Breaking Down A Rent To Own Deal

[@mohammadwaleed9971]

Can you please do another video with some more details on the transaction from an investors point of view and one from the renters point of view.

[@CanadianRealEstateChannel]

Great suggestion! Will try to cover that in future videos

[@JuanMartinez-fm8ss]

That would be great. It would be nice to see a renter's perspective after they finalized the deal to buy the home.

[@JuanMartinez-fm8ss]

As well

[@HungarianExperiment]

Great series on RTO from JAAG Properties! Thanks for sharing guys 👊

[@CanadianRealEstateChannel]

Thanks HE!

[@JuanMartinez-fm8ss]

I know right , and Matt is doing great on his end by sharing all this awesome info , keep it up Matt !!

[@mikep4869]

Best explanation of RTO I've heard!

[@CanadianRealEstateChannel]

Glad to hear it! Thanks for the comment

[@KellanJames]

RTO is a great strategy, especially when you specialize and do it efficiently!

[@JuanMartinez-fm8ss]

Yes it is, in my opinion it's is one of the best strategies where you receive cash up front , cash flow , etc. And you don't have to manage the home , or not as much as a normal rental property 😊

[@stevebrown5451]

So on a 300000 property the “renter” pays 20000 downpayment and buys the house for 50000 more than when was purchased... so this is only good when it’s a second purchase because at 5 percent they would have the downpayment

[@Arthur-Silva]

Broski, what are your thoughts on Redfin, Zillow or apps/websites alike? Do you ever use them at all? Are they good as a research tool? Or even Craigslist, is that a waste of time? Thanks for all the knowledge you share with us!

[@JuanMartinez-fm8ss]

There are many sites/app that are trying to make investing easier for investors, although at the moment most of them are not very accurate with the values/ prices

[@Arthur-Silva]

juan martinez thanks!

[@LivinginLondonOntario]

In the following example the investor gets 60k back at the end, is that number inclusive of their original investment or in addition to ?

[@keeneurquhart1033]

What if the client/tenant does not get approved for a mortgage at the end of the term?

[@CanadianRealEstateChannel]

Checkout the channel - we have a video discussing this exact topic that came out in the last two weeks - discussing the worst case scenario with RTO

[@rhubarb789]

Can the tenant/owner sublet or turn their home into a student rental or air b&b without the landlords permission?

[@CanadianRealEstateChannel]

Great question - I’m not 100% sure

[@rhubarb789]

Matt McKeever I’m going to guess it’s all in the legal documents. A true tenant/landlord relationship needs the approval of the landlord to sublet. If allowed it would provide passive income to the tenant.

[@JuanMartinez-fm8ss]

That is a great question, never thought of that. It'll be worth looking into, thanks for pointing out

[@Johnnyccv3]

Hi, why haven't you financed buying an apartment building or 16+ unit building?

[@CanadianRealEstateChannel]

I do own one parcel that has 20units... But I’ve been busy with this KZbin thing, my software startup (Control Your Property - two fulltime developers working on it), hosting real estate conferences and traveling around Canada to meet other investors. I am on the hunt for good deals though and am currently putting together a proposal for a money partner on a 17unit parcel. (Finished first draft last night)

[@MrJazman69]

6:46

[@kswank9965]

Does JAAG do business in Idaho?

[@CanadianRealEstateChannel]

They currently only do business in Canada

[@JuanMartinez-fm8ss]

No , currently they are based in Ontario, Canada

[@meekrodriguez6438]

Awesome videos