how to make money with real estate options_22

I hope that you heed my advice and avoid using the high-risk sublease-option

strategy, which I have written about here. Instead, use a low-risk lease and option

strategy, which involves buying a low-cost real estate option on an undervalued

single-family house that you can lease at a below-market rental rate. This way,

you not only save money on housing costs but also have the opportunity to profit

from the property's appreciation in value. The lease and option strategy provides

a relatively low-cost, low-risk way to gain control of an undervalued single-family

house, without having to incur the cost and financial liability that goes along

with outright ownership. And best of all, when you use the lease and option

strategy that I am writing about here, you do not have to become a landlord and

babysit tenant-buyers. All you have to do is move in and market the house to potential

buyers. In the meantime, you get all of the benefits of homeownership—

less the tax benefits—without ever having to:

1. Qualif y for a loan.

2. Pay a down payment.

3. Pay closing costs.

4. Pay for repairs.

5. Buy any property.

The lease and option strategy that I am writing about here involves two separate

transactions: a straight real estate option transaction exactly like the type that

has been covered extensively in this book and a genuine lease transaction in

which the:

1. Relationship between the parties is that of lessee (tenant) and lessor

(landlord).

2. Lessee has a leasehold interest in the property being leased.

4. Lessor agrees to maintain the property during the lease period.