Unfortunately, the current economic situation has made it challenging to buy houses with traditional methods; why not look into Lease Options, AKA Rent to Own?
Click Here to find out !
and in the words of Forrest Gump: "That's all I have to say about that...."
James Gage
www.JGage.com
Showing posts with label Lease Options. Show all posts
Showing posts with label Lease Options. Show all posts
Friday, October 15, 2010
Thursday, September 16, 2010
Breaking Real Estate News: Foreclosures
According to CNBC Foreclosures last month were the highest since the housing crisis began! What does that mean? It simply means that home values will take another hit to the downside and housing inventory will sky rocket, forcing those who are trying to sell their homes to either drop their asking price, stay put, attempt to rent it out or get foreclosed upon if they can not make the payments.
Is there any good news? Yes of course for those of us who are leveraged investors, and use the power of Lease Options and Assignment Strategies.
For a Free Subscription to my Leveraged Real Estate Investing Newsletter click here
Until next time be well.
James Gage
Is there any good news? Yes of course for those of us who are leveraged investors, and use the power of Lease Options and Assignment Strategies.
For a Free Subscription to my Leveraged Real Estate Investing Newsletter click here
Until next time be well.
James Gage
Saturday, July 10, 2010
Real Estate Investing: How to do a Title Search before viewing a property
Check out my video on " How to do a Title Search before you go to a property", find out the information you need before viewing a property: Click Here
Saturday, July 3, 2010
Real Estate Investing: Happy 4th of July
As we spend this 4th of July weekend with family and friends, let’s pause for a moment and think about what this Independence Day really means. As our country goes through hard times, let us remember that the sacrifices of those that have gone before us paid so we may enjoy the opportunities and freedoms which make this the best country in the world.
Happy 4th of July to you and yours, and don’t eat too much BBQ.
James Gage
Happy 4th of July to you and yours, and don’t eat too much BBQ.
James Gage
Thursday, April 15, 2010
Breaking Real Estate News: Foreclosures
Hello All:
I have some breaking news for you on the real estate investing front! Foreclosures for the first quarter of 2010 are up 19% according to CNBC!
You maybe asking yourself how can this be, when the stock market is rallying and breaking the 11,000 mark. Well, it’s simple! Most of the money coming in to the stock market is foreign money, looking to make a quick buck on this temporary stock market rally. Remember, also today we were told that unemployment unexpectedly increased – yeah right.
So what does that mean to you the investor? It means the 3rd wave of foreclosures I have been predicting is starting to come to pass. As always, in any cycle, there is opportunity to be found, if you just look. There will be more short sale, assignment and lease option opportunities for all of us to make a boat load of cash; if you know what you’re doing….
To learn how to benefit from this cycle, click here and sign up for my Free Newsletter.
Until next time, may all your deals be profitable.
James Gage
I have some breaking news for you on the real estate investing front! Foreclosures for the first quarter of 2010 are up 19% according to CNBC!
You maybe asking yourself how can this be, when the stock market is rallying and breaking the 11,000 mark. Well, it’s simple! Most of the money coming in to the stock market is foreign money, looking to make a quick buck on this temporary stock market rally. Remember, also today we were told that unemployment unexpectedly increased – yeah right.
So what does that mean to you the investor? It means the 3rd wave of foreclosures I have been predicting is starting to come to pass. As always, in any cycle, there is opportunity to be found, if you just look. There will be more short sale, assignment and lease option opportunities for all of us to make a boat load of cash; if you know what you’re doing….
To learn how to benefit from this cycle, click here and sign up for my Free Newsletter.
Until next time, may all your deals be profitable.
James Gage
Saturday, March 27, 2010
Real Estate Investing: Lease Option, Rent to Own
Hello All:
Hope this post finds you and yours in good health. Many have asked me when I have a discounted item from my real estate investing series available to let them know...
Rumor has it my Lease Option, Rent to Own Program which retails for $495.00 is on EBay for $197.00!!! Click Here to be brought to the EBay link to find out more information.
Be well.
James Gage
Hope this post finds you and yours in good health. Many have asked me when I have a discounted item from my real estate investing series available to let them know...
Rumor has it my Lease Option, Rent to Own Program which retails for $495.00 is on EBay for $197.00!!! Click Here to be brought to the EBay link to find out more information.
Be well.
James Gage
Tuesday, February 9, 2010
Real Estate Investing: Lease Options- Making Phone Calls
Lease Options: Preparing to Call Sellers In 3 Easy Steps
First you have to go through your newspapers, preferably 2 weeks old. Start with the houses for sale by owner, cross out any by Realtors (at least for now). Next go through the houses for rent. . Go online to the major FSBO sites and pull down homes in your area. Remember, with some of the changes these sites have made they provide bare bones information unless you sign up. To save time, just take down the telephone number if provided or address so you have a starting point to make contact with the owner.
Now you are ready to organize your calling. Go through the above lists; be sure you don’t have any duplications.
Check your database to be sure there are no duplications; if you don’t have a database now is the perfect time to start one.
Now you are ready to call, here are the 3 Steps :
--> Get your yellow pad and make up your headings of: telephone number, type of property, price, and notes.
--> Pull out your telephone calling script and start calling. If you get an answering machine, leave your message script for the appropriate type of property. When you get to speak to the seller, ask all of the questions in the script.
--> Remember, you want to build rapport with the seller.
In addition, by using your script you will get all your questions answered before you leave your home office to view the property. If not, you don’t leave your home office. Remember, your time, knowledge and energy are valuable commodities, you will not squander them.
Now you are on your way to making profitable deals, and it was easy as 1-2-3 !.
If you liked the information in this article about lease options, why not check out our Lease Option Home Study Package Click Here
First you have to go through your newspapers, preferably 2 weeks old. Start with the houses for sale by owner, cross out any by Realtors (at least for now). Next go through the houses for rent. . Go online to the major FSBO sites and pull down homes in your area. Remember, with some of the changes these sites have made they provide bare bones information unless you sign up. To save time, just take down the telephone number if provided or address so you have a starting point to make contact with the owner.
Now you are ready to organize your calling. Go through the above lists; be sure you don’t have any duplications.
Check your database to be sure there are no duplications; if you don’t have a database now is the perfect time to start one.
Now you are ready to call, here are the 3 Steps :
--> Get your yellow pad and make up your headings of: telephone number, type of property, price, and notes.
--> Pull out your telephone calling script and start calling. If you get an answering machine, leave your message script for the appropriate type of property. When you get to speak to the seller, ask all of the questions in the script.
--> Remember, you want to build rapport with the seller.
In addition, by using your script you will get all your questions answered before you leave your home office to view the property. If not, you don’t leave your home office. Remember, your time, knowledge and energy are valuable commodities, you will not squander them.
Now you are on your way to making profitable deals, and it was easy as 1-2-3 !.
If you liked the information in this article about lease options, why not check out our Lease Option Home Study Package Click Here
Monday, February 8, 2010
Real Estate Investing: Lease Options
Hello All:
I was asked today what is option consideration in relation to a lease option? Option consideration is the money you collect from a tenant buyer, usually 2%-5% of the agreed upon sales price, which is held outside of escrow, to secure the property. Option consideration is non-refundable and used against the remaining balance owed at closing. Many times proof of option consideration can be used when the tenant buyer decides to exercise their option and make application for financing!
For more information on lease options Click Here .
Until next time.
James Gage
I was asked today what is option consideration in relation to a lease option? Option consideration is the money you collect from a tenant buyer, usually 2%-5% of the agreed upon sales price, which is held outside of escrow, to secure the property. Option consideration is non-refundable and used against the remaining balance owed at closing. Many times proof of option consideration can be used when the tenant buyer decides to exercise their option and make application for financing!
For more information on lease options Click Here .
Until next time.
James Gage
Friday, January 8, 2010
Real Estate Investing: Why People Are Not Successful
Hello Everyone:
Here we are beginning another year of real estate, so this month's real estate article will be devoted to starting off on the right foot. We will examine exactly what causes people not to be successful in real estate investing - enjoy and be well.
Why People Are Not Successful In Real Estate
By James A. Gage
Have you ever wondered why most people are not successful in Real Estate or achieve very limited results? All Real Estate techniques and strategies have a learning curve, even Lease Purchasing, AKA Rent to Own which I believe is the only way to control Real Estate. That being said, after you have grasped the strategy or the technique you want to implement - what now! The easy part was learning about the strategy, now comes the hard part which is Negotiating the deal. You can go to all the seminars, buy all the books and tapes on Real Estate investing and still fall flat on your face or come out on the short end of the stick - costing you time and money.
OK, OK if rah rah seminars, boot camps and positive thinking don’t work, what does? What's the SOLUTION?
To read the rest of this article click here
Here we are beginning another year of real estate, so this month's real estate article will be devoted to starting off on the right foot. We will examine exactly what causes people not to be successful in real estate investing - enjoy and be well.
Why People Are Not Successful In Real Estate
By James A. Gage
Have you ever wondered why most people are not successful in Real Estate or achieve very limited results? All Real Estate techniques and strategies have a learning curve, even Lease Purchasing, AKA Rent to Own which I believe is the only way to control Real Estate. That being said, after you have grasped the strategy or the technique you want to implement - what now! The easy part was learning about the strategy, now comes the hard part which is Negotiating the deal. You can go to all the seminars, buy all the books and tapes on Real Estate investing and still fall flat on your face or come out on the short end of the stick - costing you time and money.
OK, OK if rah rah seminars, boot camps and positive thinking don’t work, what does? What's the SOLUTION?
To read the rest of this article click here
Thursday, December 24, 2009
Real Estate Investing Wishes
On behalf of myself and everyone here at Gage Consulting Group we wish to wish you and yours a Merry Christmas and a Happy Hanukkah.
As we rest and spend time with our loved ones and families, let's get ready to make 2010 the best year yet!
Peace be with You.
Jim Gage
As we rest and spend time with our loved ones and families, let's get ready to make 2010 the best year yet!
Peace be with You.
Jim Gage
Thursday, November 12, 2009
Real Estate Investing: Short Sale Time Lines
Hello Everyone:
I was asked a question yesterday and I thought I would share it with you. I was asked:"How long do short sales take to complete?" Wow! That's a loaded question...
But the answer is at least 3 months! I know that's not what you wanted to hear, but that's the truth! Be prepared to be in it for the long haul; that's why it is so important to have multiple deals in progress. If you count on one transaction to put food on the table, you might be losing a few pounds; if you have several deals in the pipe you will have a better chance of consistent cash flow.
Remember, you should always keep the lease option strategy in the back of your mind when dealing with pre-foreclosures...
Until next time be well.
James Gage
I was asked a question yesterday and I thought I would share it with you. I was asked:"How long do short sales take to complete?" Wow! That's a loaded question...
But the answer is at least 3 months! I know that's not what you wanted to hear, but that's the truth! Be prepared to be in it for the long haul; that's why it is so important to have multiple deals in progress. If you count on one transaction to put food on the table, you might be losing a few pounds; if you have several deals in the pipe you will have a better chance of consistent cash flow.
Remember, you should always keep the lease option strategy in the back of your mind when dealing with pre-foreclosures...
Until next time be well.
James Gage
Friday, August 21, 2009
Real Estate Investing in Florida
Flagler County Florida's unemployment rate rose in July to 15.9 percent, up from 15.6 percent the previous month, according to figures released today. Ouch!!!! Bet there are some great opportunities there for real estate investors . I'll let you know :-)
See you in Florida.
James Gage
See you in Florida.
James Gage
Thursday, August 20, 2009
Foreclosure News
Hello All:
Many have called a bottom in the real estate market, while others, not as bold have stated that foreclosures are decreasing! I have to respectfully disagree on both points! Last month their were 360,000 foreclosure notices sent out, so the the third wave,the term I have coined, is on it's way and we should see the effect by fall.
So, what does this mean for us that are real estate investors? Get ready to make some tremendous profits with my "kibble and bits" strategy...
Until next time - be well.
James Gage
Many have called a bottom in the real estate market, while others, not as bold have stated that foreclosures are decreasing! I have to respectfully disagree on both points! Last month their were 360,000 foreclosure notices sent out, so the the third wave,the term I have coined, is on it's way and we should see the effect by fall.
So, what does this mean for us that are real estate investors? Get ready to make some tremendous profits with my "kibble and bits" strategy...
Until next time - be well.
James Gage
Monday, August 3, 2009
Real Estate Tip of The Month Aug 09
I have a valuable tip for Home and Condo renters, and for individuals that do lease options.
Have a clause put into your lease and lease option contracts with the seller, which requires the Property owner to supply documentation to you monthly that proves that they paid the mortgage. By documentation I mean a copy of their mortgage statement. Also state that the Rent payment will not be made until the mortgage statement is received. If they do not agree to these terms, just move on to another landlord or lease option seller. A reputable landlord eager to rent their property will agree to this.
Note: In the case of lease options, if you feel that the seller might not make the payments; insist that you pay the bank or mortgage company on a monthly basis.
This is just a sample of the useful information you receive as a Gage Consulting Group Newsletter subscriber, why not tell others? They will thank you for it; direct them to http://www.JGage.com
Thank you in advance for your support.
Until next time, be well.
James Gage
Have a clause put into your lease and lease option contracts with the seller, which requires the Property owner to supply documentation to you monthly that proves that they paid the mortgage. By documentation I mean a copy of their mortgage statement. Also state that the Rent payment will not be made until the mortgage statement is received. If they do not agree to these terms, just move on to another landlord or lease option seller. A reputable landlord eager to rent their property will agree to this.
Note: In the case of lease options, if you feel that the seller might not make the payments; insist that you pay the bank or mortgage company on a monthly basis.
This is just a sample of the useful information you receive as a Gage Consulting Group Newsletter subscriber, why not tell others? They will thank you for it; direct them to http://www.JGage.com
Thank you in advance for your support.
Until next time, be well.
James Gage
Friday, July 24, 2009
Real Estate Investing: Radio Schedule
Hi all, I'll be on XM Satellite Radio tomorrow morning discussing lease options and how to use them for maximum profit. For more info follow the link - see ya in the morning: http://www.jgage.com/Real-Estate-speaking-events.htm
Be well.
James Gage
Be well.
James Gage
Monday, July 20, 2009
Real Estate Investing : Without Recourse
Hello All:
There has been a lot of misinformation circulating through the real estate investing community about liability issues concerning assignments of contracts.
My attorney had me add these two simple words about 5 years ago, they are “without recourse”, meaning, if the party I assign the contract to defaults there can be no recourse against me.
Be well.
James Gage
www.JGage.com
There has been a lot of misinformation circulating through the real estate investing community about liability issues concerning assignments of contracts.
My attorney had me add these two simple words about 5 years ago, they are “without recourse”, meaning, if the party I assign the contract to defaults there can be no recourse against me.
Be well.
James Gage
www.JGage.com
Tuesday, July 14, 2009
Real Estate Tip of the Month- July 2009
Real Estate Tip of the Month
Watch out when purchasing or lease optioning newer construction, say within the time frame of the last 5-7 years. Why? In a rush to fill demand during the housing boom, many builders cut corners and did very substandard workmanship! Now, these practices have come back to haunt home owner’s and sellers of both residential and commercial property in the form of expense repairs; in some cases repair costs surpass the current value of the property!
So what can you do as an investor or home buyer if you are debating purchasing or lease optioning a property referenced above? Make sure you get a good home inspection by a reputable company, and have an expert evaluate any areas of concern that the home inspector may note on their report. Remember, contrary to popular belief, the home inspectors job is just to give a general opinion on the shape and condition of the property, any “red flags” that he or she points out should be addressed by an expert in that particular field of concern.
You may want, if available in your geographical area, to purchase a home warranty on the property you are purchasing or lease optioning. These policies protect you, the owner, from footing the bill for major repairs or replacements of costly appliances in and on the dwelling. You can research via a search engine on the web, such as Google, and do a search under “Home Warranties”, and choose a plan that is right for your situation and budget,
Until next time – be well.
James Gage
Watch out when purchasing or lease optioning newer construction, say within the time frame of the last 5-7 years. Why? In a rush to fill demand during the housing boom, many builders cut corners and did very substandard workmanship! Now, these practices have come back to haunt home owner’s and sellers of both residential and commercial property in the form of expense repairs; in some cases repair costs surpass the current value of the property!
So what can you do as an investor or home buyer if you are debating purchasing or lease optioning a property referenced above? Make sure you get a good home inspection by a reputable company, and have an expert evaluate any areas of concern that the home inspector may note on their report. Remember, contrary to popular belief, the home inspectors job is just to give a general opinion on the shape and condition of the property, any “red flags” that he or she points out should be addressed by an expert in that particular field of concern.
You may want, if available in your geographical area, to purchase a home warranty on the property you are purchasing or lease optioning. These policies protect you, the owner, from footing the bill for major repairs or replacements of costly appliances in and on the dwelling. You can research via a search engine on the web, such as Google, and do a search under “Home Warranties”, and choose a plan that is right for your situation and budget,
Until next time – be well.
James Gage
Saturday, July 11, 2009
Real Estate Investing: Lease Options
Hello All:
Rumor has it, that my Lease Option Home Study Package is on EBay for $197.00 !!!! It regular retails on my website for $495.00, what a savings...
Here id the link : http://tinyurl.com/msf4ko
Be well.
James Gage
Rumor has it, that my Lease Option Home Study Package is on EBay for $197.00 !!!! It regular retails on my website for $495.00, what a savings...
Here id the link : http://tinyurl.com/msf4ko
Be well.
James Gage
Wednesday, July 8, 2009
Real Estate Investing & Facebook
http://www.facebook.com/home.php#/james.gage?ref=profile
I have a new fan page on Facebook. Join now. After you join, you can post pictures, ask questions of the group, and meet interesting people just like yourself!
When you go there, you will see that I have posted a lot of tips and stratergies on creative real estate investing.
And the best part is that I started posting secret discount codes there! These are codes to secret sales that are only shared with my Facebook fans.
Here is the link:
http://www.facebook.com/home.php#/james.gage?ref=profile
I'm actually online on Facebook right now. So, I'll see you there. Have an outstanding day!
Be well.
James Gage
www.JGage.com
I have a new fan page on Facebook. Join now. After you join, you can post pictures, ask questions of the group, and meet interesting people just like yourself!
When you go there, you will see that I have posted a lot of tips and stratergies on creative real estate investing.
And the best part is that I started posting secret discount codes there! These are codes to secret sales that are only shared with my Facebook fans.
Here is the link:
http://www.facebook.com/home.php#/james.gage?ref=profile
I'm actually online on Facebook right now. So, I'll see you there. Have an outstanding day!
Be well.
James Gage
www.JGage.com
Thursday, May 21, 2009
Lease Options: Preparing to Call Sellers in 3 Easy Steps
First you have to go through your newspapers, preferably 2 weeks old. Start with the houses for sale by owner, cross out any by Realtors (at least for now). Next go through the houses for rent. Go online to the major FSBO sites and pull down homes in your area. Remember, with some of the changes these sites have made they provide bare bones information unless you sign up. up.
To save time, just take down the telephone number if provided or address so you have a starting point to make contact with the owner.
Now you are ready to organize your calling. Go through the above lists, be sure you don’t have any duplications.
Check your database to be sure there are no duplications; if you don’t have a database now is the perfect time to start one.
Now you are ready to call, here are the 3 steps :
1. Get your yellow pad and make up your headings of: telephone number, type of property, price, and notes.
2. Pull out your telephone calling script and start calling. If you get an answering machine, leave your message script for the appropriate type of property. When you get to speak to the seller, ask all of the questions in the script.
3. Remember, you want to build rapport with the seller.
In addition, by using your script you will get all your questions answered before you leave your home office to view the property. If not, you don’t leave your home office. Remember, your time, knowledge and energy are valuable commodities, you will not squander them.
Now you are on your way to making profitable deals, and it was easy as 1-2-3 !
To save time, just take down the telephone number if provided or address so you have a starting point to make contact with the owner.
Now you are ready to organize your calling. Go through the above lists, be sure you don’t have any duplications.
Check your database to be sure there are no duplications; if you don’t have a database now is the perfect time to start one.
Now you are ready to call, here are the 3 steps :
1. Get your yellow pad and make up your headings of: telephone number, type of property, price, and notes.
2. Pull out your telephone calling script and start calling. If you get an answering machine, leave your message script for the appropriate type of property. When you get to speak to the seller, ask all of the questions in the script.
3. Remember, you want to build rapport with the seller.
In addition, by using your script you will get all your questions answered before you leave your home office to view the property. If not, you don’t leave your home office. Remember, your time, knowledge and energy are valuable commodities, you will not squander them.
Now you are on your way to making profitable deals, and it was easy as 1-2-3 !
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