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Episode Info

Episode Info:

In this week's Investor Success Podcast episode, your host Jim Ingersoll talks about using Lease Options to earn 5k to 10k with special guest, Jim Aydelotte

 Discussion Points:
  • What is a lease-option?
  • How to put a check into your account in the next 60 days
  • How to locate motivated sellers for lease-option deals
  • How to quickly screen for seller motivation in a couple minutes on the phone
  • What to do when you meet at the seller's house
  • How to structure lease-option terms:
  1. Equity of at least $20k
  2. Monthly net cash flow of at least $300/month
  3. Length of term at least 5 years
  • Exit strategy to a near qualified tenant/buyer
  • How to quickly find your tenant-buyer using Facebook garage sale groups
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