by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
I have been promoting lease options for almost a year now and have been working my butt off getting tenant/buyers to take the properties I have and finding the ones they want. It has been a waste of time to find specific properties for tenant/buyers. So I had a chat...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
My partner, Rick Vesole, and I do a lot of lease option type transactions. I recommend that you always record every such real estate transaction you enter into on tape. Real estate is generally thought of as the most expensive thing people will buy in their lifetimes....
by Brandon Reynolds | Dec 15, 2008 | Money-Making Ideas
One of the best ideas that I have used when trying to get a lease purchase deal closed uses an alternative type of option consideration/earnest money deposit. If the seller is okay with the idea of a lease option or lease purchase but thinks my consideration a little...
by Brandon Reynolds | Dec 15, 2008 | Money-Making Ideas
I found a single-family home appraised at $149,000. The seller had $62,000 in equity. I offered $105,000 all cash, which was accepted. I found a partner to front the $105,000. Refinanced the property at 80% of market value for $119,200. I pulled the $105,000 out and...
by Brandon Reynolds | Dec 15, 2008 | Money-Making Ideas
I have created a time machine. Just think back to the remember when you could buy a house for $6,500, hold on to it for a few years, and sell it for $30,000. If I could do that now, I’d buy ten. Well I’m here to tell you. You can. I just did. The city was...
