Creative Real Estate Investing

Creative real estate investing saved my life.

Well, the life of my portfolio anyway... When banks stopped lending to me when the credit crunch hit in 2008, I thought it was game over for growing my portfolio using no money down property investment.

Then I heard about this guy who talked about "buying houses for a pound", and I *had* to know what it was all about.

Who was this guy?

Rick Otton.

When I looked at what Rick was teaching, I was excited to find that he had a bunch of strategies that I could still use to do property deals! And also ways how to sell investment property in a difficult market.

No mortgage... no deposit... high cash flow

Many of the creative property investment strategies I learned did not even require a mortgage or lending of any kind... they didn't involve surveyors... and best of all, they didn't require deposits!

The icing on the cake was that the main strategies -- lease options / rent to buy and instalment contracts -- created significantly higher monthly cash flow than the traditional buy to let model...

And you didn't even have to own the property!

I turned one of my lemons into lemonade

Creative Real Estate Investing

I had a buy to let property that was forever losing money. It was hard to let and whenever I found tenants, they would pay the rent for a few months before going into arrears and finally disappearing.

Does that story sound familiar?

I decided to test the creative real estate investing strategies that I had learned and sell the property on a lease option. I quickly found a tenant buyer who:

  • paid me £1,000 to move in
  • is paying 20% above market rent
  • agreed a purchase price higher than similar properties in good condition are going for (mine needed modernisation!)
  • and I'll receive £10,000 "back end" profit when the buyer completes in 2 or 3 years time.

What's more...

  • there will be no voids as they will be in there until they buy
  • I've not had one call about maintenance since they moved in a year ago
  • and they have installed a new kitchen and redecorated throughout!

Creative Real Estate Investing - Summary

So, we've seen that as a creative real estate investor, using these techniques, you can easily:

  • Turn a negative cash-flowing portfolio into a very profitable one
  • Sell property in negative equity
  • Buy property without any of your own money (no money down property investment)
  • Buy property without a mortgage
  • And you will have knowledge of how to sell investment property in any market.

Are you using any creative strategies? Leave a comment below and let us know.

Creative Real Estate Investment - Index

Lease Option Investing Lets You Earn Money in 3 Ways

We look at how you can use lease options to breathe new life into your own portfolio and to help solve the property problems of others...

Sandwich Lease Option: The Killer Property Investment Tool

The sandwich lease option is one of the most powerful property investment strategies out there. No mortgage, no deposit... what's not to love?

100% Financing of Investment Property

We look at the history of 100% financing of investment property and discuss the ways that it can be done right now...

Rent to Rent... Blast Your Cashflow!

Rent to rent is the sexy high-cashflow, no-money-down strategy du jour.  How does it work though?

Real Estate Investing Podcast

It's funny, it's irreverent but best of all this real estate investing podcast teaches you how to buy a house for $1 ! Oh and it's FREE too. Check it out here...

RISKS of Investing With Lease Options

Is investing with lease options just too risky? Find out in our new video here...

How I bought a house for £1 [VIDEO]

I tell my story on stage at Rick Otton's Zero Debt Property Cashflow Conference.

Rent to Buy... Own a Home Without a Mortgage 

We take a look at rent to buy from a tenant buyer's perspective... what's in it for them?

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