Real Estate Investing Facts

Real Estate Investing

lease option

Shortsale Investing Deals

Shortsale Investing – Does it Really Work? I have recently put a few shortsale offers in due to the shortage of REO (real estate owned)/bank owned properties on the market. What I have found interesting is there is not nearly the competition from other investors. For instance, with all bank owned deals that are any [...]

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Lease Option Education: Investing Questions

Lease Option Questions: (I am assuming this is for a Sandwich lease option vs. a Cooperative or Wholesale lease option.) 1) What are some good ways to qualify the potential of a property so we aren’t spending a lot of time driving and looking at properties? For example, when making first contact do you ask [...]

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Insurance for Lease Options

Question: “Insurance for Lease Options.” What does this clause mean? From page 109 in my Lease Options book: “Seller agrees to change their homeowner’s insurance policy to a non-owner occupied policy and to name the purchaser as an additional insured within three days of purchaser taking possession of the home.” Are you talking about the [...]

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Lease Option: Deal or No Deal?

Is this a good lease option or wholesale lease option? This is from one of my lease option coaching students: Question: I spoke with a prospect this morning. I have had several conversations with her and she and her husband both really like the idea of lease optioning with me. It is my goal to [...]

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Lease Options for Handy Man Deals and Much More

Question: Can you use lease options to get properties that need repairs? Or should you not use lease options for that? Answer: Yes you can but I would be very careful if you are going to do the repairs. You really don’t want to put money into properties you don’t own (or very rarely). I [...]

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