The Secret to Making Money with Lease to Own Properties

•How to Pick the Tenant for Your Lease Rental Property
You’ve had your open house for that available lease rental property and you’ve gotten 3 or 4 good applications from people interested in leasing that property. Now, how do you choose the right tenant for your property? Know What Kind of Tenants You are Attracting One thing to understand with lease purchases in real estate investment is that you are dealing with potential lessees who can’t quite get into a home mortgage. Many will have bad credit, lost jobs or even lost a house in the...

•Is Renting Smart
Many real estate investors will think about becoming a landlord, with your own rental property, from time to time. It seems like an easy way to bring in a regular monthly income on a long-term basis. Plus, you don’t have to spend a lot of time each week looking for new properties to invest in. However, a lot of investors will caution you to avoid the tenant business. It’s got a lot of drawbacks and can actually raise your blood pressure! Holding Costs are High! When you become a buy...

•How to Get Those Lease Tenants
Want the easiest way to bring in lease tenants when leasing a property? Put an ad in the paper! Getting a lease tenant is just the same as getting a rental property tenant. You can place an ad in the papers saying property for lease and giving your phone number. A lot of real estate investors forget that the goal of an ad is to get a phone call. You’ll notice this in the ads of investors with 6 or 7 lines of text that describe the property. Those are trying to sell the property in the...

•Can you get Good Discounts on Properties out West
A lot of people are interested in real estate investment, but they also live out west in very expensive areas. These are places where the average family style ranch may cost up to half a million dollars and the cost of living is very high. The tendency for these potential real estate investors is to say; sure this works for people in cheaper areas of the country but the market here is so expensive it’s just not worth our while. It is very possible to make a return on your real estate...

•Building up a Network in Real Estate Investment
When you first start out in the real estate investment business you’ll find that having a network of other investors and buyers is a valuable source indeed. In fact, it can help you in all areas of your business from finding good properties to buy to finding the investors to buy those properties from you. It’s fairly easy to build up a network as you begin buying properties, even if you don’t know anyone when you start. Network your way to profits Naturally, you won’t pick up every...

•Three Reasons Why Now is the Best Time to Invest in Real Estate
You can’t turn your t.v. on today without seeing some type of bad news about the real estate market so making the bold statement that now is the best time to invest in real estate in the last 15 years might seem a little crazy. The fact is today IS the best time and those that take advantage of it will be setting themselves up for amazing profits in the future. 1. The “F” Word. Foreclosures are at an all time high. Just about every one of us can think of a family member or friend in...

•The Best Kept Secret in Real Estate Investing Note Buying
One of the best kept secrets in real estate investing is clearly the practice of note buying.  While purchasing notes, otherwise known as home mortgages, may seem like a complained process, it really isn’t once you take the time to understand how it works.  And, the best part is that you can set yourself up to be a note broker and make money simply for brokering the sale of a note from one person to another without ever having to tap into your own savings and investments to do so.  What is...

•Undesirable Property in Post Foreclosure Can Be Your Most Profitable Sale
We love the ugly and awful. ~Andy Heller There are all kinds in real estate investment. All kinds of real estate investors, all kinds of deals and all kinds of property to make a deal on. You’ll definitely find that having all kinds in this business makes for a great amount of variety and plenty of opportunity for earning profits. There are three basic ways to make a profitable deal in the real estate investment industry. 1. Pick up a Pre-Foreclosure 2. Pick up a Property at the...

•The Art of Negotiation in a Short Sale
You’ve found a great real estate investment to purchase, signed on with the homeowners and gotten all of your information in order. All that’s needed is to approach the bank with a short sale offer and close the deal right? Maybe not. There is an art to negotiation in the real estate investment industry. Negotiating a short sale isn’t simply approaching the bank with your packet of paperwork and your best offer to close the deal. You’ll need to endure at least two rounds of...

•Using Auctions as Your Real Estate Investment Exit Strategy
As a successful real estate investor, you need to first set yourself up with good deals, and then secure financing for your deals, and finally you also have to have a solid exit strategy for those properties you ultimately purchase and plan to re-sell. One of the best exit strategies, and one many new real estate investors don’t often think of, is using a real estate auction. Using a real estate auction as an exit strategy can work very well for a number of reasons. By offering a property...