Lease-Purchase America!

I found Lease Purchase America very helpful and informative, and the concepts worked for me. I bought a real estate investment course which talked about the concepts of a lease with option to purchase, but there were still many gray areas left untouched. After reading Lease Purchase America, I was able to work out a deal on a four- family and get it with "no money down" (well, there was some money exchanged, but it came from my credit card in the form of the option payment, which the bank never knew about because I took out the mortgage loan a year later). I had the seller raise the price a little, and got a 50 percent rent credit. (The seller had to pay a little more in capital gains, but he still got full asking price--and without any real estate commission.) Since then, using the techniques, I've lease optioned a couple investment properties to others, getting full asking price. Ross explains lease options in simple detail for those getting started, and has many good ideas contained within his book; it really covers the nuts and bolts of buying and selling small properties with lease options. The only major problem with the book is that if you lend it to an investor friend, you might not see it again. (I'd give it 5 stars, but nothing is perfect.)

I have spent thousands of dollars on dozens of books and home study courses on how to get rich in real estate. I have found that the concepts and methods in Lease Purchase America are by for the simplest and easiest I have ever tried. I read the entire book in just a few hours and applied what I learned the next day on a property I had already made several offers on. I've made more money in three weeks than I had made in the previous year. Lease Purchase is now my full time business and I will never buy propeties any other way again. Everything I needed to know was in the book including a word for word presentation for buyers and sellers. The only way this does not work is if you don't do it. Thank you John Ross.