Courtesy of www.Nolo.com State Laws on Security Deposit Limits More than half of the states put a limit on how much landlords can charge for a security deposit. By Ann O’Connell, Attorney ● UC Berkeley School of Law Updated 4/11/2024 Most states set a limit on the amount of security deposit landlords can charge. If your state has a […]
Here is a personal story. I was in a bar, and I just lost my job. I am 56 now, but at the time I was 25, fresh out of the US Marines. The year was 1983. Interest rates were high, over 10%. At the bar was this smiling guy, and he said, “Who just […]
Making Money Consulting on lease purchases with both Home Sellers and Home Buyers! I love the Consulting approach with lease purchasing as a business model. Sure wholesaling is okay but when you’re dealing with really pretty houses and great school districts it’s a lot more fun. It’s also a lot more fun to be a […]
Hello everybody and welcome to this particular post about lease options with commercial property. With the advent of problems in the commercial real estate field, people having a hard time buying and selling and getting financing, I find that this article was very helpful in positioning yourself as a lease purchase consultant. If you are […]
Direct mail should be an integral part of your marketing strategy. We’ve found that spending a good amount of money on direct mail can yield a huge ROI. If executed well, direct mailings are often the most effective piece of your marketing campaigns. However, direct mail campaigns can be expensive and a total waste of money if […]
5 Chief Mistakes Investors Make When Choosing A Coach in REI Every successful person we know has a coach. Robert Allen had Steve Covey. Bill Gates has Warren Buffet. Michael Jordan had Dean Smith and Phil Jackson. A great coach can take an average person and make him a superstar. A mentor can give you […]
Lease Option Pitfall Number 5 Now this is a very important Pitfall to avoid. You need to make money in this business or don’t do it. You can’t afford mistakes. This is a big one. In our paperwork, we have a weasel Clause that says if we don’t get a tenant buyer that’s suitable, the […]
Lease Option Pitfall Number 2 Not getting a proper title search against the property is Pitfall number two. This has happened to me with one of my students. We did a title search and it said the title was in the name of one person, the occupant. This man wanted to do a lease purchase […]
Lease Option Pitfall Number 1 For people that are new to least with option, you can either do a two ways, the first way is to be in the middle or a sandwich lease option, where you are lease optioning from the seller, and then subleasing and sub option to a tenant. Now the first […]
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