What you’ll learn in just 17 minutes from today’s episode:
Find out the investment strategy that has given Kevin steady cash flow and an appreciation advantage with the property
Learn about the benefits of focusing on rent-to-own properties
Find out ...
What you’ll learn in just 17 minutes from today’s episode:
Resources/Links:
Summary:
For the past 10 years, Kevin McHardy has built a steady love for real estate by focusing completely on relationships. Whether it’s helping families proudly move into their first Rent-to-Own home, or reporting significant returns to their growing team of investors, or learning from like-minded leaders in the industry, it’s the people that make his work matter. In this episode, Kevin shares his rent-to-own investment strategy and how he structures deals around them. Creating benefits for both the investor and the tenant-buyer at the same time, and taking the worries off of the property management, as it is taken care of by the tenant.
Topics Covered:
Key takeaways:
“The benefits for tenant-buyers of our program is, they’re picking the house and we’re buying it right for them, they’ll know their set purchase price. That’s a great scenario and the rents won’t increase.” – Kevin McHardy
“As a rental operator the benefits for us would be obviously great, great, great returns of monthly cash flow is a big one and also the sale price so there’s a good amount of built-in appreciation so we know the sale price at the end” – Kevin McHardy
“We’ve got a third-party company work outside of our mortgage. Depending on their credit score (tenant-buyer), we’ll set them up and we’ll build that cost into the programs to help them out to really make sure that we can achieve the homeownership at the end.” – Kevin McHardy
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