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?
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.
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 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:
So, we've seen that as a creative real estate investor, using these techniques, you can easily:
Are you using any creative strategies? Leave a comment below and let us know.
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...
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 is the sexy high-cashflow, no-money-down strategy du jour. How does it work though?
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...
Is investing with lease options just too risky? Find out in our new video here...
I tell my story on stage at Rick Otton's Zero Debt Property Cashflow Conference.
We take a look at rent to buy from a tenant buyer's perspective... what's in it for them?