I found out what business I want to get into,which is RE.Thing is I just started studying about RE,thinking the best apporoach is get into lease payment options,which is pretty much property management,then move up as I gain experience.I’ve been reading some real estate books,but I want to read more to know every aspect of it.Here is some questions
-I’m 18 going on 19 in feb,is there any legal laws based on my age to be doing lease payment options?
-what other books,you suggest that are pretty intelligent,simple,get to the point?
Well I’m not dealing with no landlord problems,or owning the property,im just managing it.
Don’t be too sure. I certainly hope it works out that way, but I’ve heard enough horror stories to realize you are never “landlord-free” with L/O’s. Also, until the buyer actually exercises their option to buy, you still own it. Now, if you meant owner financing then that would be different.
like nomoneydown said you still have the landlord place in a lease option.A lot of it is maintanence but you can negotiate this part for your t/b to do. (managing) is still having to be there, so you’re still dealing with the problems.As far as age, I really haven’t heard anything on the issue. Good luck & God bless
I know I have to deal with the landlord,and do some negotiating with him.I’m saying I wont be in the actual landlords postions of owning a property.What I’m going to be doing is just leasing it,but having a payment option on it.Is Real estate broker same as doing lease payment options? because in reality I’m just going to be the tenant,and potential buyer of the property on contract.