As investors, how cool is it when we get a great deal on a home and finally get it leased out? When we buy investment homes that we plan on keeping, isn't the best day the day we rent or lease them out?
I have taken a reverse approach on finding investors for a new project. I have signed contracts with a local builder to sell (refer the sale to the builder actually) for 20 out of 140 homes at a great discount. No fees to pay, marketing, commissions etc so the price reflects this.
I get incoming calls from prospective lease option tenants (prospective) and need to find buyers for the homes in order for these people to move in. These people are doing a two year lease option at a pre-determined price (the system is in place but as the owner, you do what ever you like).
I advertise all the time for lease to own tenants for these homes. I do this so that when an investor wants to buy the home, someone wants to move in. It does not always work like this but that's the main goal.
Being a buyers market, we all know that key is "buy low and sell high" - no secret huh? But does it always work like that? Not when you bought high and are trying to sell now (low).
Investors (or people that do not need to sell a home first in order to buy) are in the drivers seat in this market. The flexibility to buy when prices are low.
Any takers to learn more? The only thing you have to loose is a bit of time!
The system is in place, the homes are in place, the process is refined. If buying is your thing, I hope to hear from you. If you have anything to add, ideas, what works, what does't, things you want as an investor, please let me know!
Thanks for reading!
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