Anne Amagrande is helping families create generational wealth through lease options. She helps investors with turnkey investing solutions and renters become home owners. 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.
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 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 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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