How to sell your property for 10% OVER value fast!

Good businesses are built on systems, because systems are duplicatiable... you can do them over and over again.

The key to this method is to understand what I have been saying; people will pay YOU because they do NOT KNOW how to structure deals the way that you do. You will have deals that they are DYING to get, but they just don’t know how to find them.

That is why you can sell homes with a 5%-10% premium and even charge higher than market value rent.

You can also get non-refundable, lease option money from your tenants rather than a security deposit that you have to give back to them at the end of their lease. Lease option money can pay for your vacancies if you know how to structure your contracts!

Just for those of you who aren’t familiar with the process of Lease Option, here it is... You grant a tenant the option to buy your property at a specific price and within a specific time period. In exchange for the option to buy, the tenant pays a non-refundable lease option fee.

Often, a portion of their monthly payment and their lease option money will apply to their down payment when and if they do purchase.

If they don’t exercise their option to buy within the time period allotted, the option monies and any payments made toward the house are forfeited.

Surprisingly, only a small percentage of Lease Option buyers will actually exercise the option. My statistic is that only 50-60% will end up closing. The remainder move out after their option period expires. Then you can put those properties back on the market at a higher price and get a new lease option fee from a new buyer.

All through this process, you get to apply the tax benefits of owning rental property to reduce your income tax, but have much fewer headaches than being a landlord because you require that the lease option buyer maintain and repair the property.

Pretty cool.