|
|
|
|
A few days ago, I posted a video on using Master/Performance leases to create instant cash flow and long-term relationships from sellers. I recieved some feedback from our little "lease purchase community" that you wanted to see one of these deals in action.
So....I have made a part two of this video. Here it is above.
I hope you enjoy it, if you like it-please feel free to leave a comment on my blog or facebook.
-Todd
P.S -This is also a great back door into lease purchasing
p.s- I have gotten alot of interest on this subject so I am thinking about putting together a 3 part webinar series on this topic. I am thinking about keeping the group small, so if you are interested please let me know.
Just got a great questions over email. Do you need to be a real estate agent to Master Lease?
ReplyDeleteA: Nope! We act as principals which is a huge benefit. Adding performance clauses takes away 99% of the risk.
Hey todd, How do you price your assignment deals? Also will you have a live video of you doing a assignment deal
ReplyDeleteI collect as much as I can from my buyers. I go for a minimum of 2.5%. I am often able to collect 5% and on a good day I collect 7%. There have been rare occasions where I have collected 10%-but that is not the norm. So how do I price the deals? I see what the market bring me on the house. I always let the buyer tell me how much they have to work with. I call it AMAP (As much as possible)
ReplyDeleteFinancing your assignment fees will enable you to get alot more. Hope that helps!