Part 2: My Favourite Property Strategy

Simon presents an unconventional yet powerful application of purchase lease options: becoming a "tenant-buyer." If you or someone you know is currently stuck renting due to strict lending criteria, self-employment, credit blips, or recent life changes, lease options allow you to move into a desirable home today, lock in the purchase price, and build equity before ever taking out a mortgage. 

Learn how to craft win-win solutions that give motivated landlords full market value while securing your own foothold on the property ladder before the window of opportunity closes.

KEY TAKEAWAYS

A purchase lease option acts as a versatile tool rather than a standalone strategy, allowing investors and buyers to control property and lock in purchase prices without needing a mortgage or a large deposit up front.

The "tenant-buyer" approach offers renters who face mortgage hurdles—such as the self-employed, trainees, or expats—a practical path to secure a home now and benefit from capital growth.

Lease options create win-win scenarios by giving flexible, unhurried sellers full market value while offering buyers a low-risk "try before you buy" arrangement.

The strategy is not a universal fix for every deal, relying instead on finding specific circumstances where landlords do not need an immediate cash lump sum from a sale.

BEST MOMENTS

"Lease options are actually a tool rather than a strategy, a tool which can be used in conjunction with every other property strategy."

"I love the fact with a—as a tenant-buyer, you kind of get to try before you buy."

"Because with an option, you don't need to buy; you have the right to buy, but not the obligation to buy."

"I honestly believe the next five years is going to be a window of opportunity for anyone who doesn't own their own home to get their foot on the ladder."