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Updated over 10 years ago on . Most recent reply

User Stats

51
Posts
0
Votes
Daniel Rubenstein
  • Investor
  • Las Vegas, NV
0
Votes |
51
Posts

Lease option rookie

Daniel Rubenstein
  • Investor
  • Las Vegas, NV
Posted
Hi all, I just moved into Vegas about two months ago. I have been pushing off starting my RE investing until I have more money to invest. I dont see myself wholesaling, nor do i want to borrow from freinds and family if I dont have to. so I kind of wanted to wait until I have the money to buy a 10 unit mini apartment ecomplex. However, I have been researching lease options and it seems to be a way to get involved in real estate without borrowing and without laying out alot for a down payment, while still bringing in some cash. I wanted to know if anyone on here has had any experience in lease options, positive or negative, and how easily or hard it is to get the right houses with minimal risk- especially in vegas, as Id like to invest locally. Any advice at all would help a lot!!! Thanks!!!!

Most Popular Reply

User Stats

378
Posts
82
Votes
Abhi Golhar
  • Investor
  • Atlanta, GA
82
Votes |
378
Posts
Abhi Golhar
  • Investor
  • Atlanta, GA
Replied

@Daniel Rubenstein Given that all of the numbers on the property make sense, it is a very viable option - I've done it multiple times. Many investors have a basic agreement, which is where they lose. I think I can help you. Feel free to reach out to me!

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