calling for rent craigslist ad

[Mario T.]

I was seeing if anyone has tried calling For Rent on Craigslist and ask if they are willing to sell.  If anyone has done this strategy, i could use some tips on how the conversation will go?

Most of the ads i've seen the property is in good shape so there's no wholesale or fix and flip opportunities.  So should i be looking to do seller financing or subject to?  Any help on enlightening me on this topic would be greatly appreciated.  Thanks!

[Brian Gibbons]

My focus with landlords and for rent signs is to talk to them about possibly leasing from them and then buying the property down the road

One of my questions for landlords it is

If I could get you the rent that you want and keep the property in good shape for period of 12 to 24 monthly rent payments would you be willing to sell the property to me at a fair price?

Think about what landlords want: they want people to pay on time and be respectful of their property

Once you raise the idea of leasing the property and then selling it, then you need to sell the idea of rent to own and how you can place the right tenant buyer in their property

How I do this is I show them my tenant by air intake forms, I do cross of their names and Social Security numbers but the physical proof that I have buyers already helps build credibility that I know what I'm talking about

I make generally 3% of the value of the property in an assignment fee doing lease-option assignments

I might do sandwich lease option if the deal is terrific