Lease Purchasing Maryland

Learn about the world of lease purchasing and what some of the common beginner mistakes are. This informative piece looks into how to juggle a day full of work with closing a deal on a real estate property.

Local Companies

BASK Properties
717-830-2767
240 South Potomac St
Hagerstown, MD
The Forsythe Group
301-588-3484
1327 Fenwick Lane
Silver Spring, MD
Coldwell Banker Residential Brokerage
301-707-5833
1850 Dual Hwy.
Hagerstown, MD
Franco Construction Services, Inc.
410 771 4589
Sparks, MD
Franco Construction Services, Inc.
410-771-4589
16334 Yeoho Road
Sparks, MD
Gretz Group
(301) 601-7743
19851 Century Blvd
Germantown, MD
Spectrum Enterprises, LLC
410-902-6070
P.O. Box 314
Owings Mills, MD
Regus
301-571-9307
6701 Democracy Blvd.
Bethesda, MD
First Washington Management Inc
(301) 907-7800
4350 E West Hwy
Bethesda, MD
Long & Foster Real Estate Inc
(410) 544-4000
568 Gov Ritchie Hwy # A
Severna Park, MD

Doing deals with sellers is why you went into lease purchasing. We find the biggest problem beginners have is that they spend too much time going out to look at property. We teach our students that you do not leave the office unless you are certain there is a deal. Remember, you are not a realtor. You are not getting paid to look at houses all day, so you need to be sure before you leave your office there is a deal. The best way to do that is to ask all the questions when you do your telephone calling. We do it, and we expect our students to do so also.

To avoid wasting your time, look at your phone script and make it more complete. Add the questions that you need to ask so that you don't make a wasted trip.

When done correctly, the deals can very easily be assimilated into your normal work day. As you do your other work, you take calls from tenant buyers on your properties, give them the information on the particular property they are calling on, qualify them, get credit checks done, and show property on your time schedule, not theirs. Again organization and time management skills come into play along with re-vamping your materials to work more efficiently.

So, take a look to see what changes need to be made with how you deal with sellers, tenant buyers and working deals in your daily schedule. If you are unsure how to make changes ask for help. You can ask us, or someone else, just don't be afraid to ask for help.

Copyright 2002 DeFiore Enterprises

About the Author:

Interested in having your own successful, home based creative real estate investing business? Chuck and Sue have been helping folks start successful home based businesses for over 19 years, and we can help you too! To see how, visit http://www.homebusinesssolutions.com for the latest FREE tips and tricks, educational products and coaching in creative real estate investing and home based businesses. No time to visit the site? Subscribe to our FREE "how to" Home Business Solutions Digest, it's like having your own personal coach: mailto:subscribeHBS@homebusinesssolutions.com

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Featured Local Company

BASK Properties

717-830-2767
240 South Potomac St
Hagerstown, MD
http://www.BASKProperties.com

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Related Local Event
Free Introductury Real Estate Investing Class
Dates: 6/30/2009 - 6/30/2009
Location: Investors United School of Real Estate
Baltimore, MD
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