Good points Neill. I would be nervous about AFS at that price point. With a sandwich lease, do you know of a way to protect yourself legally if the seller does end up in financial trouble and stops making the mortgage payments? I could see the tenant buyer (3rd party) taking legal action...

QUOTE (markl @ Jul 12 2010, 08:03 AM) Hi Andy, What type of return are you looking for? Are you using a tenant first model or a property first where you are upgrading the property before the tenant buyers come in? Price appreciation is hit and miss and a lot of people have their opinions...

3.3 acres of land located on the West side of Lake Koocanusa in Montana. This acreage features access to Lake Koocanusa! An easy stroll down the private driveway and through the forest service, you will find a beautiful sandy beach in a quiet bay. This access road is reserved for homeowners...

QUOTE (kboughen @ May 22 2010, 09:45 AM) I`m not sure how jseib is calculating this, but my experience is that the 1% RTO referral fee (often referred to as 100 Basis Points, or, 100 BPS) is typically based on the entry purchase price of property. When the RTO lead buys the property at the end...

QUOTE (jseib @ May 19 2010, 05:57 AM) For a high quality referral we are giving our brokers 1 point (1%) plus of course they get the mortgage on the property.. At the same time they process all our leads (without any pre-qualification, so they do a lot of duds to) Of course you have to be...

I can`t download any forms what so ever. I get this error message. Any solutions? IPS Driver Error There appears to be an error with the database. You can try to refresh the page by clicking here

Is anyone paying their mortgage broker a referral fee for a rent to own buyer that you put into a house? I was wondering if they should expect a referral fee and if so what is a fair dollar amount? I would send the rent to own buyer back to the referring mortgage broker to fund the mortgage...

QUOTE (jseib @ May 5 2010, 03:02 PM) Just a thought but was that starting price suggestion intended for houses worth that much? I could see if you had a 150,000 house and started at 75,000 but to create such a massive spread of 350,000 people really have to go back and forth a lot to reach that...

Thanks Terry for your insights! Brett, Is there something specific with the option and round robin sale (marketing, signs or ?)that we should be careful about or do differently to avoid being seen as acting as a realtor. Are there other quickturn strategies that are getting negative attention...

Hi Everyone, We got an option on a house in Priddis (expensive area south of Calgary) and did a Round Robin style auction based on the book "How to Sell a House in 5 Days" by Bill Effros 2 weekends ago. We could not find a buyer unfortunately, so we decided to share our lessons learned here and...

Congratulations on the deal! Good news that the AFS and seller financing works here in Alberta. Thanks for the update. Debbie

Thanks Thomas, Mark and Dave for your great suggestions! Glad to hear a concensus that older houses are great rent to own properties. Do you find that your tenant buyers do many updates or reno`s to the property before they actually purchase it? Unfortunately this seller changed his mind at...

I would appreciate input from someone experienced in rent to owns. I am wondering if the property I am looking at is suitable for a rent to own or if it would be difficult to find a tenant buyer because the property is dated although decent condition. It`s a 1/2 duplex in Queensland, Calgary...

If someone lives in Fernie or Cranbrook and would like a free seller lead let me know.

I have a seller lead in Carstairs if anyone is interested, it`s a pretty house cash sale and there appears to be some equity. Let me know if you want it and its yours!

QUOTE (MarkTorgerson @ Mar 17 2010, 08:01 PM) Hi Deb I have some places in Brooks. I would appreciate the information. Thanks! Hi Mark, I e-mailed you the info this evening. Good luck and let me know how it goes. Deb

QUOTE (marcp @ Mar 16 2010, 09:01 PM) Just curious, does the seller happen to have a Quonset with an inground pool on the property? Hey Marc...no the house is in town so there`s no quonset or pool. Deb N

I have a lead from a seller on a property in Brooks Alberta. Seller is looking for a quick sale and I believe from the info I have there is potential for profit but I am not familiar with the Brooks market. If you live in Brooks e-mail me and I can send you the info. Debbie

Hello, I have come up with several questions on structuring lease options and would greatly appreciate any advice. Here goes... -many investors allow their tenant buyers to exercise their option at anytime in the term. But if I have a fixed mortgage then I will incur a mortgage payout...