One of the properties I own is a brick building and they do not shake well!

everytime i see one of those commercials i shake my head.i figured if these people have to advertisig that they are willing to lease to own, its probably a better deal for them.i could be wrong, i will have to do some research on lease options but thanks for the information, do you recommend any good books or websites about lease options?

Nothing on paper , just hand shakes over beers.

I looked into Steak-n-shake.

That said, many have read his books and taken the seminars; some of those have actually benefitted (read: made money).I found Douglas Gray's "Making Money in Real Estate" and "The Canadian Landlord's Guide" to be more useful reads.I would also recommend George Dubé and Steve Cohen's "Legal, Tax & Accounting Strategies for the Canadian Real Estate Investor".If you want a Canadian flavoured references / text book on commercial real estate, then you should shake your piggy bank and get a copy of Pierre & Claude Boiron's "Commercial Real Estate Investing in Canada".  

Im sorry if you are reading this and shaking your head at what a foolish question this might be....BUT Im a newbie at this game...and yes..I plan on speaking with a CPA next week, but any info or advice before hand would be greatly appreciated :)

And now I see something this scenario above and all you can do is shake your head and wonder how these banks ever make money.

I would just have it checked like they said for plumbing etc I bought a property on a hand shake from an 80 year old and he didn't want an appraisal it was the best thing I ever bought I appraised it and never shared it with him.

I just shake my head sometimes.

Most Deals" shape-up" or " shake-out" after applying this type of consideration.