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EP. 27 | Lease Option 101
Manage episode 325524438 series 2999316
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In this episode of the Real Estate Power Play Podcast, hosted by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. Mark was asked by Gabe about the definition of Lease Option. Mark stated that a lease option is also known as a rent to own is a lease agreement with an option to purchase the property at any given date and time at a certain price point. Mark also discussed how Lease Option works in Wholesaling and how it was more known as “Rent to Own”.
In addition, the Real Estate Power Play Podcast, presented by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. Mark also talks about how the lease option is creative, flexible and works for everybody. However, Mark clears out that it’s best to try monthly cash flow coming in the passive income.
In this episode of the Real Estate Power Play Podcast, hosted by Mark Monroe, Ronald Walker, Marty Grizzanti, and Gabe Rodarte. Gabe gave a heads up regarding how there are things that you can or cannot say on Lease Option on different states since Mark is on the Florida Market, Marty on Upstate New York Market and Gabe on Texas Market. Gabe also stated that it’s best to reach out for legal advice whenever engaging in a lease option.
On this episode of the Real Estate Power Play Podcast with Mark Monroe, Ronald Walker, Marty Grizzanti and Gabe Rodarte talked about:
● Defining Lease Option
● What Rent Credits Are
● Purchase Contract
Connect with Real Estate Power Play Podcast Hosts:
Facebook: https://bit.ly/3mMZcAi
Mark Monroe: https://linktr.ee/markmonroe
Ronald Walker: https://linktr.ee/Ronniewalker
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