In a previous article we introduced you to the concept of O.P.P., or Other Peoples Property.
In that article we asked you what you would do if you found a business that:
- could generate multiple streams of income
- would work in any area of the country
- could be worked both locally and nationally
- could be worked both on and off the web
- would allow you to contruct
your long term net assessment of worth
- and, may be started either in your spare time or part instant
What we are talking about is a wonderful business that allows you to generate immediate cash flow and also build your long term net value.
So, what is this wonderful business. Lease Purchasing.
Lease Purchasing is a specialized niche in the field of Creative Real Estate, which allows you to control property without the trouble of ownership; and profit from this. Lease Purchasing affords wonderful benefits and opportunities to sellers, buyers, investors and those who would like to operate a home-based business. Lease Purchasing allows you to control property without ownership and this has benefits for all.
Lease Purchasing provides you with a variety of ways to build lots of funds
. Some of them are:
You generate money with the assignment fee. The assignment fee is the funds
you receive from selling a contract you have on a property. This will vary depending on the strategy you use.
You may also generate lots of funds
on cash flow. Cash flow is the difference between what the tenant/buyer pays you and the obligation you have on a property. You can also negotiate with the seller for a percentage of the positive cash flow, even if you are using one of the strategies in which you do not remain in the deal.
You can receive money at closing. When the tenant/buyer exercises the option to purchase the property, and if the deal is structured in this way, you may receive funds
at the closing.
You may create your own, high quality notes, which will give you a very nice monthly income.
You may flip a contract or sell a pure option to another investor and receive money in this manner.
You can consult with buyers and sellers. Sometimes the seller just doesnt want you in the deal or a buyer desire to do it themselves. In these cases you might
consult with buyers and sellers and show them how to do it. You charge a consulting fee to help buyers and sellers with the lease purchasing their property.
Every year, thousands of everybody get started building their fortunes in Real Estate. It is well documented that Real Estate is the worlds greatest wealth builder.
The niche of Lease Purchasing grants you the ability to reach your financial freedom, with O.P.P., Other Peoples Property. All it takes is the desire to overcome
, some time investment on your part and some specialized information.
As you can see, Lease Purchasing comes very close to being the Perfect Home-Based Business. A realistic first year income is $50,000 to $75,000 for someone working full time. You can add $20,000 to $30,000 to your present income on a part time basis.
Do not
you think you owe it to yourself to explore the potential of O.P.P.?
What are you standing around
for?
