Well today is the day we're going to dive into lease options. This is episode #3 of “Let’s Talk Real Estate Investing” and today’s guest is my friend and colleague Bill Walston.
Bill is a business and tax strategist as well as a full time real estate investor, a mentor and a coach. He is dedicated to helping people build their businesses and to live a tax deductible lifestyle. In today’s podcast we are going to talk about lease options, master lease options and exactly how you can buy apartment buildings using little or none of your own money down. Talk about valuable information!
Show Notes:
Here are just a few of the things we cover in this podcast:
- Why Bill chose lease options as his investing strategy, and why he likes this niche so much
- He will clear up the confusion about the two parts of this process – the lease and the option
- Exactly what the “MLO” or master lease option method of investing is; yes anyone can do it
- Why he prefers multi-family properties over single family properties
- How he finds his deals
- What types of marketing he does
- How he managed to purchase over 30 properties in just a few short years
- Exit strategies and how he decides whether or not he will exercise his option at the end of the term
- Bill also answers the question that so many folks want to know. “Can a beginner successfully do lease options”?
Episode #3 – Bill Walston
You can also listen on iTunes HERE…. And please don't forget to leave us a review.
Bill's Site
Be sure to check out Bill's sites Bill Walston.com and BillonBusiness.net.
If you want to schedule a 1 on 1 call with me to talk about specific strategies for building your brand and creating more effective marketing for your business, you can do that here by clicking this link.
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Hi Sharon, i’m in search of a blue print to teach me how to be successful in real estate. I want to learn the buy and hold, for cash flow.Please if it’s possibly would you be able to send me information on where to begin and what to read and learn.I’m very interested in apartments buildings. I really need to learn and do this because of my retirment benefits will not be up to par,plus a lot of people are depending on me,like grandskids,stepkids,and I would like to teach my adults kids to learn for their future.
Thank You
Dell – I sent you a message on linked in, but right here is the place to start. I really don’t recommend anyone start out with apartment buildings. First of all they take a lot of money. Secondly, you need to learn the basics first. You do that with single family homes. Start with my getting started section here. Watch all of the videos, and listen to the podcasts. Read everything. It would cost you $10,000 to buy all of this information at once.
Once you have done some learning, I have some coaching programs but you need to learn some basics. Be sure to subscribe so that you get updates as they come out.
Sharon