In our last post we went through some definitions and other preliminaries about Options, who the players were, etc. To better understand the power of Options let’s discuss some case histories. Now in a previous series of posts (see the Eddie Nivens story) we talked about doing Lease Options with Shared Future Appreciation between the Optionee and the Optionor...
Much is written and said about making money with options by Stock Brokers, Commodity, Gurus, etc. They don’t know a thing about a much more profitable, SAFER, way to invest in options. That way is buying and selling Real Estate Options. Almost anyone, with a little coaching or training, can invest in Real Estate Options with VERY little money and reap big dividends with minimum risks...
Well, almost everybody. All of the following are Options: 1. Putting down a deposit for a seller to hold something for you that you can buy later. Example: You put down a $500.00 deposit for the dealer to hold a car you really like for 60 days, giving you time to arrange financing or come up with the balance of the purchase price...
“Introduction To Options”: The least expensive and most powerful way, that I know of, to control a property without fully paying for it is to use an option. What is an option? An option is a unilateral agreement between two (or possibly more) parties wherein the OPTIONOR (the owner/seller of the property that is the subject of the option) has agreed to sell the property with a certain price and terms, to the OPTIONEE (the prospective buyer of the property) as some time in the future...
I came across an excellent passage from "The Millionaire Next Door", by Thomas J. Stanley & William D. Danko recently: "Most people have it all wrong about wealth... Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high...
