Pretty Houses Offer More Profit, Less Hassles And Less Competition. Therefore, your best bet when doing lease options is to deal with pretty houses in pretty neighborhoods that are owned by private individuals. The better the neighborhood is, the more likely your tenant/buyer is to … [Read more...]
You are here: Home / Archives for Lease Options
Lease Optioning Pretty Houses
Filed Under: #1 Getting Started, Finding Deals, Lease Options, Rentals, Retailing, Seller Financing
Lease Option Basics
A Lease Options is a “Rent To Own” arrangement, which is simply a lease where the tenant has the option to purchase the subject property. This tenant is commonly referred to as a “tenant/buyer” or as some investors like to call them, “Homeowners In Training”. The Lease Option agreement itself can be one agreement, or it can be … [Read more...]
Filed Under: #1 Getting Started, Lease Options, Rentals, Retailing, Seller Financing
You Don’t Need A License
You don't need a real estate license to do real estate investing so long as you are a principle in the deal. You will either be a buyer or seller, lessor or lessee, optionor or optionee. You only need a real estate license when you are selling a property for a commission and you do not have an equitable interest in the property. … [Read more...]
Filed Under: #1 Getting Started, Lease Options, Rentals, Retailing, Wholesaling
Choosing The Right Exit Strategy
The "exit strategy" is the real estate investing technique you'll use to complete a deal and "exit" out with a check. This could be flipping a property for quick cash, retailing a property for full price, passing along seller financing to the new buyer or even keeping a property as a rental. Your exit strategy is based on three main factors. These factors are: your personal goals, the seller’s needs, and the property itself. … [Read more...]
Filed Under: #1 Getting Started, Lease Options, Rentals, Retailing, Wholesaling
