Listen "Deal Sourcing And Lease Options"
Episode Synopsis
One of the most powerful yet underused strategies in property investing is the Lease Option, a methodology that can give you income from a property before you even take ownership. In this episode, Shaz explains how to use this as a strategy, and also discusses why deal sourcing might be an alternative, viable way to raise cash for your business.
KEY TAKEAWAYS
Finding a viable deal and packaging it as a product to sell to an investor, is a fantastic way of raising cash. You can charge a fee for the packaged deal and even take a commission on what is earned.
A lease option means that you agree to take on the costs of a property on behalf of a landlord, with a fixed term set during which you can purchase the property for a set price. This means that you can essentially rent out the property at a profit and enjoy the capital gain on the property.
The stronger your network is, the better the deals you'll find. It allows you to get to know the players in the game alongside you, and make crucial connections that will allow you to pull the trigger on any deal that comes your way.
BEST MOMENTS
'Deal sourcing is a good way to get started'
'It's a nice entry way for somebody to get into property'
'This is a fantastic learning curve. You learn about what works and what doesn't work'
VALUABLE RESOURCES
[email protected]
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
Facebook
LinkedIn
Instagram
YouTube.
KEY TAKEAWAYS
Finding a viable deal and packaging it as a product to sell to an investor, is a fantastic way of raising cash. You can charge a fee for the packaged deal and even take a commission on what is earned.
A lease option means that you agree to take on the costs of a property on behalf of a landlord, with a fixed term set during which you can purchase the property for a set price. This means that you can essentially rent out the property at a profit and enjoy the capital gain on the property.
The stronger your network is, the better the deals you'll find. It allows you to get to know the players in the game alongside you, and make crucial connections that will allow you to pull the trigger on any deal that comes your way.
BEST MOMENTS
'Deal sourcing is a good way to get started'
'It's a nice entry way for somebody to get into property'
'This is a fantastic learning curve. You learn about what works and what doesn't work'
VALUABLE RESOURCES
[email protected]
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
YouTube.
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