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.
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Join the Real Estate Rookie Facebook Group:
https://www.facebook.com/groups/realestaterookie
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Get Tickets to BPCon 2021:
https://www.bpcon2021.com/
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Connect with Jessica on Facebook and Instagram:
Facebook: https://www.facebook.com/jess4homes
Instagram: https://www.instagram.com/jess_4_homes/
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Rent to Own Homes: How to Profit from a Lease Purchase 👇
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Join the Real Estate Rookie Facebook Group:
https://www.facebook.com/groups/realestaterookie
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Follow Ashley and Tony on Instagram:
@wealthfromrentals or https://www.instagram.com/wealthfromrentals/
@tonyjrobinson or https://www.instagram.com/tonyjrobinson/
Episode 115
Show notes at: https://www.biggerpockets.com/rookie115
0:00 Intro
5:49 A Pandemic Push to Get Into Real Estate
9:56 Jessica’s Real Estate Portfolio
11:01 The “Rent-to-Own” Strategy
21:14 A Real Rent-to-Own Example
27:38 Acquiring Potential Properties
30:01 Mindset Segment
33:10 Rookie Request Line
37:02 Rookie Rockstar