Who is doing rent to own deals in their market?

[Chris Muller]

With some markets slowing down or continuing to be in a low spot, I see some investors are moving into rent to own deals.

Looking to find out more info if anyone is willing to share...

How do you prospect for partners?

How are you prospecting for tenant-buyers? And screening processes

How are you structuring the rent to own agreements?

Lastly would be - what are returns like?

From the macro level of looking at these they seems to generate good returns, you have good quality tenants and have a set exit point and know the return up front.

Of course the risk is the tenant bailing on the agreement and having to hold the real estate...do you find the house first and offer or work with the buyer to find a home they want?

How are you structuring you JV with partners - providing a set return? 8-12% or if involved then 50/50....I guess this depends on each situation to some degree?

I’d like to incorporate some of these with the current market conditions and use the high return payouts to work on paying down current properties (or expanding portfolio).

Any input would be appreciated!