Simon discusses the popular strategy of rent to rent and compares it to the lesser-known but powerful strategy of purchase lease options. The episode aims to help listeners understand which strategy might be most suitable for their property investing

KEY TAKEAWAYS

• Rent to rent is a popular strategy for both new and experienced property investors, as it allows for quick cash flow without the need for a mortgage.
• Rent to rent involves finding a tired or retiring landlord who no longer wants to manage their property and offering them a fixed rental income in exchange for taking on the responsibility of managing the property.
• Rent to rent can be done with properties in various conditions, not just those in poor condition that require renovation.
• Purchase lease options are similar to rent to rent, but with the added benefit of having the right, but not the obligation, to purchase the property in the future at a fixed price.
• Purchase lease options allow for potential capital growth on a property that is controlled but not owned, providing an opportunity for long-term financial gain.

BEST MOMENTS

"Rent to rent is a fantastic strategy when done correctly."

"The biggest difference with purchase lease options is that you have the right but not the obligation to purchase that property at some point in the future."

"This right to buy the property for a fixed price in the future is absolutely the biggest benefit of purchase lease options over rent to rent."

"With a purchase lease option, any money you spend on the property will probably increase its value."

"Strategies such as purchase lease options are going to become far more prevalent in the current property market."

VALUABLE RESOURCES

To find out about Simon's new book about Purchase Lease Options visit www.simonBook.co.uk

To attend your first pin meeting as Simon's guest visit http://www.pinmeeting.co.uk/, find your local meeting, and at the bottom of the page where you normally pay £20, click on where is says "pay with a voucher code" and use this code: PODCAST. This will by pass the payment page and you can attend your first pin meeting for free.

Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi

Find out about the Global PIN Meetings at www.globalpinmeeting.com

To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20).

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ABOUT THE HOST

Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32.

Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003 www.pinmeeting.co.uk.    pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors.

Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth.

Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book.

Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals.

CONTACT METHOD

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