www.REIClub.com – Lease Options Are a Great Way to Invest in Real Estate. Watch This Video to Learn What a Lease Option Is and When It Makes Sense to Lease Properties With an Option to Buy. 1. What is a Lease Option * A “lease option” is really two separate but related agreements: a “lease agreement” and an “option agreement”. * Lease Agreement – standard agreement to rent a home, sets terms of lease * Option Agreement – the right to purchase the home within a specified period of time for a fixed purchase price * Unilateral agreement – Seller is obligated to sell, buyer not obligated to buy 2. Terms: * rent credits (?) – portion of each month’s rent is credited towards the sales price, small percentage of monthly rent * option consideration – upfront fee paid by tenant buyer to the seller that gives the tenant buyer the option to buy at a fixed priced during a certain period of time * sandwich lease – * assignment – “assign” the option over to another investor for a fee, they resume payments and ownership of the contract and property at time of closing/ending of option period. * sublease – you are the primary on the contract to purchase, but lease the property to a different tenant, responsibility is still yours. 3. Why lease options? Seller * Move property faster – buyers market = competition * Good way to sell when market is down * Pass small repairs onto buyer * Tenant Buyer – better maintenance of home, intention to buy Buyer * Appreciation – fixed price * Repair …
www.wendypatton.com Wendy Patton’s Lease Option Rent to Own student Russ shares his progress. He’s only had my course for 3 weeks now and is off to a great start! Everything he is doing is taught in my course and can be done by anyone. Best of luck to you Russ! If you are interested in lease option investing or rent to own investing take a look at the free CD on my site: www.wendypatton.com
www.wendypatton.com http If you could pick up a 0000 home for 10 bucks, would you do it? Two-Day Seminar on Lease Options and Subject Tos with Wendy Patton and Kris Kirschner
www.wendypatton.com Real estate agents and lease option real estate investors alike will appreciate this video. Jon from New Jersey, a lease option real estate investor, talks about how Wendy Patton’s recent real estate agent training class can help real estate agents make money in down markets as well as how real estate investors can get real estate agents to work with them. http Jon has been trying to get real estate agents to help him do real estate investing deals in the past without success. Wendy Patton gave away a free script in her class that she uses to open the door to working with real estate agents that has a very high conversion rate. www.wendypatton.com
www.wendypatton.com Wendy Patton just recently finished a fabulous vacation in Maui. Here is a view from her hotel room balcony. An ocean view is pretty nice. Wendy Patton is a lease option investor and lease option or rent to own trainer. She teaches rent to owns or lease options across the country. Lease option investing is a great way to do real estate investing with little to no money down. It’s easy to get started and you can achieve a 6 figure income by just doing a few deals each year – part time. Then you can afford vacations in Maui too. To learn more about lease option or rent to own investing go to http
www.wendypatton.com This young man has a bright future in Real Estate! I was so impressed with this young man. He was incredibly interested and motivated to learn about lease options. He recently attended my lease option training seminar and he’s only 12! http
www.wendypatton.com John & Sandy, long time real estate investors share their experience with Wendy Patton’s Lease Option Training Boot Camp. To learn more about the next boot camp go to – www.wendypatton.com
