The Secret to Getting More Cash Flow, Time, & Freedom w/ Rentals

Episode #427

Do you have a cash flow problem? Maybe property management fees are setting you back, or you’re spending too much on repairs and maintenance. Today, we’re bringing you a powerful solution that will not only solve your cash flow problems but also help you scale your portfolio faster than you ever thought possible!

Welcome back to the “Real Estate Rookie” podcast! Jenn and Joe Delle Fave were content with buying one rental per year, an impressive feat for any rookie investor. But then they discovered an investing strategy that gave them even more buying power and the ability to take down several deals each year. Since pivoting to this business model, they spend less time managing their properties, enjoy three different types of cash flow, and help renters become homeowners in the process!

In this episode, Jenn and Joe will tell you everything you need to know about the rent-to-own strategy and how to get started without buying any new rentals. Along the way, you’ll learn about building your buy-box, finding and screening high-quality tenant-buyers, and creating option and lease agreements. They will even walk you through one of their deals and share some potential rent-to-own pitfalls to avoid!

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Join the Real Estate Rookie Facebook Group:
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See Tony at BPCON2024 in Cancun!
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BiggerPockets Real Estate - Episode 794: Buying Houses with $100 Down and Creative Finance Secrets Most Don’t Know w/Jenn and Joe Delle Fave:
https://www.biggerpockets.com/blog/re...
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BiggerPockets Real Estate - Episode 185: How “Rent-to-Own” Can Increase Cash Flow and Maximize Equity with Bill Powers:
https://www.biggerpockets.com/blog/20...
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Connect with Jenn & Joe:
Jenn: https://www.biggerpockets.com/users/j...
Joe: https://www.biggerpockets.com/users/j...
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Connect with Tony on BiggerPockets:
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Show notes at: https://link.chtbl.com/Rookie


00:00 Intro

01:05 What Is Rent-to-Own?

08:34 THREE Types of Cash Flow?!

16:58 Lease & Option Agreements

26:00 The Renter's Path to Homeownership

33:34 Getting Started & Common Pitfalls

38:58 Where to Find Tenant-Buyers

44:32 Connect with Jenn & Joe!