Real Estate Investment Training - Real Estate Investors
Give Tenants the Option to Buy - 101 Street Smart Cash Flow Accelerators #66
Oct 06 2019
Hi, it's Lou Brown. I'm back with another of my 101 cashflow itself. Writers where I'm going to help you to become a multimillionaire in the real estate business. It's been a fabulous business for me. I love it. It's been incredible. One of the things we started doing in the last video I was talking about giving our residency option to purchase and how that can be so much better for you. You can end up with a better resident at one point I want to make about that is we have them pay what's called an ROC non refundable option consideration. What that means is that once they pay that money, and I want you to understand this, they have purchased merchandise. The merchandise they purchased is the option to purchase that property, so as a result of purchasing that option, they have paid for that well when they pay for that.
That's nonrefundable now as a bonus, as an incentive to our residents. What we will do is we tell them when you exercise your option to buy, we're going to give you X dollars towards consideration at the time of your purchase of the property. In other words, we're going to give them a credit. Now that credit can easily either be out of an amount that's equal to what they paid you originally for the option or it could be some other number. Now my paperwork allows for that. That's in lease options, volume nine street smart investor.com click on tools open that up. Volume non is lease with the option Dubai. One of the things to say about that is that we can both buy a property with lease with option to buy and we can sell a property with lease with option to buy. Now we do have different paperwork for each side. All that transactions are always know that we've got the system separated into two parts. Buying versus selling at to give you some documentation, some protections, some negotiation that can benefit you. So hopefully this has been of benefit to you. To learn more about our systems, go to street smart investor.com. Definitely want you to join us at the upcoming millionaire jumpstart that we do four times per year. You can learn more about [email protected] I hope this has been a value, like it. Love it. Share it and do some scratch.
Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.
* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…
* How to have a buyer or renter before you even buy property…
* How to have them already pay you money before you sold them anything…
These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.
Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976.
He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts.
Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group.
He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.
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