Jonathan RexfordFL

Chris, He has not responded. Please understand I did not send him back his stuff. I just removed his name and replaced it with IDIOT and so on. The email I sent was the following: 1. YES 2. SOME UPDATING 3. $125,000.00/$105,000 4. $135,000.00

I have a property available for lease option. Now it clearly states it is a Rent to Own. I get my fair amount of SPAM from there from other investors, doing email, voice blast and text messaging....get this...do I want to do a RENT TO OWN. Come on people read the ad or have your assistant read the ad. But the one below really sparked my interest. Well I did fill it out. Gave him some good answers to see if I will get an email back or something. I have a property worth 135K that I would sell for $105K or lease option it out for $125K which is what I am currently asking. But I just had to laugh at the information below. Maybe I am just tired of CL. Hello, my name is IDIOT and I am inquiring about your property for rent. I would like to ask you if you could take a couple of minutes and answer the following questions. THIS IS NOT A SOLICITATION, (LIE) I am an investor simply interested in your property. Again, it would be greatly appreciated if you could answer the following questions and send them back to me. 1. Have you considered selling it? .... If so 2. Does the property need any repairs? 3. How much are you asking and is this the lowest you can go? 4. How much do you think it is worth? You may email me the answers to these questions at: nocommonsense@noemail.com Sincerely, mr. idiot

Well maybe I can shed some light. Since most MLS systems are governed by a board and they set rules on what can be listed on the MLS as far as the LEGAL TITLE owner of the property as it is in our MLS. Now you can list in most cases but you need to speak there language. "Lease Purchase" not "Lease Option". Some areas you can have the legal title owner sign the listing along with you as the add on. At least that would be the way I would handle it. But personally I would not list as most buyers look on MLS to buy. Now you could list it for Rent and place in remarks for RTO....

Actually I thought the article pretty interesting. What is better is the SEO work he is going to get from that article alone. The use of his KEY WORDS was placed in the right place. Sure it does have some changes, but I thought his explanition was pretty darn good. Personally I think I would fall asleep reading it all. As matter fact it is time for bed.

I have know problem letting an attorney to review the documents. Heck you can even go to my website at jonsellahome.com and see a sample lease and option agreement. But mostly if they want to have attorney to review it. They have a hidden objection. It is up to you to find out what it is. I will read through the documents with seller or tenant buyer. If they want an attorney to review before signing, then ask what they did not understand. If it is legality then ask them what part of the agreement they do not understand they think is illegal. The last thing is you want them to sign. Then stand before a judge and say HEY THEY DID NOT LET MY LAWYER LOOK AT IT! Guess who is going to get it. Now on my website I do have the watermark. But for 3 bucks and an overnight shippment to ODESK I can have it retyped and formatted into MS WORD, just what BEV said.

Deed the property to the BUYER on 12/5/10. I am assuming you have the 1500 to buy it. Have your investor excute a mortgage and note for the balance. Record the note and mortgage. Have the investor pay for it. You can also have the investor execute a Quit Claim Deed. Just don't record. I would record the note and mortgage.

This is what I have been doing for the last week. I for one did not like doing it at first. But I finally got a system down for my area. Everyone seems to be texting, email, voice blast. I have my own home that is on craigslist and I get the same information. What made me change was first the idea of texting. I figure that some people may get ticked off to be texted "Hey I seen your home on Craiglist. I was wondering if you would sell rent to own. xxx-xxx-xxxx" I bet I get this type of message a few times per week. The Voice blast is similar. Not so much on the email though. So my thoughts was that if a lot of people were getting the same message and people are saying..."YEAH RIGHT" why not do something different.....now here is my secret. I am actually picking up the phone and calling people. This last week there have been a post or two on this idea. It is simple. I pull my leads. I plug my headset into SKYPE and start working. My critera is simple 3 bedroom homes $795-$1,200 per month NON LISTED PROPERTIES Calling FSBO's 3 bedroom homes $80K-225K HTH

Go back and get the details of the home. A couple plays here: Subject to: to you and lease option Subject to: to you and then you wrap it. Subject to: to end buyer...either investor (flip it) or retail buyer Take an option on the property and you can do all the above or find an end buyer to retail it to. Buy it all cash for 50% of value or what ever your idea is.

Short Sales mostly. We just dropped 5 into the hopper today. Cooking about a dozen other offers. Got to wait until they get done.

Baron, I think you may misunderstand. I am the type of guy that doesn't approach a seller with a "Just one way" to do the deal. Sure lease option, option, sub 2, owner finance, assignment, short sale, wholesale..etc. All these have a hole to go into a deal. The each lead that comes in the funnel. I try to approach each deal on the idea that I am going to make money somewhere. Back in 99-2000 when I started using this form of advertising, I got buyers who though they could not qualify for a loan. Well when I got them into the office and showed them they could it was a different type of buyer. OWNER FINANCE is just a lead generation tool. Yes I do have houses that I owner finance. You can see them on my website at http://www.jonsellahome.com they are either lease option of agreement for deed. Most of the properties we move before they get to the website and that is because of my buyers list. Now I don't do many of these Lease Option Flips AKA CA's and I have said many times here on this website that I have not. It is not that I am really trying hard. Basically when you pin point your marketing for a specific niche you are leaving hundreds of thousands of dollars on the street. The goal of any investor should become a Engineer of Transactions. HTH.

I always identify anytype of TERMS owner finance. Meaning that if it is a Lease Option it is OWNER FINACE in my world. Remember it is a set of TERMS. If it was a pure option then I would make sure that my agreement had some type of owner finance terms that I can carry over. This ad/sign is a general lead generation, not as much as a specific property.

This sign has made me more money than any other form of advertising. Owner Finance 2&3 Bedroom Homes Problem Credit OK! 772-xxx-xxxx And here is the KEY...TAKE THE DARN CALL even tire kickers. I get so mad when I hear people talk about 800 or VM systems. If you don't want to take the call then hire a VA and have them do it.

#1 The Bible #2 The Power of Positive Thinking #3 2 Richest Man in Babylon #4 How to Win friends and Influence People By the way they are in that order. I read each of these books every year. Sometimes twice a year.

Excellent Steve

YEP

I did these videos for a friend of mine today who was trying to learn how to get a list, and mail it. Hope someone can use it. Remember I am as not as polished as some of the GURUS out there. List source Video http://screencast.com/t/fy2DnrNUE Excel & Click 2 Mail http://screencast.com/t/fKSfksxYqinZ Click 2 Mail http://screencast.com/t/KMq1KtErJs5

Go to dollar tree and get you a Foam Board 20x30 and a magic marker. You can handwrite the sign. If you cut the sign in half, you can get 15x20

I have posted this else where on the site. I get my list from listsource.com. You can create a free account. What I do is order owner and absentee lists from them in my geographic and demographic areas. Your demographics will help you to design the mailing you want. Let's say you want to mail a letter or post card to the following: Zip Code 1000SF or more Last sale date 10 years or more Year built This is my search parameters most of the time. You can even search subdivisions in that area. Cost per name is about .17 per name. I mail a FIRST CLASS post card for about .34 per card to include postage. If you choose to go to a yellow card it is a little higher .38 per card. So your first mailing for 1500 cards using yellow card stock is $825.00

When exploring new markets this is what I ask for from an agent. Have an agent pull 30 and 90 day solds per zip codes in the market place. Have them email it to you in excel. Go to staples and buy a program called Microsoft Streets and Trips. Export each zip code into a map. You will see where the housing trend is moving. Take the data from the excel and weed out all the REO and SHORT SALE. Look for stand alone transactions for CASH. See if there is a trend. Take a look at the financing. Is it FHA or conventional. If FHA then that can be a good area for the Lease Option biz. The above information takes about 10 minutes for a real estate agent to do. But it takes hours for you to review the information. When you have a GUT feeling about an area. That is the time to start driving the areas. Hope this helps!

Super cool. Be sure to check and be sure it does get delivered.

Some of those South Beach Babes!

Now here is what I do. When I get sellers that want to have there attorney look at the contracts. I say great. What I will do is to send you our Attorney Approved Packet for his review. It will have our company name on the contract, it will also have SAMPLE stamped as a watermark. Can you please do me a favor and provide me your attorney's name so we can fax or email the documents?

Steve, The video does help. In two ways. Sometimes people will get a personal view of the home and view the size and so forth and they also get to see me and how I work and so forth. The other thing is that it does add some SEO to my website in my local area.

Here is mine in order: Signs Craigslist Existing list I have one vacant right now. I get more junk email off Craigslist. I was browsing an ad and it STATED NO EMAILS because of junk email. He only took calls. I may adopt that.

This is the main reason to use a trust. It allows the tenant/buyer to buy the property. it is not judgment proof, but it does hide it as an asset. As far as losing the money. They would have to sue you. That will take about 10K in lawyer fees and a couple years. Ask me how I know that.....please don't...lol