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Lease Options Related Tags: Real Estate Investing, real estate investing, No Money down, invetsment property, carlton sheets, Real Estate, reo, short sale, renting, wholesaling, for sale buy owner, f, selling a home, appraisals, market appraisals

Rent to Own Homes - Are you someone who wants to own a home someday? Who does not? But what is holding you back? For most of us the answer is finance. If you have a bad credit record, it is unlikely that you will get a house loan to buy your dream house. Appraisals Part 2 - Part II In part one we talked about the importance of getting appraisals. We talked about why this is important and we even looked at a situation involving the appraisal of a piece of property. You have rehabbed the property and are making the last minute decisions on aesthetics. You have gotten a realtor and are ready to put it on the market. Is there anything else you can do? You have been thinking of another situation. Appraisals Part 1 - Part I Time and time again I have told people to get their own appraisals. This is what you need to be thinking. This is how your mindset needs to be. If I go out and ask somebody to get an appraisal what credibility does it have unless I go through somebody that a bank would also vouch for? Now you can go through somebody that a bank will take (and you probably should) but still you need to be the one doing the hiring of the appraisal. Think about it people! That is the basic point, right! This way you don’t have any hanky-panky going on and you don’t have anybody telling them what they have to have and you don't have anything to worry about. Agreement for Deed and Other Questions - Part 2 - Part II In part one we left off deciding whether or not we would drop the agreement for deed. What Stage Are You In With Your Property? - Say you have a situation where you have bought a home subject to. The tenant moved and you did a lease option with the tenant. They moved in and along towards the end of the option time period he was thinking about exercising the option and he had the home inspected. When the report came back from the home inspector, he said that the people that were there before them built on additional third bedroom and a patio without a building permit and he didn't like that news too well. Long story-the tenant is out. Now you are getting ready to get a new tenant. Profiting from Other People's Money with Lease Options - There is an old axiom: "It takes money to make money." True, but it does not always have to be your own money. A creative, low-risk financial technique makes it possible to purchase real estate with little or no money down. The technique is neither new nor untested, it is simply not widely practiced. The technique is "lease options." Simply defined, lease options offers a purchaser the opportunity to purchase a piece of real estate on a rental basis. The renter signs a lease with an option to buy the property. The buyer gains control of the property without owning it. The agreement is a legal contract that consists of an agreed upon date of sale, the cost of the property and terms. The Power Of Appreciation - If you truly want to bring into your life everything that you desire, then start with appreciating all that you have now. Here's how it works - you bring into your life whatever it is that you focus your thoughts upon. So, if you focus on all the lack in your life, you get more lack. But if you focus appreciation on all that you have, you get more of what you want. Of course the question is "But how can I appreciate not having something? This Powerful Quote Was Earth Shattering! - Last night I was straightening out my office, going through some notes I had taken when I met with a friend in New York last week, and I came across a powerful quote. This quote is actually very simple to understand, but literally blew my mind when I really thought about it. "You must always strive to UPGRADE your conversation daily. Do You Want To Sell Your Rehab Fast? - That's an obvious question - we all do! So what is the trick? So much time and money is spent on systems updates, roofs, and structural issues, that many times there's nothing left for what really makes the sale: what your potential buyers see. And more importantly, what they fall in love with. People don't walk into your house, and say, "Wow, they have all new electric. Let's buy." That's just a core expectation. The trick to selling houses fast is to seduce your customers to fall in love when they walk through. It has to feel like a home to them. The two most inexpensive yet surefire ways we have found to create this atmosphere is through color and through decorating. A tastefully decorated house really stands out from the others. New house builders learned this a long time ago. Follow-Up: The Key To Successful Closings - If everyone always did everything they said they'd do, we'd all be a lot richer. Unfortunately, tasks are overlooked, and the ball is often dropped. If you want to have successful closings, you must have strong "follow-up" skills to catch problems early in the process. Follow-up on everyone and everything.

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