Legal Case Summaries Unlicensed Activity Results in Real Estate Licenses Being Revoked Unlicensed brokerage employee offered lease-to-own agreements and brokerage failed to maintain specialized mobile home license. July 15, 2024 Being a Broker, Risk Management, Lease-Option Purchases, Property Management, Rental Properties, Legal Takeaways Review state and local license requirements, especially if engaged in specialized practice. Consider implementing policies that ensure […]
Lease-Option Purchases References Quick Takeaways “A lease option is a contract in which a landlord and tenant agree that, at the end of a specified period, the renter can buy the property at a specified price. The tenant pays an up-front option fee and an additional amount each month that goes toward the eventual down payment.” […]
How I set my fees with least purchase consulting I’m going to presume that you want to be a lease purchase consultant and that’s all you want to do, If you’re in a state California or New York that has pretty strict regulations you might want to get licensed to sell or lease real estate. […]
Finding lease options sellers See https://reiskills.com/tag/marketing-sellers/ The perfect lease option seller is a three or four or five bedroom house in a good location and they have great urgency to sell. They may have tried to sell with an agent so that’s an expired listing, or for sale by owner, or a landlord that’s out […]
Negotiating the Deal for a Sandwich A sandwich is a sandwich lease option or a sandwich land contract. You’re acting as a middleman. So here’s an example. Let’s say the property is worth $100,000. Market rent is $1,000 a month. When you do the sandwich, you have to negotiate a sales price less than $100,000 […]
Lease Options to Control Using a lease with option to control a property is one of the easiest ways to make money in real estate. Let’s say that you find a seller that needs to sell, and they don’t want to rent it out and they don’t want to list it with an agent. You […]
Buying on lease option This is where you lease with an option from a seller (you have an option to buy), and your exit strategy is to sublease and sub-option. This is called a sandwich lease option. See Sandwich Lease Option
Lease Option Pitfall Number 2 not doing a proper title search. In real estate investing without checking title you’re in trouble, it’s really stupid not to check the title. I’ll give you an example, that even if you check the title you could have a problem. I had a student that had a house that […]
Lease Option Pitfall Number One There are a lot of mistakes that people make when they’re trying to do a lease option as an investor. Let’s go through things that you can do to avoid problem. Number one, don’t give the seller too much money. Many Real Estate Investors pay too much money into a […]
Lease Option Sandwich Training Report: A Strategic and Legally Defensible Approach to Buying on Lease Option & Lease Purchase Prepared For: Real Estate Investors & Homebuyers Executive Summary This report provides a comprehensive framework for acquiring real estate using Lease Options and Lease Purchase agreements. While these creative financing strategies offer a path to homeownership and […]