Specifically, on control without ownership, and the ways that it can be achieved in real estate investing. There’s lease options, of course, and sandwich lease options. There’s owner financing and seller financing and becoming the bank in a real estate financing transaction. There’s hard money and private money lending. Who doubts who has more control, the owner or the payee on a note secured by the property owned by the owner?
That’s a tricky question…but there’s no surprise banks would rather hold the finance paper than hold the deed. You could go on and on. Aside from leverage, control without ownership could be one of the most explosive real estate investing techniques in your arsenal.
What I’m getting at here is the real need to pay attention to control and issues of control when you’re planning your real estate investments and when you’re structuring your deals.
I’ve read quite a few books and been to more than a few seminars on real estate investing. One of the best, and cheapest, overviews of some of all the many ways a savvy real estate investor can exercise control over real estate without legal ownership can be found when you buy and read A.D. Kessler’s book Fortune at Your Feet. I definitely recommend it to you today!