How to Buy Short-Term Vacation Rentals with Creative Financing

How to Buy Short-Term Vacation Rentals with Creative Financing | Lease Options and Seller Financing

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Күн бұрын

In this training video, you’ll learn how to buy Short Term Vacation Rentals with Creative Financing that include Lease Options and Seller Financing.
Have you ever wanted to buy a vacation rental but didn’t have a lot of cash to get started? You will learn 2 creative financing strategies that you can use to purchase your next vacation rental without going to the bank, applying for a loan and with little cash.
00:00 - Introduction to Vacation Rentals
00:37 - What is a Vacation Rental
02:41 - Why Invest in Vacation Rentals
06:27 - Where to Invest in Vacation Rentals
08:23 - How to Market for Leads
13:15 - Direct Mail Marketing Postcard Design
16:10 - Furnishing the Property
19:09 - How to Invest in Vacation Rentals
21:44 - How to Lease Option Vacation Rentals
52:51 - How to Seller Finance Vacation Rentals
01:07:00 - No Money Down Techniques
01:12:38 - Why Wouldn’t the Seller Just Rent it?
01:13:31 - Overcoming Seller Objections
01:17:51 - Student Success Story
01:21:58 - How to Get Started
Vacation Rental Data Tool:
www.airdna.co/
Design Postcards:
www.canva.com/
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Chris Goff started Real Estate Investing in 1999. Chris didn't have any money to work with, so he was interested in learning 'no money down' real estate strategies. Since then, Chris has spent the last 2 decades building wealth in real estate along with building the #1 Real Estate Investing Software Program for Real Estate Investors… REIPro.
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Пікірлер: 11

@AirbnbRentalEmpire 3 жыл бұрын

Informative stuff, keep it up!

@ChrisGoff 3 жыл бұрын

Appreciate that!

@kerrykingcreates 2 жыл бұрын

PTC! The Bubble. My hometown.

@jason8283 2 жыл бұрын

This was an outstanding video. I found it to not just be informative but motivating. Thanks

@ChrisGoff 2 жыл бұрын

I appreciate that, glad you liked it.

@blayespestcontrol6900 2 жыл бұрын

Great details. Thank you for taking the time to do this.

@ChrisGoff 2 жыл бұрын

Appreciate the comment and glad it was helpful!

@nunovurbiznis Жыл бұрын

How do you get around subleasing on a lease option? I don’t see how a leasor will agree to subleasing.

@ChrisGoff Жыл бұрын

As long as the contract doesn't say you can't, it's not a problem. You may not feel comfortable sub-leasing as the owner, but If my initial goal is to sublease, that's how I approach the owner. If they disagree, then offer a seller finance. If they aren't motivated by that, move on to another deal.

@oscarrobertson2257 2 жыл бұрын

I hear conflicting info as far as the non refundable option fee. Some say it does go towards the purchase of the home ,others say it doesn't count towards the purchase price and it's just a non refundable fee

@ChrisGoff 2 жыл бұрын

Hi Oscar, with a Lease Option, you should always take a non-refundable Option payment (Down Payment) which is credited to the purchase price if the buyer buys. If the buyer doesn't buy, they don't get it back. Every Lease Option buyer should have invested interest in the property if they plan on buying it. Otherwise, there's NO point to taking a higher deposit and holding it for them. Hope this helps and thanks for your comment.