All Forum Posts by: Account Closed

I invest in real estate that has been on the market a long time or more is owed than the current value so I am dealing with sellers who are more motivated to sell so I only pay $10.00 option fee.

in order to avoid a large option fee to a seller it important to take the right approach, have the right presentation and it has to benefit the seller enough for it to have value to them.

The sandwich lease option is an excellent way to invest in real estate while helping the seller sell and helping someone who does not qualify for traditional financing get into a home of their own.

I believe this is the best investment technique in the real estate market today, as an investor I want to avoid risk and liability. Risk is when I have to use my money and liability is when I finance a home in my name.

it is vital to do all the correct paperwork, make the payment directly to a title company to keep everyone honest, put your monthly positive cash flow in an escrow account to protect the property and the money you are going to give back to the buyer into an escrow account to have a fund in case the buyer stops paying.

The sandwich lease option allows me to invest in real estate while helping buyers and sellers at the same time, all other ways to invest out there in the market today are about getting a property as cheaply as possible regardless of the effect it has on the seller.

Making a difference will get me buyers and sellers coming to me because of the benefit for them, everyone knows someone who can't sell their home because they are under water or a buyer who doesn't qualify for bank financing. I get to work from home
I get to work part time and last year I made $96,833.00.

This investing technique is the future of investing and even if someone owes more than a home is worth the longer it takes to build equity the more money I make from the monthly income I receive.

Full disclosure is very important, the benefits for the seller even if it takes longer for the price to go up and we extend the lease option the seller will avoid short sale, foreclosure or bankruptcy and continue to receive the benefits of the tax write off without the headache of being a landlord.

the benefits for the buyer is they build up down payment, build their credit and the longer it takes for the value to increase the more money they save and the more they are able to build their credit and the better loan they will get.

So with the lease option everyone wins and it doesn't matter if the seller owes more than the value because the future value required in the contract and the required value in the contract for the buyer makes it so everyone will profit it is just a matter of time.

Marv Rousselow

Based on all the information you have provided it sounds like the tenants will be a problem and the property management company isn't doing the job.

When I have a problem tenant that will not move out I give them incentive to move with cash in their hand once they are out of the house and the house is in swept clean condition, if it was a foreclosure this would be called cash for keys.

It might cost you some money but in the long run it will save you money, you can go after the property management company for compensation.

I don't rent out properties, instead I do a lease with the option to buy with the tenant/buyer which pays me more money upfront in profit, the tenant takes better care of the house because they will be buying it. I give them a credit monthly towards their down payment which they lose if they miss a payment or leave so they have incentive to make the payment. Also I am able to get a much higher monthly payment which gives me a higher cash flow, the tenant takes better care of the house because they have taken mental ownership.

Also I can sell it for a higher future price which will allow me to have a sound investment with a nice return.

Marv Rousselow

Investing in today's real estate market is hard work, there are a lot of people trying to find houses to buy way below market value. In the Phoenix area investors are coming in from Canada and paying full price at the auction because they know we are at the bottom or close, they know the properties will go up so their strategy is cash flow.

How do you compete with all the professional investors out there? The answer is you don't.

I invest in real estate using a technique called "The Sandwich Lease Option" which allows me to invest in real estate with out using any cash or use of my credit.

I make money immediately, I make a monthly cash flow and I will make profit in the future when the buyer refinances the property.

I am able to pick up the properties everyone else overlooks...It's a GOLDMINE.

Marv Rousselow

STOP...there are much easier ways to do this. Is your plan to buy and hold? fix and flip? are you paying cash or are you getting a hard money loan?

What is your action plan and exit strategy? Do you have a contingency plan?

Real estate investing does not have to be so hard, it is vital to have a mentor to help you to avoid days like today, save you from making costly mistakes and give you answers to your questions when you run into a problem like today.

Marv Rousselow
LeaseOwn Homes