Posted by David Alexander on August 04, 2007 at 21:18:34:
To market and get sellers calling you not the other way around…
Once you talk to a motivated seller… you never have to ask the question “why” again…
They’ll just give you properties… it’s then up to you to make something happen…
How to write up this to a contract… - Posted by Aj
Posted by Aj on August 02, 2007 at 14:05:13:
Hey Everyone
I had a home that I was lease optioning, and a family who passed on the deal realized that they wanted it. So me being the nice guy told them I would find them another lease option deal. (YYYEESSSSS). Now I found other properties from owners offering lease options and some of them agreed to pay a “Finders Fee” of $1,000.00. How do I write this up to make sure that I can get paid??? HELP NEWBIE OUT…
If You Want… - Posted by David Alexander
Posted by David Alexander on August 03, 2007 at 12:03:35:
to make the real money… stop looking for owners that are already doing lease options… and start looking for owners that are only renting properties… “and are motivated” tired of the rent game.
Structure a Lease/Option deal with those folks for what’s owed and the amount of the current payment…
And the right to sublease…
Not you pick up the difference and the upfront cash…
You’ll go from pennies to dollars…
Re: How to write up this to a contract… - Posted by StevenS(CPA)
Posted by StevenS(CPA) on August 03, 2007 at 09:38:07:
One you need to make sure what you are doing is legal in your state if it is just have them give you a cashiers check.
Two you do the lease option and sublease to them.
Hope this helps and good luck
Re: If You Want… - Posted by Aj
Posted by Aj on August 03, 2007 at 12:25:23:
How do I get them to do it where what is owed, and the amount of the current payment??