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  • Writer's pictureKris Krohn

Invest In Real Estate With No Money: What Is A Lease Option

Can you really invest in real estate with no money? The lease option strategy is my #1 real estate investing strategy, and uses no money out of your own pocket.

In this 4 part video series, Steven Michael Miller and I dive deep into the lease option strategy. Watch us crunch the numbers and be sure to take notes!

Mark this video, you have asked and I'm finally going to do it, I'm going to break out as much information as I can for you on YouTube on how to successfully transact lease options. If you're looking for how to do real estate with no money and no credit and you want to do a deal in the next 90 days regardless of your age or financial situation, friends, that's what you're going to find. 

Now I need to ask a favor of you because I can't fit it all into ten minutes but what I can do is break it out in the next four videos and I'm bringing my business partner, Steven Miller onboard and the two of us are going to tag team and we're going to rock out your lease option world in these next four videos to show you everything from A to Z on how you actually successfully do real estate deals so in the next 90 days, you can take a check to the bank. 

Alright, if I get one more comment where you guys are like, "What is a lease option?" I'm like, that's it, we're going to create a four part video series and we're just going to give it all to you and we're going to lay it down because if anyone else has one more question that I'm like, "Kris you keep leaving this out, what do you mean by this?"

I'm like, alright we're going to create the definitive right now and it's going to start in this first video talking about what is a lease option, what are the numbers, and it almost makes me feel like rapping even though I'm white and I can't. Kick up a beat. Lease options, so cool, get in, learn the stuff, it's amazing. 

We will never do that again, that is never happening again. 

Alright, so redeeming qualities however is that we can teach you this.. - Kris, so we're talking about lease options and before we get into the how-tos and the marketing of it and the contracts and whatever, can we get into why they would want to do a lease option, like how does how does a lease option differ from maybe your typical rental.

Okay so, let's get it, most basic concept and real estate is buy a house, rent it and make money and you know that's a real deal, you can buy a house, you can rent it, you can get a cash flow, if you hold that house long enough, you'll eventually sell it for an amazing profit, you're going to get cash flow because the market is always what?

Going up. It might be going down and up, down and up but over time, it is always inflating and it's always going up so in time, you're going to get a great return. We're simply going to share with you an alternative today like Steven is saying of how you make a lot more money and today, we're talking about the 40K swing.

In other words, lease options at a minimum, on average, give you $40,000 more than a straight rental. So a lease option is best said in one of two ways, you might be familiar with rent to own. Well that totally makes sense. I rent it until I can own it and on a more sophisticated level, it's called a lease which is a rental agreement with an option to purchase which means, oh you mean I could get in this hole so I can rent it and then I could have the option in time to buy it? That's what a lease option is. 

Now these four videos are designed to go through everything from what is it and why are we doing it to how you buy one and market it to how you sell it and what are the contracts all the way to how you manage it and even purchase homes on these option with as little as no money, no credit so we're actually saying that regardless of your age and financial situation statue, credit position, anyone can go out and do real estate right now.

I challenge you in the next 90 days with what we teach, you can take this information and go out. So commit to watching all four videos and I want you to pull up pen and paper, I know you don't normally do this but imagine that class is in session and we're going to give you everything you need A to Z right now on understanding what a lease option is and our invitation is, go out make some money and comment below and, oh my gosh, I did it, it was so amazing, we want to see that from you.

So Kris, what I want you to do right now because Kris, I'll tell you right now. Those of you that don't know, you may not talk about this often, Kris is a numbers nerd. Wait. I'm a rapper. - Kris, no. He's not a rapper, he's a numbers nerd, he retires to his nerdery to crunch numbers like literally, you can see this guy going crazy, it's like, I'll stop there.  

Anyway, the point is what he can be right now and what I want you to do, Kris, is that when you take a home and let's just call it a, let's take round numbers, a $200,000 home, okay. So let's say you're going to take a $200,000 home, what I want you to do right now with the numbers is help them see how investing this two hundred thousand dollar home, and let's say you got it with a 15% equity position, can do that real quick?

So I got the home for one hundred and seventy thousand dollars, it's worth two hundred thousand, worth two hundred and it's like, how do I make maximum money on this? So what I want you to do is, I want you to be exactly separated, I want you go through a rental property if you were just to rent it and then I want you to talk about lease option with our system, what that would look like.- Alright, how's that? 

And this is what we're teaching you right now, this is exactly where to teach you. - So this video is what is the lease option and why the heck would I ever do it and then in video number two, we're going to talk about how you actually execute a lease option. So let's do this example.

I've got a home and let's just say that you had a house with thirty thousand dollars of equity, this represents a 15% position and so the first thing I'm going to do is, I'm going to go into my market place and I'm going to rent this home and when I go to rent it, I'm going to assume that I have a payment on this house where I'm going to rent it for $1,200 but my mortgage with all of my payments and everything is $1,000.

Now we're just using some round numbers right now, these may not be exactly accurate although I will tell you, he's got a pretty good mind for this. - And this is showing a $200 cash flow, if every month I collect $1,200 and every month I pay a $1,000, then every month I'm making $200, that's what gets people into real estate in the first place because that's your residual income.

So I'm going to have some profit here and in this scenario, let's assume for a moment that we're going to hold this home for four years. Okay so what could happen in a four year scenario? Well first of all, if I am collecting that money, I'm making $200 a month and most people rent houses for a year at a time, let's assume that I get a couple of repeats but I've got some vacancies, let's assume that I have one month out of the year vacant and let's assume that over the next four years so what that means is, I want to totally calculate here if you can pull out the calculator, Steven.

Let's actually break this down also and here's what I want you to do, the first thing that we need to understand is that there's going to be a cost of holding this home okay and so what we're going to do is, we're going to have a $200 cash flow for 11 months - Okay so 200 times 11, that's 2,200. - And we're going to hold this for four years okay and that takes a vacancy in a new account so multiply that by four.

Okay, so, 2200 times 4, that's 8,800. Okay so on my cash flow right here, we've got 8.8. - Whoops not exactly, yes. - 8,800 alright. I ran out of room we use K's, so that's $8,800.

However, I have some extra expenses that come up along the way on this property, remember I have to cover the $1,000 for one month out of each of the four years so that's $4,000 that I have and let's also assume that on my expenses, I've got $4,000 in vacancy, let's also assume that in repairs, let's say, I'm dealing with $1,000 a year so it's $4,000 in repairs and let's also say that I don't want to be a landlord so I have a property manager that costs me $100 a month so $100 times 12 months is $1,200 times 4 is $12,000 times 4 is $48,000 - $48,000 dollars in property management so I take $4,000, $4,000 and $4,800, that's total expenses of.

Yeah that's $12,800 - okay so look look out the gate here, I've got $8,800 that is, that looks like it's working out well for me but it's cancelled out with the $12,800 which means I am down for grant.

I held the home for four years and I've already shelled out $4,000 more out of my pocket for holding this. 

However, let's just say in the next four years that the market actually goes up and my home is valued at two hundred and ten thousand dollars, okay, what's 6% of $210,000 cause now I need to do my realtor fees. - so that's $12,600 and let's throw a couple thousand for some sellers concessions, let's call it, let's round it up, I got $15,000 in those fees for realtor and closing costs and now it's time to figure out how much money did I really make on this.

Well we owe 170 and that they're using 170, 210 is $40,000 so if I have $40,000, now we need to subtract from that, the net difference here of $4,000, subtract the $15,000 realtor fees and then don't forget that you've got to put, you got to get it in four years up to market speed, let's also assume that you've got $10,000 in repairs.

That equals $11,000. - Okay by the way, I added a 1 here so $14,000 repairs. So how much is it? - That's $11,000. - Okay so in this scenario, I wish had a different color here, we're going to say that I made $11,000 game. Now just check that out for just a moment, I bought a house, I owned it for 4 years, I did get tax advantage and at the end of the day, I made $11,000 and depending on what my down payment is, I could calculate what my ROI is.

Right now we're just going to look at this big gross number and now we're going to do the fun magic of what happens with a lease option. When I'm actually doing, Steven, if I stand on this side, I can't write like this. Switch. Alright, so let's do the same thing. Now instead of renting it for $1,200, it's a lease option so what I'm actually doing is, I'm actually going to be renting it for $1,400 a month. So I'm going to say rent is $1,400.

There's a reason why we're able to rent it for a little bit more, we're actually helping people build equity in the property - There's people out there that want to get a house and the banks have shut them down saying, your credits not good enough, your job's not good enough, there's so many people, there's a massive margin for people that want a house, can pay for a house and the banks say no. 

So we're gonna charge more and on top of that, I'm also collecting a non-refundable downpayment and the down payment on this, we're just going to say it's one of the more typical homes, let's call it $5,000 so I'm making my extra 5 G's right up front on that but I've held it for four years and sometimes the family that's in the home doesn't buy it because they needed the flexibility to get out, half the time that happens, half the time it doesn't so we're going to stay here with our average numbers that it happens twice so over that four years, we're actually going to collect that $5,000 twice, it's $10,000 that we've gained up front on that.

We now have calculated a higher rent, we still have the same mortgage of $1,000 but our cash flow is way more juicy. Now, let's start looking at the expenses on this. First of all, we have the same thing on two vacancies so we're going to say that that our vacancies come to - so instead of four vacancies which is what this was, oneper year right ? Instead, we have only two vacancies. -S o on vacancies - so let's call it $2,000 - it's a $2,000 expense.


Okay, next on repairs, we don't have any. - There's no repairs. - Why Steven? - Well because in the contracts, we make sure that the tenants are actually taking care of all repairs. I understand, this is their home now, the way that we set it up, the whole conversation is about them buying this property so they're invested in it, they want to fix it up and they do so there's no repairs that are coming out of your or my pocket.

Okay what about property management? - Oh there's also little to no property management - because remember, they're self managing it, you don't have to pay someone a $100 a month to do all that, the check comes straight to you, it's self-managed. What about realtor fees?- Oh there's no realtor fees, you've got your buyer already built in. Guys, this is amazing, no more 6%, no more losing $15,000 in expenses at the end of the sale, it's all already built in. - So what you're saying is, let's calculate now our total cash flow. $400.

Now we are going to calculate two months of vacancy so I want you to go with first of all, 22 months, no, excuse me, 44 months. 44 months at a $400 cash flow, so 400 times 44 months equals seventeen thousand six hundred. We collected our $10,000 and down payments Okay now we do have $2,000 So we have our 10 and our 17 and so now what we're going to do with all these numbers are, we're going to start where we did before on this side. We have $40,000 gain from in four years selling it for 210 but we're into it 170, we're going to take that 40,000 and add 10 grand. - I've already done it now.

Add the rent, subtract that, what's the total number? - $25,600 plus now the $40,000 - For a total of what? - That's a total of $65,600. - Okay now just pause for a second. $11,000, $65k. Steven, what's sixty five thousand six hundred divided by eleven thousand? Sixty-five thousand six hundred - okay sixty-five thousand six hundred - divided by eleven thousand - divided by eleven thousand. That's 5.96. - In other words, that is a 5.96 times higher term. That is a six fold higher return. That is a $40,000 dollar gap in this situation.

The gap is actually fifty five thousand not forty in this particular example. So I just want to ask, how many of you watching this video are thinking, wow I don't want to hire a property manager. Me. How many of you are thinking, I want to actually push off all repairs and I don't want those expenses? Me. How many of you thinking, I'd love to get paid up front when I step into the house? Me. How many of you want double the cash flow? Me. How do you want to avoid realtor fees? Me. Why wouldn't you ever do a lease option? - It just makes sense. - It just makes sense.  

Now understand where we're about to head is, we're going to assume that you have a house and what we're going to do is, we're going to talk about what you can do to make maximum money on this house and in this next video, we're going to get into how you market it, how you show it, how you do it and by the time we get to the fourth and final video, we'll even show you how to buy a house on these option so you don't even have to potentially have money out-of-pocket, you don't have to use any credit so if you watch this four-part series, we're going to show you how you can transact all of your real estate in this amazing microcosm and do what I did, age 26 retired with the net worth of 1.6 million dollars that I kept on growing greater and greater and greater and friends, this is the foundation I built all of my wealth on, claiming that it is the single best strategy in real estate.

Can you see how this is least time, least effort, least risk, more profitable. This works in every market, buying single family below the median. Friends, this is the rock star way to go if you're just starting out and you're like, how do I play? Keep watching. Oh man, we're just warming up. Are you like so excited for the next video and it's like, okay Kris, now I understand why you love lease options. I now understand why I love lease options. Now how do I take it to the market? How do I take a house and start actually doing a lease option? Join us in the next video, I'm going to show you exactly how to do it.

Invest In Real Estate With No Money: What Is A Lease Option - Part 2 

Can you really invest in real estate with no money? The lease option strategy is my #1 real estate investing strategy, and uses no money out of your own pocket.

This is video 2 in this 4 part video series. Steven Michael Miller and I dive deep into the lease option strategy, discussing how you market a home to find the perfect lease option tenant, including why you need to make homemade real estate signs.

Welcome back to The Journey On Lease Option Land. Today, Steven Miller and I are gonna do an expose into the, how do I actually market a home to find the perfect lease option tenant. Okay, we are back. This is lease option part two. I've got Steven Michael Miller here with me. Woo woo. This guy is the king of lease options.

He's the first person that I hired. We know how to make this happen. And I'm telling you, if you're watching these videos saying, well, some people are telling me I'm too young or too old to invest, some people are saying, I don't have enough money. Some people say, I can't qualify with the bank. Get that outta there, Steven. Does that matter? It doesn't matter. It absolutely doesn't matter. We're gonna go deep right now and we're gonna help give you what you need to go into the marketplace.

I promise you, some of you are gonna take this knowledge and you're gonna get into the market and be like, oh my gosh, this is amazing. It totally worked. Alright. Now, by the way, one of the manuals that you can follow along with what we're sharing is if you click on the link, you can get access to my Real Estate Straight Path book.

It's actually in the description below. And if you get the straight path to real estate wealth, we're outlining a lot of the details on exactly what this looks like. What we're gonna do today is we're gonna cover marketing, which is we're assuming you got a house and we're assuming that you want to know.

Alright guys, I hear you. Lease option is way more profitable than renting. I got a house, what do I do? And remember to hang out for the fourth and final one because we're gonna show if you don't have a house, we're gonna show you how to buy houses on lease option with even as little as no money, no credit.

This stuff works. It does, it works. It rocks. It's amazing. So get ready, buckle in, we're ready to go. So I'm gonna talk about again, Chris said, let's assume that you already have the home. You, you found it, it's a great deal, it's got equity in it, and you're ready to sell this thing on a lease option. In other words, you're ready to hold on and maximize your profits to the very best that you possibly can.

In order to do that, you need someone to get into this home, right? So you gotta market it. Now, I know so many people don't like the marketing thing, right? Man, I'm not really that good of a marketer. No, I'm telling you right now. That's easy. You do everything that we say right here and right now, you'll be able to market your lease option like a champ.

So what Steven's gonna do right now is he's gonna drop picture of a sign. If you go and get a poster board, a bold, bright, fluorescent one from the Hobby Lobby or the local craft store, what he's gonna do is he's gonna put a message here that if you post this on the property, this is going to attract the right people.

Go to Home Depot or Lowe's and get yourself a, um, a a realtor stand. It's it's metal. It's a basic frame. It'll either say for sale or for rent. You're gonna wanna buy four of these. How many? Four. You're gonna want one that says for sale by owner. You want one that says for rent. And then on the other two, you're gonna create a homemade sign that you are going to slip on top of it, you're gonna laminate it, and that sign is actually going to attract all the people that you need for this house.

This works like magic. Now, as Steven makes the sign, you might be wondering, well, should I actually get a professional sign made? Remember that we're talking to a body of people that are out there in the marketplace that are saying, I've gone to a bank. It's now embarrassing.

Uh, I'm, I don't even wanna look at my credit. I had a couple of things that didn't work out for me and I, I don't know how to get a house, but dang it, I wanna stop throwing my rent money away. I want to get into a house and Steven is gonna show you a homemade sign that communicates to these people. We're not a bank, we're not a formal institution, but we do have your solution.

And that solution is called Rent to Own. I wanna, I wanna say two words here. And these are two words that we're gonna repeat over and over and over when we're talking about marketing this home.

We're talking about attracting the right kind of buyer for this home. These two words are things. So make sure you write these down. Hopefully you've got your pen and paper out. You've got your computer out, you're taking notes.

The two words that you're gonna want to use is flexible and open-minded, okay? You, you, right now, for all intents and purposes are the most flexible boom, the most open-minded person out there, boom. And they wanna work with you. And you've got this sign, like Chris said, this sign communicates flexible and open-minded.

This communicates, Hey, I'm just the average Joe that I, you're just gonna work with the average Joe, and I'm gonna, I'm gonna work with you, right? I'm not gonna, I'm not gonna push against you. I'm not gonna say, Nope, disqualified, nope, disqualify, I'm not gonna say that. I'm gonna say absolutely. Let's find a way because I'm open and open, open-minded and flexible.

So rent to own is what communicates the most basic concept, which is, listen, we know you want to own, we're gonna show you how you can rent. And in time own bad credit is okay because they're thinking, oh, they won't pick me. And you're trying to communicate.

We will, you're gonna put your phone number right here and then you're gonna say no bank qualifying, no underwriters, no 30 days of over qualifying you collecting pay stack paychecks and stubs and W twos and then running your credit and looking with the, and by the way, we do have a qualification system 'cause we want you to put the right family in.

But we're gonna show you the narrow gap where you're gonna succeed the most that you possibly can. And I won't tell you, don't deviate from this. Like don't try to get creative and make up your own sign that works.

You know, that you think might, no, we've tested everything. So just, just stick right to this. Now do you see this big fat marker? By the way, do you see how Steven wrote this? It's legible. As long as it's legible, fill it up from end to end and just a little tip for you.

Leave enough room on the side. 'cause what I would do is get, get it laminated. In fact, if I were to show you in a moment what those signs look like, you're gonna laminate it and then you take duct tape and you're gonna duct tape the front and the back and the top and this, and you're gonna duct tape it to one of those signs that fits on there perfectly. And boom, you are in business and you've already started attracting the right people. So let's talk about, let's move over here.

While Chris is drawing this up, I'm gonna tell you a little bit about this because what we're gonna go into right now is exactly where you want to place the science. This is the science of marketing, right?

Any, you all know that marketing is a science? It's a, sometimes it's a moving science for this one, it's not moving anymore. Like we have tested and tested and tested and this just works. So when you've got your home and you wanna place your signs out, there's a specific way to do it. Right now Chris has drawn up a, an wow, this is pretty good, Chris. This is a road. You're, you're autistic. We've got the house and the roof and is this a, uh, is this a a five seven pitch or is this a, this is a six 12 pitch. A six 12 pitch. Okay? Just make sure, and this is, this is important.

We've got the pitch of the roof, okay? This is a mailbox. A mailbox and my flag is up. So what you wanna do is you wanna actually have five signs. Now I didn't stutter. Okay? Five signs. Steven, is that kind of obnoxious? That's a lot of signage. It might be a little bit obno obnoxious, but this is marketing and the, the whole goal of marketing is to attract the attention of as many people as you possibly can and then funnel the right ones to you.

Right? This is the whole purpose here. So what Chris is drawing up here are these five signs and where you're gonna place. And now I wanna tell about, I wanna tell you about the five signs. Okay? Three of them are gonna be like what I drew here. Lemme just real quick, just to remind you, three of them are gonna look exactly like this.

Take a picture. Okay? Kodak moment, it'll last longer. Screen capture right there. Three of 'em are gonna be just like that. One of them is gonna be a four rent sign and one of them is gonna be a for sale sign.

Now why would you want to put a for sale or a for rent sign on a home that you are decidedly going to be doing a rent to own on or lease option? It's quite simple. You wanna attract the most people. Is it possible that someone driving by may see your home and see the rent to own sign?

Have no idea what that really means to them. 'cause they've never experienced it before. But they do wanna rent. And if they had a conversation with you, you could convince them to do a rent to own. Absolutely. I don't know any renters, by the way, Chris who want to stay renters forever, right?

If you're renting a home, chances are you want to eventually buy at some point. So give them an opportunity, get 'em to come in and have a conversation with you with the four rent sign and then teach 'em about the rent to own.

Some people are more open to wanting to buy, so they wanna see them for sale. Absolutely. Some people wanna rent and others will see the rent to own. And so if you look at, there's four signs here. 1, 2, 3, 4, 5, 5 sides, three rent to owns.

This one is on the street. Uh uh, this one is also on the front of the property. This one is in the window. All three of the same sides. Wait, we, we've got this backwards and then one says for rent and one says for sale. Yes, but these are actually here and the rent to owns are actually out here.

Steven, details, it's, it's been a little bit Chris, it's . Look, lemme try this one more time. Right? Rent to owns. Rent to owns are these outside ones and this one on the house. So basically what we're saying is if they see this sign, but they come over here and walk over here, they're gonna figure out how to get into the house and they're gonna walk around the back.

They're gonna see this sign and it's gonna be awesome. Do we wanna redo this Uhuh? We're just gonna skip it. You guys got it right? They're they, you got it. Watch our lips. . Okay, now Steven, these people, all of a sudden they call you up and what are you telling these people? Now you're gonna wanna play this one back and just get a little scripting on this. Steven, I'm calling you up. Let's role play it.

Okay? Fantastic. Hey, I'm calling about um, your rent to own. Oh, fantastic. Which, which home did you drive by on? Well, you took my lid. Oh good. My pen's drying out. . Um, yeah, it's the home rate hunt 800 South. Oh, absolutely. It's a wonderful home. Tell me, what's your name? My name's Chris. Chris. Excellent. What are you looking for exactly?

Well my, we've just been in a situation where we're looking to move and I don't know maybe exactly what rent to own means, but it sounds better 'cause we actually want to be able to get into a house. Yeah. And we haven't been able to can, so what does that program look like? Great. Well what kind of bedrooms and bathrooms are you looking for? Well, we got four kids. So four kids. We're actually looking at like, maybe like a three, four or five bedroom home.

Okay, great. And uh, you know, is there anything in particular that you're looking for in the home? You know, honestly just, just a good safe neighborhood. I like the neighborhood that that house is in. It looked really intriguing. It looked like a nice house.

Chris. I think that this actually may be a great house for you. I'll tell you what, um, I don't have the numbers with me right now, but I am gonna be at the home next Thursday evening at 7:00 PM I'd love to meet you there and if you could bring your wife as well, I'll go over all the numbers and tell you all about the home there.

And I've actually got a really amazing program where I work with people saving them thousands and helping them build towards equity and buying the home. Um, can you meet me there? Uh, Thursday night at 7:00 PM Thursday at seven Works.

Chris. Wow, thank you so much. I'll see you there. Okay friends, it's super easy to take these calls and when people call on these signs, what'll end up happening is you wanna drive them to what we call an open house.

Now you're gonna wanna show the house a couple of times a week and you want to have other people all at the showing. So put it out two or three days in advance. Saturday morning by the way, is always a hot ticket because Saturday morning a lot of people, that's when they wanna go house hunting.

So you might do something in the evening on a Tuesday, Wednesday, Thursday, and then you might also have a Saturday. And if you have lots of people calling like crazy, have more open houses. If you have low traffic, we'll talk about what to do there. You drive 'em all this Saturday because you wanna have 2, 3, 4, 5 families all at once showing up at this open house.

Friends, if you market your lease option this way, I will tell you right now, the phone will ring you will get people to the open house and you'll be in an awesome predicament, which is having a lot of buyers for your one home.

Okay, real quick. Bonus opportunity. You want to go into the classifieds, go to your local Craig Craigslist, your local KSL's classifieds. Um, you want to just do some research on where people go for looking at real estate and make sure you post an ad there. So you wanna say house on this address, 800 South rent to own super flexible options. Call me. It's basically this same message with a little bit more saying, call me so that you can get some more information about that.

Post it in as many places 'cause you'll get phone calls from people driving by and you're also gonna get, uh, in the help wanted ads. The real estate wanted ads. You're also gonna get some people there as well. What's up Kaiser? How you doing bud? How sir?

Hey honey, I'm, you see that camera wiped to the people. You're now famous. Just kidding. Um, I'm, I'm actually shooting a video right now. Can you go play with Mom? Thanks .

Dude. Appreciate it. Alright.

It's a real house and there's real people in it. . And that's my, that's my number two. I got four kids. Steven, you got seven. Seven. So I beat 'em again. . So yeah, 'cause it's a race. Pushups. Steven's got extra liabilities. , I call 'em assets, right?

They're they're gonna be paying all of 'em. They're gonna be paying for me when I'm, when I'm done and done. Alright, , they're assets. Alright, so we're, we're all wrapping up here with, with, uh, our marketing of the home.

And I'll tell you right now, if you follow the system that we just talked about, make your signs, put 'em on there, you will start to receive phone calls and you're gonna be in an awesome predicament, which is you are going to sell this property to an amazing qualified buyer. In the next video we're gonna talk about what do you do at the open house.

We're gonna talk about how you qualify people. We're gonna talk about how you make a decision on who you wanna put in the home. And then we're gonna talk about what you do for contracts. And at that point, you're just about wrapped up.

You're ready to collect your down payment of 3, 5, 7, $10,000. You're about to step into that amazing cash flow and you're about to be a real successful, amazing investor. Getting ready for, how do I do it again?

I guess you could say things are getting pretty serious. I mean, look at all the information we are dumping on you, and yet you need to come back and watch part three. You know why? Because we're actually gonna talk about how you do an open house. We're gonna talk about how you actually find the perfect tenant, qualify them, get them in the house, collect that first check. It's gonna be total awesomeness.

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