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Updated almost 10 years ago on . Most recent reply

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38
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Patrick Mcclellan
  • Upland, CA
1
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38
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Master lease options on multi family units

Patrick Mcclellan
  • Upland, CA
Posted

hi all, I got an email from an investor selling their get rich program which I never go for but the information she was trying to sell was interesting. She called it "the master lease option method". I don't think this is her idea but it sounds doable. Can anyone give me info on it or succes stories and what it involves.

I thank everyone in advance,

Merry Christmas

Patrick

Most Popular Reply

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Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
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Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
Replied

it's a turn around apartment building approach, where u find an apartment with low NOI, master lease it for a low monthly payment, then have an option to buy it for the low NOI based price in the future.

Raise rents and lower operating expenses over time and profit by buying low and selling at retail.

@Bill Walston is great at these.

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