Surprise – with a proven process in place, you aren’t likely to spend more than 3 or 4 hours per week to realize the generous financial benefits that you gain with cooperative lease options. It takes a little more than that to run your business, but having a proven process enables you to turn over routine tasks to an assistant. Whether or not you do that is up to you.
You can fully run your cooperative lease option business on 3, 4, or 10 hours a week.
Cooperative Lease Options are the Right Place to Start
The Wealth Building Arsenal comes with all the materials you need to succeed with all of the residential options. For people just getting started, I strongly suggest you begin with the Cooperative Lease Option module. If you are looking to gain insight into the more advanced strategies and techniques, you can start with the more specialized modules in the Wealth Building Arsenal. These include Working With Realtors, Buying on Lease Options, and Selling on Lease Options.
All the materials, from A to Z, are included in the Wealth Building Arsenal!
Cooperative Lease Options are a great entry point if you want to keep your day job until the money starts rolling in or you have another reason why cooperative lease options are more suited as a very part-time side job. This pays so well that you can soon hire a part-time assistant so that you are only working at cooperative lease options for 3 or 4 hours each week.
An assistant takes care of routine tasks like preparing and placing marketing materials (you don’t have to have marketing materials – keep reading for no cost marketing methods). An assistant also drafts contracts and screens incoming calls along with other tasks like organizing paperwork and setting meeting schedules. Your 3 or 4 hours each week is mostly spent negotiating with sellers and finalizing the draft contracts before they are signed.
Everything can be done from your home. The course materials have all the details.
Sellers are Your Key to Cooperative Lease Options
The reason you spend most of your time with sellers is that they are critical to getting cooperative lease options started. It’s amazingly easy to place a tenant-buyer in a home. But you first need a home for them. You spend your valuable time explaining to the sellers how a cooperative lease option works and the many benefits in it for the sellers. You also spend time making sure the agreements are fair to everyone involved.
You want WIN-WIN-WIN agreements for the seller, the tenant-buyer, and you. It all begins as an agreement with the seller.
Marketing is Simple and NO Cost
So, where do you begin finding sellers who are ready for a cooperative lease option? The good news is that most sources for sellers are FREE! Let’s start with the fact that ‘marketing’ does not have to mean ‘advertising,’ nor does it have to involve advertising costs. Marketing simply means making potential clients aware of the services that you offer. There are many powerful ways to market to clients without spending money.
Almost every single-family home will do. I definitely prefer middle-income homes, with white picket fences. Just look around you, these are everywhere. Middle-income, white picket fence homes are what the vast majority of people live in, sell, and buy. But people also buy, sell, and live in small homes, mansion homes, and homes on acreage.
Every single-family home is part of your potential market!
Now, all you need to do is find owners that are ready to sell. Some of your best prospects are ‘For Rent’ (landlords with vacant rentals) and ‘For Sale By Owner.’ You’ll find these listed in every online classified advertising site such as Craigslist and local websites. All you need to do is call these people and talk to them. NO COST INVOLVED!
You can also drive around neighborhoods looking for ‘For Rent’ and ‘For Sale By Owner’ signs. Moving along, word-of-mouth advertising is the MOST POWERFUL form of marketing there is. These are also known as ‘Referrals.’ This is when someone personally recommends your cooperative lease option services to friends and family. It is more NO COST MARKETING that begins happening when you put together a few deals and even when you just get the word out by talking to others about cooperative lease options. People like to have options! All it takes is one person talking to another person. It’s more NO COST MARKETING!
TIP: When talking to a potential cooperative lease option client, ask that person if they know a friend or family member that might benefit from your services.
With experience, referrals often become half of your marketing leads. Those are a few of the best NO COST marketing methods you’ll ever find. More of these and Low Cost marketing is fully covered in the courses.
Always Operate With Integrity
You are starting out with cooperative lease options. With success and when the money starts flowing in, you will want to expand what you offer. You’ll probably quit your day job to do residential options full time. You’ll start doing sandwich lease options. You’ll start Working with Realtors. You’ll do some Subject to Existing Financing deals.
You’ll be working with the full Wealth Building Arsenal!
You must start with and always work with integrity. You’ll be mostly working in your local region. You’ll be working in local neighborhoods. You want strong word-of-mouth advertising. You want people to say good things about you. You want buyers to say good things. You want sellers to say good things. You want to make a lot of money. You want the WIN-WIN-WIN formula.
Cooperative Lease Options are the first step in the WIN-WIN-Win formula!
Drop me an email at: LIMITLESS OPTIONS
There will never be a better time than today to get started with residential lease options!
- Investing In Real Estate with Lease Options.
- Advanced strategies for Buying and Selling with Lease Options.
- Cooperative Lease Options.
- Working with Realtors.
- You’re Wealth Building Arsenal.
- Add Personalized Coaching.
- Expand to Get the Deed “Subject To.”
By Wendy Patton
For more than 30 years, I’ve used the Sandwich Lease Option System to earn myself and my students millions of dollars. From my experience, I know there is plenty of room and opportunity in the real estate investment market for everyone wanting to participate to find profitable deals. It’s because of that fact and my personal success that I share the Sandwich Lease Option System with others.
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