Anne Amagrande is helping families create generational wealth through lease options. She helps investors with turnkey investing solutions and renters become homeowners. Her secret is to utilize long-term leases instead of the typical 1-3 year options that are common for lease options. Today, she elaborates on why they use longer terms, how she creates a win-win-win scenario and an overview of the Phoenix market.
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Key Market Insights
- Background in flipping and economics
- Works with investors to place capital for direct investing
- Lease option model that creates a bridge between leasing and ownership
- Misinformation around Dodd-Frank and compliance for lease options
- Offer 5-7-10-15-year options for lease options; most offer 1-3 year options
- Helps investors get steady returns and appreciation while helping renters move into ownership
- Most renters need a longer option to fix credit and save for the down payment
- Turnkey approach for investors – buy right
- Rentovation of the core 4 items: roof, HVAC, electrical, plumbing
- Allows the resident to handle cosmetics
- Investors want to know if it’s a good time to buy
- There are pockets in the country where property values have not increased
- Each property needs to perform by itself
- Phoenix is expanding at a macro level, some pockets are over-inflated
- We’re going to go into a recession, it’s never an if, only a when
- Actively buying in Tucson and seeing great value
- Seeing a huge exodus of Chicago residents, moving into Arizona
- Launching a video series on 7 ways to monetize a lease option
Partner: Be sure to check out the #InvestThis Podcast with Scott Bower
Bull’s Eye Tips:
Winning Your Market: Make sure your docs are in order
Tracking Market Changes: Due diligence team
Daily Habit: Productivity planner
Resources:
Best Business Books:
Start with Why by Simon Sinek
Digital Resources:
Tweet This:
“I wanted to create a win-win-win scenario”
“Holding assets longer creates generational wealth”
“We don’t do a renovation, we do a rentovation”
Places to Grab a Bite:
Connect with Anne:
Email: anne@amagrande.com
Website: amagrande.com
Phone: 480-542-7772
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