Just Kidding, sometime these "Guru's" seem to be offering just that...as someone with a background in sales, I find it to be intellectually offensive.Jason Gilbert was just that, his "course" was pretty much this...find a distressed "Recession Resistant" improved property such as a self storage facility...convince the owner to sign it over via a MLO (Master Lease Option) based on it's current under performing state.So your asking the owner to Lease it to you for the SAME amount of income it's currently generating...Improve the properties performance (raise the NOI-lower expenses) to gain instant Positive Cash Flow, any income the property generates above and beyond the Lease rate is pocket cash.Exit...either exercise your option and buy then re-finance or flip etc.O.K., sounds great, in fact in theory it is great.

I've been investing in real estate for 18+ years and I have NEVER heard of a situation where it was exercised.

I think there are just as many "portfolios" to mimic as there are fad diets or exercise routines out there.Of course, I haven't even gone into individual stocks, ETFs, etc.With real estate, the rules of thumb are pretty simple.

As long as the tenant/buyer obtains his own financing when he exercises his option to purchase, the property seller is not subject to the SAFE Act provisions.The consideration received for the option is not financing.

The benefits to L/O's are a higher selling price and higher rents with some of that being credited to the buyer when they exercise.

I know the markets in this area very well due to a lot of research as a renter (I've lived here 2 years as well while attending school) and due to my interest in real estate which I plan to exercise post graduation, and this price seemed appropriate sight unseen.However, I inspected the half renovated section of the duplex today (with permission of course, since I had some friends who were interested) and was unpleasantly surprised.

It's time to exercise the option and the buyer does not have closing costs in cash so now he is selling.

Her stategies is getting the buyer's option fee (about 3%) and front 1% commission to realtor with the rest due when buyer exercise options.

Or better yet, tell you to drastically change your diet (organic, low sodium, sugar, etc.) and exercise?

And if they exercise their option, it is credited toward the down-payment.