Is Rent To Own A Good Investment Strategy? with Donna Cook
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In this episode of the Savvy Investor Podcast, we welcome Donna Cook. Donna is highly recognized in our real estate community for her extensive experience and knowledge in real estate investing, particularly in rent-to-own strategies.
In this episode we discussed:
- Introduction to Rent-to-Own
- Donna's Background: From flipping houses to long-term rentals, multi-family units, cottage building, duplex conversions, and ultimately focusing on rent-to-own.
- Why Rent-to-Own?
- Stability & Strategy: Offers stability over typical tenant management issues; clear exit strategy from the start.
- Tenant First Approach: Focuses on finding suitable tenants before acquiring property.
- Understanding Tenant Profiles
- Ideal Candidates:
- Individuals unable to qualify for mortgages due to insufficient down payment or credit issues.
- New immigrants or self-employed individuals needing time to establish financial history.
- Benefits Over Traditional Renting
- Pride Of Ownership Encourages Better Property Care
- Fixed Future Purchase Price Provides Predictable Investment Returns
- & more!
Learn More About Our Trusted Partner - Front Lobby
FrontLobby is a platform designed for Landlords, Property Managers, and Renters. Our mission is to improve the rental industry for everyone. We believe in creating a win-win scenario where Housing Providers and Renters prosper.
Would you like to learn more?
Visit: https://thesavvyinvestor.ca/front-lobby
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Disclaimer: The views and advice expressed on this podcast are those of the participants and do not necessarily reflect the opinions or beliefs of the podcast host or affiliated parties. The content is for entertainment purposes only and should not be considered as professional financial, legal, or investment advice. Listeners are encouraged to conduct their own research and consult with qualified professionals before making any financial decisions. The podcast host and producers are not responsible for any actions taken based on the information provided.
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