Kim and I are hosting 3 FREE Advanced Creative Deal Structuring classes. The focus is Options. This is Class #1. Here are the questions we answer in this video:
• What is an Option?
• What makes Options such a powerful, creative deal structuring tool?
• Who will give you an Option and why will they give it?
• How can an Option capture a property’s appreciation, amortization, and/or cash flow even though you DON’T own the property?
• What’s the best way to secure an Option?
• How do you exercise an Option?
• How do you sell a property using an Option?
• How to you buy a property using an Option?
• What happens to most Options?
For those who understand Options, Options are not only a valuable tool in almost every real estate transaction, but quite often, they are the BEST tool among all the tools that are available to creative deal makers.
At the same time, Options are the LEAST understood and LEAST used tool in creative real estate.
In these uncertain times, and with many uncertain deals, it may be best to avoid Deeds and Mortgages and instead use secured Master Leases and Options!