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Securing Deals with Bad Credit|Laurence Lameche's Insider RENT2RENT Negotiation Tactics
In the second episode of Property Call Secrets, host Laurence Lameche dissects real phone calls with landlords and agents, revealing his strategies for securing RENT2RENT and purchase lease option deals. Laurence demonstrates how to negotiate no money down property acquisitions, even with bad credit. Listen in to gain insight into building rapport, overcoming objections, and structuring win-win agreements. This episode is for anyone looking to enter the property market with minimal risk and maximum potential!
KEY TAKEAWAYS
- Laurence demonstrates how to approach landlords about RENT2RENT deals, emphasising long-term arrangements and guaranteed rent payments.
- Purchase lease options allow investors to agree on a future purchase price while renting the property in the meantime.
- Building rapport with letting agents can lead to valuable property deals and collaborations.
- Subletting properties as short-term rentals or corporate lets can generate higher profits than traditional long-term tenancies.
- Creative financing solutions, such as taking over mortgage payments, can help acquire properties from motivated sellers.
- Be persistent, as some deals may take months of follow-up to materialise.
- Offering to handle maintenance and repairs can make your proposition more attractive to landlords.
- Adapting your communication style to each agent or landlord's preferences is crucial for maintaining productive relationships.
BEST MOMENTS
"I agree of sale price today with the landlord. So it could be the full market price, or it could be more than what the market value of the property is at the moment. But they just allow me to rent it out for 2 or 3 years, it could be 5 years or 10 years."
"On average, I was kind of getting about 3000 pounds a month from just that one property. And so I kind of thought, wow, this is incredible."
"I'll just do it, take care of all those debts every month. So for the next 15 years, we agreed, I'll give you the 6, 000 pounds as soon as we sign the contract"
"We agreed if I could buy it in the next five years, I'll give you 450, 000 pounds. And if I can't, and it takes me six to 10 years to buy it, can I give you 500, 000? He said, yes."
"This is just a golden opportunity for us. I believe so."
ABOUT THE HOST
Laurence Lameche is an Amazon No.1 Best Selling Author of a property book called "How I Bought 3 London Properties For A Football Ticket"
He is a property mentor who specialises in helping people get on the property ladder without needing a mortgage or a deposit, you can have bad credit, no experience, no job and still succeed with his simple, proven step by step process that works every time for everyone.
CONTACT METHOD
Contact and follow Laurence here:
LindkedIn: https://www.linkedin.com/in/laurencelameche/
Facebook: https://www.facebook.com/LaurenceLameche/
YouTube: https://www.youtube.com/@laurencelameche
Twitter: https://twitter.com/LaurenceLameche
Instagram: https://www.instagram.com/laurencelameche
View all episodes
By Laurence LamecheIn the second episode of Property Call Secrets, host Laurence Lameche dissects real phone calls with landlords and agents, revealing his strategies for securing RENT2RENT and purchase lease option deals. Laurence demonstrates how to negotiate no money down property acquisitions, even with bad credit. Listen in to gain insight into building rapport, overcoming objections, and structuring win-win agreements. This episode is for anyone looking to enter the property market with minimal risk and maximum potential!
KEY TAKEAWAYS
- Laurence demonstrates how to approach landlords about RENT2RENT deals, emphasising long-term arrangements and guaranteed rent payments.
- Purchase lease options allow investors to agree on a future purchase price while renting the property in the meantime.
- Building rapport with letting agents can lead to valuable property deals and collaborations.
- Subletting properties as short-term rentals or corporate lets can generate higher profits than traditional long-term tenancies.
- Creative financing solutions, such as taking over mortgage payments, can help acquire properties from motivated sellers.
- Be persistent, as some deals may take months of follow-up to materialise.
- Offering to handle maintenance and repairs can make your proposition more attractive to landlords.
- Adapting your communication style to each agent or landlord's preferences is crucial for maintaining productive relationships.
BEST MOMENTS
"I agree of sale price today with the landlord. So it could be the full market price, or it could be more than what the market value of the property is at the moment. But they just allow me to rent it out for 2 or 3 years, it could be 5 years or 10 years."
"On average, I was kind of getting about 3000 pounds a month from just that one property. And so I kind of thought, wow, this is incredible."
"I'll just do it, take care of all those debts every month. So for the next 15 years, we agreed, I'll give you the 6, 000 pounds as soon as we sign the contract"
"We agreed if I could buy it in the next five years, I'll give you 450, 000 pounds. And if I can't, and it takes me six to 10 years to buy it, can I give you 500, 000? He said, yes."
"This is just a golden opportunity for us. I believe so."
ABOUT THE HOST
Laurence Lameche is an Amazon No.1 Best Selling Author of a property book called "How I Bought 3 London Properties For A Football Ticket"
He is a property mentor who specialises in helping people get on the property ladder without needing a mortgage or a deposit, you can have bad credit, no experience, no job and still succeed with his simple, proven step by step process that works every time for everyone.
CONTACT METHOD
Contact and follow Laurence here:
LindkedIn: https://www.linkedin.com/in/laurencelameche/
Facebook: https://www.facebook.com/LaurenceLameche/
YouTube: https://www.youtube.com/@laurencelameche
Twitter: https://twitter.com/LaurenceLameche
Instagram: https://www.instagram.com/laurencelameche