Unlock Your Dream Home: The Ultimate Rent-to-Own Strategy for First-Time Home Buyers

Today I have Rachel on the podcast! She has been in the industry for a number of years and founded Clover Properties. She talks about her own experiences as well as how she has helped a number of first time home buyers through the rent to own strategy! This is great episode if your looking to get into the market or even become an investor!  ________________________________________________

About the podcast:

Alexandra Tejeda (@teamtoronto) is a Realtor in Toronto and loves guiding investors and first time home buyers though the process of building wealth, she looks at all go her clients as investors! She is currently looking to get her first investment property as well and is passionate about real estate investing. However, she recognized a gap in the market. She is always listening to podcasts and realized that most of the people being interviewed were men - which is fine but she just wanted to promote a different perspective. Alexandra prides herself on learning daily and has really enjoyed interviewing these seasoned female investors in and around the GTA! This podcast is for both new or seasoned investors and the goal is to create a positive, powerful and female empowered investing group!

About the Guest:

Rachel Oliver is a multi award-winning real estate investor and entrepreneur known as the ‘Cashflow Queen’. She is considered Canada’s leading expert on the Rent-to-Own investing strategy and has been featured in Financial Post, Canadian Real Estate Wealth Magazine, CBC, CTV and co-hosted the Mothers of Real Estate TV show. For 15 years Rachel has been trailblazing the Rent-to-Own path to homeownership for millennials and first-time buyers. At the same time creating above average cashflow opportunities for investors who don’t want the hassles of “tenants and toilets”. Passionate about sharing knowledge, Rachel co-authored an Amazon best-selling book Rent-to-Own Essential Guide for Homebuyers. Rachel is also the co-founder of Clover Properties, a leading Rent-to-Own company serving Ontario and Alberta. 

In this episode we discuss:

00:37 How Rachel got into the rent to own strategy

1:30 Rachel’s home owner experience

2:56 Going form corporate to real estate investing

4:33 Is rent to own passive

5:08 Benefits of rent to own

6:30 How to achieve mortgage readiness 

8:00 Who is the typical client

10:08 How does the process work

12:27 Matching rent to own buyers with families/investors

13:12 The minimum eligibility requirements 

14:18 How long is a typical closing

15:15 Whats in it for the investor 

17:15 How the investor makes money

19:17 Determining the appreciated value

20:07 Dealing with appraisal issues

21:25 How can you become an investor with Clover Properties

22:00 What happens if the tenant cannot close

23:26 Getting involved as a realtor or mortgage agent

25:25 What would you recommend to new buyers getting in todays market

27:25 Clover Properties socials

Socials (follow ya girl)

Insta @teamtoronto

TikTok @teamtoronto_

FB @teamtoronto

LinkedIn @Alexandratejeda

Email alexandramtejeda@gmail.com

Follow Rachel & Clover Properties:

FB @Clover Properties Rent-to-own
Linked In @Clover Properties: Rent-to-own
Insta @clover_properties_rto
Insta @racheloliver869

CHECK OUT MY FREE RESOURCES:

https://linktr.ee/TeamToronto

BOOK A CALL HERE:

https://calendly.com/teamtoronto_/30min

New episodes out every Wednesday at 6pm EST!

#realtor #realestateagent #realestateinvesting