Rent to Own in Real Life with Kevin McHardy

<p>What you’ll learn in just 17 minutes from today’s episode:</p> <ul><li>Find out the investment strategy that has given Kevin steady cash flow and an appreciation advantage with the property </li> <li>Learn about the benefits of focusing on rent-to-own properties </li> <li>Find out the pitfalls you should avoid in dealing with a rent-to-own investment strategy</li> </ul> <p>Resources/Links:</p> <ul><li><a href='https://www.waypointproperties.ca/'>waypointproperties.ca</a> </li> </ul> <p>Summary: </p> <p>For the past 10 years, Kevin McHardy has built a steady love for real estate through 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 about 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. </p> <p>Topics Covered: </p> <p>00:57 – How he transitioned from an airline pilot to real estate investing </p> <p>01:42 – What is a rent-to-own investment strategy and how does he structure deals of this type </p> <p>04:33 – Giving an idea of what a wholesale version of rent-to-own is </p> <p>07:15 – Benefits for tenant-buyers for doing ren-to-own </p> <p>09:48 – Advantages to rental operators of rent-to-own properties </p> <p>10:47 – Price points consideration of properties in the area he is focused on and its typical terms </p> <p>11:52 – What rental cash flow difference you get doing the rent-to-own versus having the house as a rental property </p> <p>13:24 – What are the dangers of the rent-to-own strategy </p> <p>16:56 – The advantage of getting outside credit coaches </p> <p>Key takeaways: </p> <p>“The benefits