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19 March 2017 | 2 replies
Additionally, you would remain the titled owner until the tenant exercised their purchase option or the instalment sale was completed.
23 March 2017 | 8 replies
You can do this in your current situation, it just means you have to exercise more care about what kind of place(s) you buy.
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7 December 2015 | 2 replies
I have learned a great deal more since that time and I want to fast forward to the current and get into the lease option deal we put together several months ago.We have rented the property for the last 2 years @ $1,600 per month to 2 different tenants.The mortgage payment is $950 per month ($107k loan for 30 yrs).Each time trying to lease option on my terms but to no avail.As they say, third time is a charm and the prospect came calling.When they asked about the lease option, these are the terms I sent over to them and they were the following:Purchase price: $189,900, $1,500 per month lease payment, $50 per pet per month fee, $50 application fee each applicant, 5% non-refundable option fee, one month security deposit, and 20% of monthly rent going towards down payment credit when option to buy is exercised.We agreed on all the terms above with a purchase price of $182,900, $1,600 rent (2 pets) and 2 year option agreement.There was a buyer’s agent involved so I paid her a portion of the owed commission and the buyer paid the rest (buyers portion will be credited when option exercised).I was not going to pay all of commission up front not knowing if buyer will or will not take option.You can do the rest of the math to figure out what the net profit will be once the option is exercised.
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9 December 2015 | 16 replies
Donald is exercising his free speech (or inciting violence - whichever way you want to look at it) with some of the stuff he says, but as long as he doesn't actually discriminate, then folks would be unable to prove **actual** harm and be unlikely to have a case.However, in some cases, there might be a real possible case for people to use issues such as hate speech, hostile working environment (for his employees) or living environment, etc.It's less a slippery slope and more of a weird reverse ad hominem (arguments against the person becoming an argument against the brand??)
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23 December 2016 | 8 replies
Maybe a sample property.
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7 March 2016 | 34 replies
Just going through this exercise will help you to better structure your plan and deal if you choose to pull the trigger, or it might talk you out of it; either way, you will likely be better off for going through the exercise.
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31 October 2016 | 2 replies
Biggest carry-aways from this weekend were the class exercises (looking for deals from the AVATAR seller & the 3 option offer approach & yellow letter marketing technique & MLS versus Seller Direct offers).
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3 January 2017 | 8 replies
Using post cards vs letters, and are there any samples of letters/post cards that may generate leads?
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10 November 2016 | 1 reply
Does anyone have a sample letter?
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10 November 2016 | 1 reply
Does anyone have a sample letter?