Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Property Investing Secrets 4


Property Investing Secrets:

How to Sell to 100% of the Market Place Using Lease Options

When property investing, you will find if you make houses easy for people to buy, your properties will become easier to sell. Most people who are selling houses today are selling to the 80% of the population who have good enough credit to qualify for a bank loan. These buyers have choice. They have been approved for a loan and they can look at 20 or 30 properties and negotiate hard with the sellers. It's important to note when property investing that this is not necessarily your market when you sell on a lease option.

I've found when property investing that when your exit strategy is to lease option to a new buyer you're targeting people who may not immediately qualify for a bank loan. This makes up about 20% of the population. Perhaps they are investors who can't get any more bank loans or they're new to the country and haven't established a credit file that will satisfy banks. Sometimes they have a lot of cash but didn't pay their credit card or phone bills on time and they can't qualify for a loan due to these credit issues. Also a divorce will hurt credit files. Usually it is not major things, it is just credit issues that stop people from getting a bank loan today, but they can probably qualify in a year or two.

And what you're going to find is when you're property investing is that by offering a lease option to new buyers you will appeal to 100% of the market place who are looking to buy a property, not just the 80%. Later down the track after you buyers have made payments to you they will probably want to refinance and pay you off in a couple of years.

A fundamental rule of property investing is when you lease option you are attracting a lot more people because you don't have the same guidelines as a bank. You make it a lot easier for people to get in-to purchase a property. And the benefit to you is that you've made your property easier to sell.

Rick Otton is the director of We Buy Houses Pty Ltd. He has been property investing full time for 14 years. Rick has completed over 351 property transactions in Australia and the United States.

Rick specialises in creating positive cash flow through a variety of strategies he perfected in the United States and adapted to Australian conditions. He sells home study courses on vendor finance, one year mentoring program as well as a yearly 3 day boot camp on the Gold Coast. Go to http://www.rickotton.com for more property investing information ring 1800 003 588 in Australia.


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Palm Beach Daily News

Palm Beach real estate market shifting into higher gear
Palm Beach Daily News
With a new season upon us, Palm Beach's revved-up real estate market has continued its year-long shift into higher gear, driven in no small part by affluent home buyers whose wealth has steadily increased and who increasingly view the island as a ...



Real estate transfers: Reported Oct. 21, 2018
Herald-Whig
Real estate transfers recorded in the office of Adams County clerk and recorder. Quincy area. Russell F. Rohrer, property at 2000 State St., to Elias M. Wigfall and Lachelle M. Wigfall. Melissa R. Hinkamper, property at 1212 N. 20th St., to Melissa R ...



Mansion Global

Menorca's Real Estate Market Sees Rapid Growth
Mansion Global
One of Spain's Balearic Islands, Menorca is known for its natural beauty and has a reputation for being family-friendly and low key. It is the least visited and developed island in the archipelago, but lately it's been receiving more attention. Tourism ...



OCRegister

Commercial real estate: Catch the first wave, there may not be another!
OCRegister
Enlist your commercial real estate professional to take you on a tour of your competition. Sure, you can accomplish this on paper, but if you get in the car and look at other things available, you'll see the market through a buyer's perspective ...



Naples Daily News

Real estate briefs
Naples Daily News
Free real estate seminar. Naples' top real estate professionals are holding a public talk to help homebuyers and sellers avoid making common but harmful mistakes. According to local Realtor Jim York, who will be one of the professionals at the seminar ...



Real Estate Happenings
Charleston Post Courier
WHAT: This inaugural golf tournament fundraiser is sponsored by Berkshire Hathaway HomeServices Southern Coast Real Estate, with 100 percent of the proceeds going to nonprofit The Sunshine Kids Foundation (www.sunshinekids.org) providing group ...



Real estate transfers for Oct. 21, 2018
Roanoke Times
Federal National Mortgage Association to Morris Real Estate Management LLC, 1813 Eastgate Ave. N.E. Roanoke VA 24012, $64,900 10/02/2018. HSBC Bank USA to Victoria L. Epperly, 3401 Birchwood St. N.E. Roanoke VA 24012, $71,000 10/04/2018.



Forbes

Six Skills Real Estate Investors And Developers Need To Develop
Forbes
Being a successful real estate investor or developer requires the unique ability to see an opportunity where others do not. Looking at trends in other successful markets and recognizing those trends elsewhere are key factors in identifying opportunities.



Real-Estate Matters: Options exist for buying parents' home in private sale
The Columbus Dispatch
Q: My parents want to sell their house to me as part of a retirement plan. We're hoping to find a way where I can make a contract specifically with them so I pay them an agreed-upon monthly rate with some interest rather than going through a mortgage ...



Wall Street Journal

The Bullies of Real Estate
Wall Street Journal
“Bullying is rampant among real-estate agents, but you see less of it among the top-performing agents. The most common form of bullying here is a passive-aggressive running of the clock, which usually happens when buyers and sellers are negotiating ...


Google News

home | site map
© 2006 TIGER MEDIA