Secrets of Lease Option Profits : Unique Strategies with Virtual Options . . . and More

by Shea, Jack; Warda, Mark

• ISBN13: 9781888699043
• ISBN10: 1888699043
• Format: Paperback
• Copyright: 2004-01-01
• Publisher: Galt Pr

Table of Contents

Preface	5	(2)
Introduction to Options	7	(10)
Part One - Buying Property Using a Lease Purchase
Reasons to Buy with a Lease Purchase	17	(2)
Tax Benefits of Lease Purchases	19	(4)
Sources for Properties	23	(4)
How to Prospect for Properties	27	(6)
How to Negotiate a Lease Purchase	33	(14)
How to Close the Lease Purchase	47	(4)
How to Exercise the Option	51	(2)
Legal Issues with Options	53	(6)
Part Two - Selling Property Using Lease Options
Reasons to Sell with a Lease Option	59	(8)
How to Find and Screen Tenants	67	(2)
How to Negotiate a Lease Option	69	(6)
How to Deal with Your Tenant/Optionee	75	(4)
How to Handle a Default	79	(2)
How to Close the Sale	81	(2)
Landlord Tenant Legal Issues	83	(6)
Part Three - Selling Property Using Contract for the Beneficial Interest and Other Creative Strategies
Contract for the Beneficial Interest	89	(2)
Other Creative Option Strategies	91	(82)
Appendixes
Appendix A Forms for Buying on Lease Purchase	97	(26)
Appendix B Forms for Selling on Lease Option	123	(40)
Appendix C Forms for CBI & Other Option Strategies	163	(8)
Appendix D Investor Resources	171	(2)
Index	173