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12 Most Frequently Asked Questions About Lease Options

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Purchase Lease Options are a fantastic strategy that allow you to be able to take ownership of a property without actually buying it. in this episode, Simon talks you through the answers to the twelve most common questions people have about this way of investing.

KEY TAKEAWAYS

  • A Lease Option is a powerful tool that you can use to control assets you don't necessarily own. You enter into a contract giving you the right to buy, but not the obligation.
  • Lease Options allow you to try before you buy. You can rent out the property and ascertain the income you could expect, before you pull the trigger on ownership.
  • The strategy is an immensely flexible one that can be used in conjunction with other strategies, and aren't simply limited to new investors.
  • The two requirements needed in order to use a Lease Option are: the seller must be motivated but not required to sell, and that favourable mortgage conditions can be achieved.

BEST MOMENTS

'Many investors have heard of them, but don't know how to use them'

'The upfront option fees you pay come off the cost should you purchase the asset'

'You get to try before you buy'

'Lease options are absolutely where I would start'

VALUABLE RESOURCES

If you would like to join Simon on some no cost, live online training about Lease Options register here www.PLOtraining.com

To attend your first pin meeting as Simon's guest visit http://www.pinmeeting.co.uk/, find your local meeting, and at the bottom of the page where you normally pay £20, click on where is says "pay with a voucher code" and use this code: PODCAST. This will by pass the payment page and you can attend your first pin meeting for free.

Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi

Find out about the Global PIN Meetings at www.globalpinmeeting.com

To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20).

iphone:  http://bit.ly/pinAPP1

Android https://bit.ly/pinAPP2

Register at Mindset For Property at - www.mindsetforproperty.co.uk 

ABOUT THE HOST

Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32.

Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003 www.pinmeeting.co.uk.    pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors.

Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth.

Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book.

Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals.

CONTACT METHOD

Contact and follow Simon here:

Facebook: http://www.facebook.com/OfficialSimonZutshi 

LinkedIn: https://www.linkedin.com/in/simonzutshi/

YouTube: https://www.youtube.com/SimonZutshiOfficial

Twitter: https://twitter.com/simonzutshi

Instagram: https://www.instagram.com/simonzutshi/

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