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Rent to own housing is an arrangement in which the tenant rents a home for a specific period of time. After that time period, the renter has the option to purchase the home from the seller for an agreed upon purchase price. This agreement can be a mutually beneficial situation for both the buyer and the seller.
Today’s guest, Forrest McGhee, is here to share his strategy for investing in rent to own housing! You’ll learn how he finds homes, how the rent to own process works, and how to make this strategy successful for everyone involved. Don’t miss episode 485 of Investing in Real Estate!
On this episode you’ll learn:
How rent to own real estate works.
The importance of learning how to wholesale.
What subject-to means.
Forrest’s criteria for finding homes.
How to find rental comps.
The timeframe to switch over ownership.
If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.