In the first video he spends around 5 minutes trying to explain Lease Options but completely fails.

Quote from @Geri Randall: BUYER BEWARE: Goodegg distributions "paused"Goodegg has stopped distributions on the offering I bought a couple of years ago, called Congaree Villas, and has not been forthcoming with revised financial projections that explain why it has done so--even though it says the property is still cash flow positive and has adequate reserves.

And yes, we always coordinate our visits with the tenants and send an email ahead of time explaining what we do and where we'll look.  

Nick,Thanks for explaining.

Explain to me, so I understand.

I explained to them that wholesaling is selling a piece of paper only - selling the right to buy at an agreed upon price.

Am so TIRED of trying to explain this to naive newbies who think they need to buy Class D rentals because that's all they can afford and S8 is going to solve all their cashflow problems!

If your planning on listening to keyboard warriors on here to explain the process, you're gonna get a lot of bad info...some good, but some bad.

I suspect most who requested cash for keys had previously received cash for keys.What I do instead is explain:- the housing shortage in my market and that an eviction will forever make it difficult to find a quality rental in this market. - I will ding their credit such that all credit cards and other debt will cost them more.- I will keep their security deposit for funds owed.- I will do my best to garnish future wages until their debt to me is paid in full.This has worked 100% time so far.  

Lending laws change frequently, and we receive emails from Lightning Docs throughout the year explaining their updates to the documents we use here in CA.