Real Estate 101

Episode 145 is the 3rd installment on Creative Financing where I cover Lease Options and the myriad ways you can structure deals using these two agreements. I cover both how to buy and sell using Lease Options and dive into the 8 steps to buy when using Lease Options.

Lease - Right to Use Option - Right to Buy

Text the word 'investor' to the number 33777 to get more details and paperwork on this strategy

In America and much of westernized cultures, all of our training, from day one, drills into us to buy things to make us happy, to consume food-like substances that make us feel good, and to buy trinkets to act the part of looking affluent.

When buying a car, house, or boat we're shepherded down this path of making a decision based on "how much are my monthly payments." This is a consumer mindset.

This episode provides a quick update on how Paul scored his latest deal using last week's tip and then Paul breaks down owner financing into 8 simple steps so you can start making offers today!

You have got to shoot, otherwise, you can't score. Can you imagine watching a soccer match with no shots on goal or a basketball game where the teams never took any shots? Of course, it would defeat the purpose of playing the game. This is how so many investors play the game of real estate. They're afraid to take any shots.

I share my 10 steps to buying a property "subject to" the existing mortgage. This is a very useful technique if you aren't classically bankable or have limited access to funds.

I reference several documents and resources you can find by subscribing to my Freedom Foundry monthly membership.

I'm joined today with CEO of CapStack Partners to discuss raising money, explain what the capital stack in real estate investing is, and discuss opportunities in 2020.

https://www.capstackpartners.com/

https://www.linkedin.com/in/davidblatt-capstackceo/

I share feedback from your questions and make a birthday announcement about what I'm working on to help answer those questions.

In Episode 138 couples money coach Dan Hinz returns and he shares his advice on Money and Marriage.

I especially enjoyed his 3 Key habits any couple should develop in order to master their money.

Check out Dan's blog at http://adultingwithmoney.com/ or his YouTube Channel of the same name.

I'm joined by Dan Hinz of AdultingWithMoney.com who helps couples unite not fight about money and he is a savvy money coach but is new to real estate. So he peppers me with questions about real estate investing. Any busy professional who is curious about money is sure to find these questions relevant to their situation.

What does the new CDC order for an eviction moratorium mean for landlords in 2020?

Thankfully it's not as bad as it sounds but you do need to know who it applies to and what your options are.

The entire order can be found here

And here's a sample letter you can use that includes the CDC certification guideline with language include the potential 5-year prison penalty for falsification.