It is interesting to note for Canadian real estate investors that rent to own is also gaining much attention in other countries. A recent New York Times article Divvy Wants to Make Rent-to-Own Deals Easy. Many Customers Find Them Hard highlighted some challenges faced when a company expands too fast or perhaps misunderstands how the model works. …
By Zach Cahill As professional Rent to Own providers, we strive to set up successful Rent to Own programs across Canada and ultimately help more Canadians achieve their goal of Homeownership. One of the questions we get all the time from our Investors and Future Homeowners is ‘What if (insert your fear) happens?* The fact is, there …
A very important part of having a successful Rent to Own investment is having the tenant-buyer learn about budgeting and financial literacy during the Rent to Own term and hopefully how to avoid getting into the trap again. Below are several resources easily available on Financial Planning, Debt Solutions and Resources for your Rent to …
CAROP Member Dino Orchard shares why he Loves Rent To Own and how he got started in real estate investing. He also shares a story and how he helped a family with Rent to Own. He was able to make a significant change in a family’s life with homeownership.
Rent to Own is often called a creative real estate financing strategy. And so it is. And we all have our own templates for putting clients through the process. But sometimes we need to be even more creative than our already creative modals. We probably all have stories of stepping outside the box of our …
Inviting applications for promotion When the Canadian Association of Rent to Own Professionals was formed in the fall of 2012, the founding members thought it a good thing to set up several membership levels, reflecting the members’ history and success, as well as the length of their commitment to professional operation, as reflected in their …
October 29th was a rich day for members and guests of CAROP, as we enjoyed another annual “summit.” Because of the lingering pandemic, it was again entirely virtual, a 7.5-hour Zoom conference. Four invited speakers dominated the agenda, two from within our group and two guests, with input that encouraged and challenged us. The day …
The recent throne speech raised again the subject from the federal election about rent to own and housing. The throne speech outlined the government’s promise to build more housing units per year, to increase affordable housing, and to end chronic homelessness, all through using programs like its proposed $4 billion Housing Accelerator Fund and its “more flexible” …
The Canadian Association of Rent to Own Professionals has announced the date for the 2021 Summit and Annual General Meeting as Friday, October 29th from 11 am to 6 pm EST. In light of continued health and travel restrictions, it was decided to again hold the summit virtually. This proved to be a great success …
Announcing the CAROP 2021 Virtual Rent to Own Summit & AGM Read More »
