I know lease options are less risky and more profitable than many alternatives. Especially, for new investors. I believe that you and I can learn from each other. To stay on the cutting edge of the ever-evolving real estate market. Finding rent to own properties is critical to your success.
Whom is lease option investing suited for?
Well, any investor. Yet, beginning investors that are cash poor find it particularly appealing. As does the experienced investor that has maxed out his or her ability to get new financing. Also, every investor between.
Step 1 – How to Find Rent to Own Properties
First, understand the nuts and bolts of lease option investing. Your find investment properties with a high profit potential as a lease to own. Notice that I said “investment properties”. I didn’t say find properties “own” or “buy”. Real estate investing is about “controlling” as many properties as you can. It is NOT about “owning” as many properties as you can. This is why the sandwich lease option is ideal.
The key wisdom of how to find rent to own properties means taking control of a house with a lease option. You don’t own it, no one can sue you for it, no one can put a lien against it, this is low risk investing. You pay a small “option fee” for control rather than a hefty down payment. That makes it low cost. What you are looking for is a low risk/low cost investment property.
Once you control the property, you find an end buyer wanting a lease to own arrangement. The sandwich lease option puts you in the middle as the meat in the sandwich. The meat is the best part where you can profit three times. You charge a higher lease option fee. You charge a higher rent from the end buyer than you pay to the seller. And you charge a higher sales price from the end buyer than you pay based on the original lease option. Those are the nuts and bolts of how to find rent to own properties.
How to Find Rent to Own Properties – Targeting Prospective Sellers
You are not in the same real estate market as other investors or first time buyers. There are plenty of lease option sellers out there when you know who to target. Among the many opportunities, your best includes people that are willing to both sell a house and/or rent it out. These are people needing to generate cash from the property they own. A lease option generates instant cash for them in the form of the option fee as soon as they sign the agreement. You can even hand them cold cash right at that moment. It then pays a passive income to them in the form of your monthly rent check.
Sandwich lease options allow you to write flexible agreements, tailored to the deal.
Win-win-win scenarios when the seller, you as the investor, and the end buyer all come away with what you want. How to find rent to own properties involves another likely prospect. The tired or retiring landlord.
These are people that no longer want to manage their rental property. You’re offering, quick cash with the option fee. A passive monthly retirement income, and a retirement nest egg, when the end buyer closes.
Finding rent to own properties is about…
Getting a homeowner that answers “Yes” to these two questions:
- “Are you interested in renting your property on a long term lease for between 2 to 4 years?”
- “Are you interested in selling the property to me at some point during the same 2 to 4 years?”
Real estate investing does not need to be about owning as much property as possible. It should be about controlling as much property as possible for the least amount of money and risk. That makes the Sandwich Lease Option the most attractive investing method I know of. You can take control of the property for a couple of hundred dollars.
By Wendy Patton
For more than 30 years, I’ve used the Sandwich Lease Option System to earn millions of dollars. I know there is plenty of opportunity in real estate investing for everyone. I want to see you be successful. That is why I am sharing my Sandwich Lease Option System with you.
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