Lease Option Agreements | What Is A Lease Option? - YouTube

Channel: Samuel Leeds

[0]
hey what's up my name is Samuel Leeds
[1]
and on this video I'm gonna explain to
[3]
you what a lease option agreement is
[5]
this is how I've bought properties using
[8]
zero money and it's how I've actually
[11]
created most of my wealth through
[13]
properties so what is a lease option
[22]
agreement it's really really really
[24]
simple a lease option agreement is when
[27]
you buy a property now so you buy it
[30]
today but you don't pay for it for some
[34]
time down the line which is agreed
[35]
between you and the seller that could be
[37]
three years five years seven years ten
[40]
years now
[41]
why is lease option agreement so genius
[43]
the reason is is because if you buy it
[45]
now but pay for it in ten years well on
[48]
average properties double in value every
[52]
ten years but by the time you come to
[54]
actually have to pay for it it's doubled
[56]
in value on top of that in the ten years
[59]
not only if you gain from all the
[61]
appreciation of the property but you've
[63]
also benefited from the monthly cash
[66]
flow because you buy it and become the
[69]
landlord as if you own it today
[71]
but don't pay for it for ten years so
[75]
it's absolutely incredible you might
[77]
think oh my goodness but I've got a bite
[78]
in ten years no you have an option not
[82]
the obligation to buy in ten years but
[84]
the seller has to sell it to you if you
[88]
insist
[88]
that's how options work now the reason I
[90]
say I was created most of my wealth
[92]
through Lease Option agreements is
[93]
because when I started I didn't have any
[96]
money I didn't I couldn't get a mortgage
[98]
so I couldn't buy a property there were
[100]
so many reasons why I was unable and
[102]
unqualified to buy a property and become
[105]
a landlord and I didn't have the money
[106]
some of the main reason but I got into a
[109]
property via Lease Option agreements not
[112]
only that but now today I'm cashing in
[116]
on all these properties that are now I'm
[119]
releasing my right to buy them with my
[122]
option and and and now I'm buying them
[124]
for 30 40 50 percent below market value
[129]
so that's what a lease option agreement
[131]
is who can do one
[133]
anyone you can be bankrupt and do a
[136]
lease option agreement these work in
[138]
England but they also work in most
[140]
countries globally as well so I know
[142]
people are doing these in the state how
[144]
do you find people to pass you their
[147]
property on a lease option agreement you
[149]
find motivated sellers and tired
[152]
landlords that just their properties are
[154]
burden to them but for you it's an asset
[157]
because you are a property investor on
[158]
the property investors crash course we
[161]
literally find live properties and
[164]
sellers for people who be suited to do a
[166]
lease option agreement but you won't
[168]
come because you're a loser probably
[170]
sounds harsh but only 1% of people that
[173]
watch these videos actually take action
[175]
so prove me wrong don't be a loser don't
[178]
be a to someone else working for a
[179]
job forever you can take yourself out
[181]
the game and say I've gotta go oh I
[183]
haven't got the money or oh no no no
[185]
just take action come and meet me at the
[187]
property investors crash course believe
[189]
me after meeting meet for two days you
[191]
have any friggin excuses because if you
[194]
can buy a house on a lease option
[195]
agreement with no money pretty much
[197]
anywhere in the world like serious so
[200]
you're watching this video for a reason
[201]
so in the description get yourself
[203]
booked on to the property investors
[204]
crash course by the way I'm not the only
[206]
person doing these option agreements I
[208]
just had a guy who was in the Daily Mail
[210]
yesterday his name's Ian Patterson he's
[213]
bought 18 properties 18 properties with
[216]
no money on a lease option agreement
[218]
he's now worth 2.8 million that's that
[220]
his property portfolio 2.8 million he's
[223]
left his job he's in the newspapers he's
[225]
one of many many many of my students
[227]
that are buying properties on lease
[229]
option agreements this way using 0 of
[232]
their own money so do the same get the
[234]
knowledge implement I look for to seeing
[236]
you on the next video thanks so much
[237]
peace out
[240]
you
[248]
[Music]