‘Analyze Posts’ Archives
How To Find Motivated Sellers?
One of the keys to successful Real Estate Investing is finding motivated sellers. You make money when you buy. A motivated seller is someone who owns a property and wants to sell it but can't. Perhaps there is not enough equity to sell because they owe too much money on the mortgage. Maybe the place needs a lot of repairs and no one is [...]
You Make Money When You Buy
Successful Real Estate Investors know that they "make money when they buy a property". They know what it is worth, what they will pay for it, how much expenses are and what the market rents are. They know how they are going to make their money from an investment before they enter into an agreement. When acquiring Real Estate Investments, you [...]
Motivation, Not Desperation
Find people who want your help When looking for motivated people make sure you are looking for people that want your help. Not people that think just because they are desperate they will use your service. Or that you are taking advantage of them. Motivated people are people who are experiencing some unforeseen circumstances and are looking at [...]
Don’t Buy For a Future Price
Your Investment Must Cash Flow You should never acquire an investment property where your profit is based on an expected future price. I have seen some investment proposals where the promoter is pitching deals that even have a negative cash flow now but a high return later. That higher return is based on expected appreciation and a higher [...]
Help! I Have Too Many Leads.
Partner With Your Competition One of my students is running some ads looking for Tenant Buyers for her Lease Option business. She is getting so much response that she had to stop running them for awhile. I am having the same problem with the ads I am running and I had to stop them as well. My salesman can't keep up. There are a couple of [...]
Preliminary Market Assessment – A New Tool
Eliminate your risks when acquiring Lease Options Probably the hardest part of Lease Options is finding the homes from motivated sellers. That is because the seller usually has many other possibilities before they consider Lease Optioning their home to someone like me. When we first started out we weren’t getting a lot of people calling us [...]
Analyzing Deals The Easy Way
The 10 Second Analysis for Buy Rent & Hold How do you know if you have a good deal? Before I do any deep financial analysis and, definitely, before I go look at a property, I do a simple calculation that gives me a good idea of whether or not I should go any further with the property. Sure, I know all about Gross Rent Multiplier (GRM) and [...]
Helping People Buy Their Own Home
Make Money and Help PeopleOne thing we really promote with our Lease Option Buyers Program is that we are helping people buy a home. These people cannot buy for a couple of reasons. What we do is that we get people into a house now. The main advantage for our Tenant Buyers is that they don’t have to wait for 3 years or more before they can move [...]
A Deal Saved is a Deal Earned
Get Control of The Property Before You Show ItWe had an interesting turn of events that happened today with our Lease Option business. We do sandwich lease options where we Lease Option from the Seller and then Lease Option to the Buyer. We had a property that we were showing our potential buyers. We had received this property from one of our [...]
When Deals Start To Find You
The Real Estate Investing Power of AttractionWhen we first started our Lease Option business we did a lot of mass marketing. We ran ads in Kijiji and in the local newspaper. We were looking for motivated buyers and motivated sellers. It wasn't long before people started looking for us.We started getting calls from home owners, investors, [...]
