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Lease Options Create Purchasing Alternatives For Real Estate Investors. Here's A Quick Video On How To Purchase Properties Using A Lease Option... To Learn More About Lease Options: http://www.LeaseOptionInterviews.com Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on how to purchase real estate using lease options. Locating Properties Online Local Newspaper Ads - Real Estate Section - Search Keywords MLS OR REALTOR.COM - Search for Keywords - rent-to-own, lease-to-own, lease to purchase, option to purchase, owner financed, lease option, lease options, lease option to buy, lease purchase, lease purchases, lease to purchase, purchase option Also, properties that have been on the market for awhile - 90-180 days Craigslist - Ctrl + F - use the same keywords as the MLS to quickly find what you are looking for Local Pennysavers - Thrifty Nickel, Greensheet, ETC. Rent-To-Own Websites Landlords Drive- Bys - FSBO, FRBO Seller Negotiations You must be able to explain all the benefits to the seller, so they will consider and accept the idea. Very rarely is a seller offering this, if they are, they're likely an investor and it's not a good deal. Emphasis on...Less Stress Good Tenant - Won't tear up property No more mortgage Tax benefits of ownership - until option is exercised No Realtor Fees - save 3% Save on marketing cost Also, Monthly rent amount - FMR - Fair Market Rent Maintenance - Tenant/buyer Repairs up to $100 Rent Credits - Monthly extra fee (down payment) towards future purchase of the property Purchase Price Option to renew - 1 year term, 2-3 year option - in case market drops Paperwork and Closing Lease Option Purchase Agreement Term Period Parties Involved Option to renew clause Rent Payments/Credits Closing - title company, or kitchen table Exit Strategies Sandwich lease - right to assign - You live there Find a Tenant Purchasing real estate with Lease Options offers homeowner-ship opportunities to real estate investors. But before you jump into a lease option agreement be sure you to figure out what terms work for you before negotiating. Just like any other area of real estate investing, you have to know the process in order to effectively structure a deal in your favor. Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing. Watch This Video on REIClub.com: https://reiclub.com/real-estate-video... ================================================ 🔔 Subscribe for more videos like this: https://www.youtube.com/reiclub?sub_c... FREE RESOURCES FOR YOU ================================================ 📝 Seller Forms Package: https://reiclub.com/free-seller-forms/ 📝 Contractor Cheat Sheet: https://reiclub.com/contractor-cheat-... 📖 "Think And Grow Rich" Book: https://reiclub.com/think-and-grow-ri... 📖 Other Real Estate Books: https://www.amazon.com/William-Johnso... REICLUB SOCIAL SITES ================================================ 👥 Facebook: / reiclub 👥 Facebook Group (Unemployables): / unemployables 🐦 Twitter: / reiclub 📸 Instagram: / reiclub #reiclub #unemployables #onedealaway #realestateinvesting • Lease Options - Buying Real Estate Using a...