in Rent-to-Own Property: A Complete Guide for Canadian Real Estate Investors (Hardcover)
Mark Loeffler''s '"tenant-first rent-to-own'" strategy is truly a winner for all parties! My only criticism is with respect to style so I'll get that out of the way now: this book might have benefited from tighter editing. That aside, Loeffler clearly explains and outlines each step of this investment strategy in sufficient detail to be of tremendous assistance to any active real estate investor.Part 1 lays a firm foundation for the chapters to come by providing compelling reasons why one should explore this approach, and then clearly and comprehensively describes how to start, and who you need to know. Part 2 is a rich resource for identifying and sorting prospective clients, and one that should be referred to and mined frequently for continually growing a client list. Part 3 briefly describes how to find and purchase property which is certainly sufficient for seasoned investors, but beginners would do well to seek additional education and coaching in this area. Part 4 will be a HUGE time, money, and mistake-saver for most new rent-to-own investors! Both here and on his website ([...]) Loeffler generously shares forms and contracts developed through his own trial and error. This book wraps up with two helpful sections. The first, called Tenant FAQs, enables the investor stay a step ahead in the process. The second, Worst-Case Scenarios, attempts to alleviate fear and encourage action. The title turns light reading on significant strategy. Loeffler does an adequate job of describing the rent-to-own process with a terrific tenant-first twist. I readily recommend this book to fellow real estate investors and thank Mark for sharing his experience and insight.
Share your thoughts with other customers: Create your own review
|
Most recent customer reviews |
Listmania!
Look for similar items by category
Look for similar items by subject
Feedback
Would you like to update product info or give feedback on images?
|
