August 10, 2007 -- /prbuzz/ --The Lease Option Broker Handbook
Springville, Utah 84663 08/09/2007
The Lease Option Broker Handbook provides you with all the essential methods and tools to launch into the lease purchase market successfully. It will guide you through:
§ How to get started immediately.
§ Step-by step methods to deal with real estate investments
The Lease Option Broker Handbook has one goal: to help you buy, sell, or invest in real estate using the best terms available in the marketplace. It contains a straight-forward, clear method to accomplish this goal. The Lease Option Broker Handbook is the culmination of numerous seminars, courses, books, tapes, and, most important, years of experience.
This is all brought together into a clear and easy to understand format that will guide you towards your goal of successfully completing a lease purchase deal. There are some groups of people who would prefer that you not master the methods presented here.
I will remember this particular series of events for the rest of my life. This is how it all began. As I sat in my office sifting through an endless phone calls, I came across a notice from my company. It requested my presence at one of its all too frequent ‘morale boosting’ meetings. It seemed that my full-time job had switched from selling Internet coaching to that of being a prisoner of my company. But even though I felt trapped,I knew I needed the job to pay the bills.
The next week, there I was sitting in my office chair and began to daydream about how I could break free from working for someone else and become independent and wealthy on my own terms. I thought about the fact that I was smart and a hard worker. My mental wanderings took me back to the time when I bought my first home:
At that time, I had $100 in the bank and a hunger to stop throwing money away on monthly rental payments. I had no idea what I was going to do. I just knew that I wanted a home and that I would have to get it for as little money down as possible. I remembered glancing through one of my friend’s creative real estate courses that she had ordered on television. The course presented the features and benefits of lease purchase contracts. I recalled that if money was an issue, a lease purchase contract could be the key. And it was. It allowed me to open the front door of my new home.
For two weeks I searched unsuccessfully through the classified ads looking for homes being sold on lease purchase contracts. Then I decided to change my tactics and become proactive in my search. I began to approach sellers and discuss with them the advantages of selling their house using a lease purchase agreement. After a week, I found the right seller.
He had just purchased another home in a nearby town and could no longer afford two mortgage payments. He didn’t need much cash, but he was motivated to sell his home. Perfect!
I offered him full price for his home if he would lease purchase it to me for 12 months.This allowed me time to save for the rest of the down payment. Furthermore, I asked him to give me a $200 credit per month towards the purchase of the home. Much to my surprise, he agreed!
A month later I had a half-completed business (freedom) plan, but it was sitting in my “to do” file gathering dust. I didn’t have time to finish it. There was too much work to do in the office: stacks of paperwork, endless telephone calls to make, visits from customers complaining about rates over which I had no control. I was totally frustrated.
Then one day my I knew that lease purchase contracts could work, and work well. I recognized that they could create win-win situations for both the buyer and the seller.
And, I knew this could be a very good way to do business. So I went to libraries and bookstores to get as much information as I could on lease purchase contracts. I finally finished my freedom plan that focused on one objective:
Make a ton of money in as short a time as possible using the lease purchase contract.
Unfortunately I wasn’t in good shape financially. I had only $100 in the bank and $10,000 in credit card debts. I was making just enough money to cover the bills. But as my mental wheels raced searching creatively for a solution, One of the homes I bought and lease purchased to a tenant/buyer.
Five of them I lease purchased from landlord/sellers and then sub-lease purchased to tenant/buyers. To my surprise, my net cost was less than $1.00 to control all of these homes. In fact, I actually made a profit up front.
That $5,000 provided just the confidence that I needed to finally take action. When the dust settled, I had more than $20,000 in the bank and my net worth had increased from virtually nothing to over $100,000. Today I am a full time real estate investor.
Lenders and Realtors top the list. Why? Think about the impact of this information on their jobs. Lenders make a living from charging interest on loans. Over the thirty-year period, you could pay over $200,000 in interest alone on a $100,000 mortgage.
Realtors make a living by charging a commission when they represent a home you are buying or selling. Since a typical commission rate is 7% of the selling price of a home, you might pay $7,000 in Realtor commissions for a $100,000 home.
This Handbook will show you how to save potentially hundreds of thousands of dollars by rethinking your approach to buying, selling, or investing in real estate. Experience is the greatest teacher, and mistakes are often an important part of that experience. But you don’t need to start from scratch.
You can learn from the experiences of others and reduce your learning curve. While no one can guarantee your results, the goal of The Lease Option Broker Handbook is to help you move successfully through that learning curve while minimizing costly mistakes. You will be able to buy, sell or invest in your next home using the power of the lease purchase contract.
If you want to be an investor, you will need a solid business plan for economic survival because no one can predict what the future will bring.This Handbook will teach you how to use the principles of leverage to prosper in a good economy while these same techniques will allow you to thrive in a poor economy.
Media Contact:
Corey Babinchak 801-836-1261 http://theleaseoptionbrokers.us.ms
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About the Press Release
The Lease Option Broker Handbook provides you with all the essential methods and tools to launch into the lease purchase market successfully. It will guide you through: § How to get started immediately. § Step-by step methods to deal with real estate investments, landlord/seller transactions, tenant/buyer transactions. § Precautions to minimize risk with each type of transaction. § Sample marketing materials. § Samples of the required forms.
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