How to Make Money with Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property...Without the Burdens of O

ISBN-13: 9780471692768 / Angielski / Miękka / 2005 / 233 str.

Thomas J. Lucier

Opis

Spend like a miser, profit like a mogul

Who says you have to spend money to make money?Savvy real estate investors follow the examples of Donald Trump and Walt Disney, turning substantial profits on properties without incurring the debt, risk, and maintenance costs of ownership--and now, so can you

In How to Make Money with Real Estate Options, real estate expert Thomas Lucier introduces you to the low-risk, high-yield investment vehicle that can earn big bucks even for small investors. Lucier explains what real estate options are, how they work, and why they are the tools of choice for thousands of successful investors. Step by step, he shows you how to:
* Locate potential option properties using the Internet, want ads, and "bird-dogs"
* Contact and negotiate with property owners
* Perform due diligence and avoid options pitfalls
* Prepare an option agreement that protects you
* Insure real estate options with title insurance
* Package and sell optioned properties for optimum profits


Packed with no-nonsense advice on how to identify the most profitable properties and manage every step of the option process, How to Make Money with Real Estate Options is a practical guide to one of the secret weapons of savvy investors.

Spis treści

LIST OF DOWNLOADABLE FORMS.

INTRODUCTION: Real Estate Options: What They Are, How They Work, and Why You Should Use Them.

PART I: HOW YOU CAN MAKE MONEY IN REAL ESTATE TODAY WITHOUT EVER BUYING ANY PROPERTY.

CHAPTER 1: Why Real Estate Options Are Less Risky, More Profitable, and Easier to Use Than Most Property–Flipping Strategies Being Taught Today.

CHAPTER 2: The Most Profitable Types of Properties to Buy Real Estate Options On.

CHAPTER 3: What It Takes to Be a Profitable Real Estate Option Investor.

PART II: FIVE REALISTIC STRATEGIES THAT YOU CAN USE TO MAKE MONEY WITH REAL ESTATE OPTIONS TODAY.

CHAPTER 4: How You Can Use Options to Make Money from Obsolescent Properties That Can Be Put to More Profitable Uses.

CHAPTER 5: How to Use the Lease and Option Strategy to Make Money with Single–Family Houses.

CHAPTER 6: How You Can Use Options to Profit from Properties with Correctable Problems.

CHAPTER 7: How to Use Options to Control Properties That Can Be Rezoned for More Profitable Uses.

CHAPTER 8: How You Can Use the LASH Strategy to Profit from Long–Term, Flat–Rate Master Leases and Real Estate Options.

PART III: A 12–STEP PROCESS FOR BUYING AND RESELLING REAL ESTATE OPTIONS.

CHAPTER 9: How to Use the Internet, Property Wanted Ads, Bird Dogs, Finder s Fees, and Direct Mail to Locate Properties to Put under Option.

CHAPTER 10: How to Perform Due Diligence on a Potential Option Property.

CHAPTER 11: How to Thoroughly Inspect a Property before You Buy an Option to Purchase.

CHAPTER 12: How to Accurately Estimate a Property s Current Market Value.

CHAPTER 13: How to Negotiate Low–Cost Options and Below–Market Purchase Prices with Property Owners.

CHAPTER 14: How to Prepare Your Option Agreement So That You Are Fully Protected during the Option Period.

CHAPTER 15: How to Use Title Insurance to Insure Real Estate Options.

CHAPTER 16: Why All Property Title Transfer Documents Must Be Held in Escrow during the Option Period.

CHAPTER 17: How to Close on the Purchase of a Real Estate Option.

CHAPTER 18: How to Clean Up a Property under Option to Maximize Its Curb Appeal and Resale Value.

CHAPTER 19: How to Package, Market, and Resell Your Real Estate Options for Maximum Profit.

CHAPTER 20: How to Exercise Your Option and Buy the Property.

RESOURCES.

ABOUT THE AUTHOR.

INDEX.

O autorze

THOMAS J. LUCIER is the President and CEO of Home Equities Corp., a privately held Florida corporation established in 1995 that specializes in the purchase, fast turnaround, and resale of small residential rental properties in the Tampa Bay area.