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Updated about 5 years ago on . Most recent reply
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wholesale lease option with Joseph Bodek or Joe McCall
Wholesaling lease options sounds so good until you ask key market questions. In my market, house sell fast at or over list and rents are impossible to find. To get a lease and then sublease, you need to motivation from a seller or landlord. Why would a seller or landlord let me lease to sublease when the market it so hot? @Joseph Bodek won't post his coaching posts without blocking questions or comments and @Joe Mccall, also won't reply to questions like this. They both seem to be selling the same thing. So, if they claim this is a great method, please explain why any landlord or seller would do this with the current market being so good?
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Markets come and go. If a guy is upside down on his house or has very little equity, he may want to lease/option for numerous reasons. If the markets hot, you'll find a lot less people that would be willing to lease option. If you only want to use one strategy, there will come a time when you're going to have to market your patootie off in order to make a living.
It's difficult in the type of market you describe to wholesale as well but I can still find deals. I just have to really, really work at it and get better at negotiating