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Overview
Comments: Free 288 page ebook on lease options
Description
How To Create Multiple Streams of Income Buying Homes in Nice Areas With Nothing Down - Peter Conti & David Finkel
Best-Selling Author and Host of the 'Real Estate Answer Show' and 'Cash Flow Radio'
Purchase Option System reviewed by vhf031000
The book is all about a system they call “Purchase Option Investing.” It seems like a great way to get started in real estate. The book gives pretty specific techniques about how to go about doing it.
It is based on a system where (briefly): for example, you get a purchase option from a motivated seller for 4 years at the current price of $100K, your option price is $5k and the monthly payments are $800. You then go to a motivated tenant-buyer and you get them to rent the place for $1k with the option to buy the property at the future price of $120K in 2 years with an option payment to you at $12K refundable. You get $7k up front ($12k-$5k), cashflow of $200 per month ($1k-$800), and if the tenant-buyer decides to buy in 6 years, then you get $8k ($120k-$100K-$12k). This gives you a total of $29,400 in profits…in 2 years.
This book outlines in step-by-step detail the exact path you need to
follow to make a MILLION DOLLARS or more investing in real estate.
This 288 page book can help you create wealth, increase your income, and let you live the life you’ve always imagined.
And it doesn’t matter if you’re already investing in real estate or if you’ve never bought a property before.
Including:
- How to Create Multiple Streams of Income Buying Homes in Nice Areas With Nothing Down! (page 34)
-
The Four Pitfalls of Traditional Real Estate Investing and How Avoiding
Them Will Instantly Set You Up For Real Wealth As A Property Investor
(page 37)
- The Secret of Nothing Down Deals (page 47)
- How to Sidestep The Landlord Trap And Put Your Wealth Building On Auto-Pilot (page 54)
- The Secret To Creating Multiple Streams of Income Quickly (page 56)
- The Seven Reasons Why Motivated Sellers Sell (page 66)
- How to Find a Motivated Seller in Two Minutes or less! (page 80)
-
My “Stair Step” Wealth Building System: The Fastest And Most Powerful
Way To Get Motivated Sellers Calling You… Practically Begging You To
Buy Their Property on Terms You Set (page 90)
- The Fun And Easy Way to Develop Money-Making Relationships With Real Estate Agents (page 100)
-
The Instant Offer System: How to Get Sellers to Say “YES!” to Your
Creative Offers – Putting Even More Money In The Deals For You (page
104)
- The Magic Formula for
Getting Motivated Sellers to Admit Their Real Problems – This Gives You
All The Information You need To Close On A Deal Quickly, Bringing The
Best outcome For Everyone Involved (page 111)
- The 12 Steps You Need to Take to Find Your Hungry Tenant-Buyer — Fast! (page 129)
- The Four Fastest Ways to Advertise Your Properties (page 135)
- Splitting up the Pie: How to Know How Much Profit to Keep for Yourself (page 41)
- Seven Fun, Easy Ways to Make Up to An Extra $100,000 This Year Investing in Real Estate (page 156)
And Much MORE. Including:
How to Find, Close, And Structure Money-Making Purchase Option Deals:
With Real Life Examples of How Other Investors Have Done it (and how you can do it too!)
A good book for beginners
Peter Finkel And David Conti have since parted company on good terms and are each doing their own thing. They have authored a half dozen books and spoken at seminars all over the country. This book is a good intro to the basics of real estate investing. A good read to introduce yourself to the world of real estate investign and some basic concepts of how it all works. The book does lack in specific knowledge or specific implementation, but is a great introductory book for begginers or for those who have curiosity about real estate investing.