Lease Purchasing Minnesota

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

Cardinal Development Corporation
(952) 881-5461
8609 Lyndale Ave. S., Ste. 101B
Bloomington, MN
Base Management, LLC
(612) 332-6300
250 Marquette Ave., Ste. 200
Minneapolis, MN
Investment Management, Inc
(612) 349-2775
333 Washington Ave. N., Ste. B500
Minneapolis, MN
NorthMarq Real Estate Services, LLC - Bloomington
(952) 831-1000
3500 American Blvd. W., Ste. 200
Bloomington, MN
Garfield Clark and Associates, Inc
612-333-6688
250 Second Ave South
Minneapolis, MN
JGM Properties, Inc.
612-290-1037
1224 West 96th Street
Bloomington, MN
Colliers Turley Martin Tucker
(612) 341-4444
200 South Sixth St., Ste. 1400
Minneapolis, MN
CRESA Partners
(612) 337-8498
80 South Eighth St., Ste. 850
Minneapolis, MN
Hines Interests Limited Partnership
(612) 338-8250
200 South Sixth St. , Ste. 640
Minneapolis, MN
Jones Lang LaSalle Americas, Inc
(612) 217-5150
45 South Seventh St., Ste. 3051
Minneapolis, MN

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

Cardinal Development Corporation

9528815461
8609 Lyndale Ave. S., Ste. 101B
Bloomington, MN

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