Let me first explain I think investing in rental property really is a great investment if done right. But, if there as a better way to make money from your rental property, wouldn't you want to know about it?

The best way that I have come across to make money from your rental properties is Lease-Option and here is why.

The first reason is you have someone agree to pay you more than the going rates for your home for a 2-3 year period. They are willing to give you a bigger deposit than someone who is just a traditional renter and are morelikely going to take better care of it since they are planning to purchase it. Unlike with a renter if they  decide to not buy the property, you get to keep the down payment no matter what.

Second you don't have to do repairs in the middle of the night. Those are done by the buyer. They are responsible for all repairs as a owner.

The last and biggest reason that this can be such a great option for a owner of a rental property is that instead of having the home marketed for rent for 30-60 days, with a call to me, I can usually have someone in the home in less than 15 days.

The advantage to the home buyer is that they get a home that they normally wouldn't get a chance to own. It gives them time to fix their credit and refinance the home in that two year period.

When the buyer does exercise their option to buy the property, you, as the owner, can then take the proceeds and do a 1031 exchange and buy another property, or two, and start the whole process over again.

For more information on Lease-Option and how they can increase your profitability, please e-mail me or call me anytime.

Todd Clark - broker
Kastings & Associates
(503)524-9494
Todd@IFoundYourNewHome.com
www.IFoundYourNewHome.com