Ep. 108: Generational Wealth Through Lease Options with Anne Amagrande
Multifamily Insights
English - July 23, 2019 23:20 - 35 minutes - 32.4 MB - ★★★★★ - 207 ratingsInvesting Business Marketing apartments cashflow apartmentinvesting buyingapartmentbuildings buyingrealestate learningtobuyrealestate marketing multifamily realestateinvesting Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Anne Amagrande is helping families create generational wealth through lease options. She helps investors with turnkey investing solutions and renters become homeowners. Her secret is to utilize long-term leases instead of the typical 1-3 year options that are common for lease options. Today, she elaborates on why they use longer terms, how she creates a win-win-win scenario and an overview of the Phoenix market.
Partner: Download a Free Sample Apartment Deal Package
Key Market Insights
Background in flipping and economics Works with investors to place capital for direct investing Lease option model that creates a bridge between leasing and ownership Misinformation around Dodd-Frank and compliance for lease options Offer 5-7-10-15-year options for lease options; most offer 1-3 year options Helps investors get steady returns and appreciation while helping renters move into ownership Most renters need a longer option to fix credit and save for the down payment Turnkey approach for investors – buy right Rentovation of the core 4 items: roof, HVAC, electrical, plumbing Allows the resident to handle cosmetics Investors want to know if it’s a good time to buy There are pockets in the country where property values have not increased Each property needs to perform by itself Phoenix is expanding at a macro level, some pockets are over-inflated We’re going to go into a recession, it’s never an if, only a when Actively buying in Tucson and seeing great value Seeing a huge exodus of Chicago residents, moving into Arizona Launching a video series on 7 ways to monetize a lease option
Partner: Be sure to check out the #InvestThis Podcast with Scott Bower
Bull’s Eye Tips:
Winning Your Market: Make sure your docs are in order
Tracking Market Changes: Due diligence team
Daily Habit: Productivity planner
Resources:
Best Business Books:
Start with Why by Simon Sinek
Digital Resources:
Tweet This:
“I wanted to create a win-win-win scenario”
“Holding assets longer creates generational wealth”
“We don’t do a renovation, we do a rentovation”
Places to Grab a Bite:
Connect with Anne:
Email: [email protected]
Website: amagrande.com
Phone: 480-542-7772
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