by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
In The E-Myth, Michael Gerber puts forth the reason that most small businesses fail. The business starts because a technician who is good at something (repairing toilets and other small house repairs for example), decides he should be in business for himself. Now,...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
After being in the single-family house business for the last 28 years, I was looking for a way to make my operation more efficient. And along came the Internet. WOW, what an improvement to my business! Here is what we did. First, we contracted with an Internet Service...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
In my last article on lease options [Advantages of Selling on a Lease Option], I listed the many benefits to you (the Optionor) of leasing to your tenants with an option to buy. This article will continue the discussion in more detail. What are the primary problems of...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
Reading recent articles about lease options reminded me of not only the lease option buying that I have done over the years, but also of the tremendous advantages of selling on a lease option. My income increased dramatically when I discovered the benefits of selling...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
Many times people looking to get into rehabbing and flipping houses find it difficult to locate a real estate agent who will work with them. Here’s a letter I drew up to mail to agents. It was designed to be sent using our corporation letterhead. However,...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
Fire-damaged homes offer great profit potential but also pose special concerns and hidden risks for investors. I would not recommend a fire project for the first time investor, but I would suggest that experienced investors and renovators should not overlook an...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
Here is an idea that I have not tested, but may be workable. Have the owner of an abandoned home donate the home to a non-profit organization that you have an agreement to share profits with. Then arrange for 100% financing to fix-up the home. (A great LTV with no...
by Brandon Reynolds | Dec 16, 2008 | Money-Making Ideas
As far as advertising and promotion goes, I have my own radio talk show called “RENT TO OWN.” In fact, it is also a small radio network. At various times I can be heard in six metropolitan areas in Florida, broadcasting on four radio stations. The show is...
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....