Find answers to common questions about our DIY lease purchase/option programs, products, and support options.
Detailed responses to your questions
Answers from experienced team member professionals
(*If needed, through our Membership Subscriptions)
*Lease Purchase (L/P) creates a binding agreement where the tenant/buyer must buy at the end of the lease term, with a 3-8%+ non-refundable down payment.
*Lease Option (L/O) gives the tenant/buyer the right, but not the obligation to buy, with a 5-12%+ non-refundable payment.
Both allow homeowners to generate upfront fees, and monthly income above the mortgage payment, while still maintaining ownership.
The average homeowner saves $25,000-$65,000 or more (depending on your home and it’s location of course), by handling their own lease purchase or lease options. This includes avoiding 3-7% agent commissions ($9,000-$21,000 on a $300K home), keeping 100% of the down payment/option fees ($16,000-$24,000 or more), and avoiding 12-14% property management fees on monthly income.
No legal experience is required to Lease Purchase or Lease Option of your own home, (please check this if you like, we want you to be comfortable. This is a legal way to sell real estate). Our contracts simplify the process with clear instructions that make paperwork straightforward. All contracts have been reviewed by real estate attorneys and successfully used in a lot of transactions. Although, “We Do “Recommend” you working with a local real estate attorney that can help provide the state-specific compliance guidance if any, and any needed legally mandated disclosure requirements, (if needed). Each State is a little different. We can help you find a (very affordable attorney/this is very affordable to do). A real estate attorney in your state of course. This is after Ebook and Course have been purchased.
Most clients find tenant/buyers within 30 to 45 days or less using our proven marketing methods. But, you would also need to keep in mind the state of the real estate market at the time you are interested in beginning. That makes a difference as well. Our course teaches you how to attract qualified candidates efficiently, with many homeowners finding buyers in as little as 30-45 days.
You lock in today's selling price (with future pricing/Calculations-Only if needed), with appreciation clauses and [built-in annual increases ~ Only with certain types of properties], that protect your investment during longer terms. This allows you to have income for 1-7 years or more while maintaining protection against market fluctuations.
Our 6-step financial verification system works effectively - 89% of tenant/buyers complete on-time payments throughout the term. If they don't complete the purchase, you keep all payments made plus the non-refundable down payment/option fee and can re-market the property.
Can I purchase individual modules instead of the full course?
Yes, modules can be purchased individually for $89.99 each (Beta pricing), or $112.99 (regular pricing). However, Modules must be purchased in sequential order, with No Exceptions. The Full Course at $899.99 (Beta)
We offer several support levels: Full Program Setup-(one-time service including tenant placement), Fee-Split Partnerships (Both available in Atlanta Ga Metro counties and some suburban areas. Working within other GA Counties and other States is a bit more expensive (depending on the home and the state and actual location). We also have Membership Subscriptions with 3 different tiers offering ongoing support and guidance.
A1] While we don’t offer a money-back guarantee, we’ve designed the course to give you flexibility and confidence in your learning journey. You can choose to purchase the course one module at a time — in exact order — to ensure it fits your needs.
A2] If you purchase up to 4 modules and later decide you’d like full access, we’re happy to apply what you’ve already paid toward the full course price. You’ll receive the complete program as it becomes available. However, once 5 or more modules have been purchased, the course must be completed one module at a time.
Great question! The way maintenance responsibilities are handled in lease purchase and lease option agreements is one of the things that makes this strategy so powerful for homeowners. In our course, we show you exactly how to structure these responsibilities to “greatly” reduce your out-of-pocket costs, and, keep your property protected. You’ll learn how to set clear expectations while still making the agreement attractive to tenant/buyers. *Within our Course we have a certain way to set up maintenance/repairs in the contracts, where you the homeowner will pay very little maintenance and repairs”. We walk you through this step-by-step — making it simple, smart, and stress-free!
Our course we include our comprehensive screening system covering credit history, rental references, income verification, (3x) monthly payment), assessing goals, timeline and more.
Our course we include our comprehensive screening system covering credit history, rental references, income verification (3x) monthly payment), assessing goals, timeline and more.
Our course includes a comprehensive screening system covering credit history, rental references, income verification (3x) monthly payment), assessing goals and timeline and more.
While the LP/O DIY approach gives you control, you have options. You can self-manage, you can use our LP/O Property Management services, or, you can choose our Full Program Setup, where we handle everything including tenant/buyer placement and ongoing management (if interested), this is *By Approval Only.