OK i have been reading and almost completed the david finkle and peter book and making big money investing in real estate without tenents ect… (lease options)
Also what are some expenses i will have to pay like if iam paying the seller 1300 and getting 1600 from my buyer-tenent what expense do i have to pay for. as far as like taxes and stuff… dont know if iam asking this the right way…
Really need to find someone local who is actually out there doing this method… how do i find them?
on a lease option… you don’t own the house… your not responsible for taxes and insurance.
of course… he would want your payment to him to cover all that and you want your incoming payments to be higher and keep the difference.
if you structure your agreements correctly… you can have the seller cover repair costs for the first 30 days and have your tenant buyer be responsible for all repairs after the first month. put yourself in a no-risk situation. good luck
I turn 18 in may 29th next year i think iam going to just work and read alot more books about . lease option’s do you guys think around my b-day next year that lease option will still be worth investing in…?
Also whats the best state to do a lease option or would it matter?
I just thought there was a state that lease option would work better in like getting more for your rent to own payments that you will be reciveing