115: The BRRRRent-to-Own Strategy: A Win-Win for Tenants and Landlords

2021/9/22

Real Estate Rookie

Frequently requested episodes will be transcribed first

What if you could** own rental properties without the responsibility of landlording**? Not only that, what if you were paid a hefty, non-refundable deposit for your home, minimizing your risk? Would you start investing under these circumstances?

If you like the sound of that, you’ll love the rent-to-own strategy), or as Today’s guest Jessica likes to call her framework, the BRRTOR (Buy, Rehab, Rent-to-Own, Repeat). Most landlords won’t offer rent-to-own to their tenants, not because they don’t want to, but because they don’t know it’s a possibility. This type of seller financing) is what Jessica’s entire portfolio is built off of, and it has some major benefits for not only the landlord but the tenant.

Jessica also gives some great advice in our mindset segment, specifically relaying that a big part of real estate is making mistakes). Jessica has had some great deals in her real estate investing career, but not every one of them has turned out to be a superstar. The big takeaway for investors should be to** start, make mistakes, learn from them, and do better!**

In This Episode We Cover

Combining the BRRRR strategy) and the rent-to-own strategy

How to vet tenants) to find the best candidates for seller financing

The importance of putting ownership in the hands of a tenant

Finding homes that will profit in this** highly competitive market**

What to look out for when interviewing hard money lenders)

Understanding that the first deal probably won’t be a home run

And **So **Much More!

Links from the Show

Real Estate Rookie Podcast)

Real Estate Rookie Youtube Channel)

Ashley's Instagram)