Tag Archives: Low Cost Real Estate Business

Q&A: How is Link Options Recession/Crash-Proof?

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Question:“How is this strategy recession or crash proof? (For us especially! [Investors doing other strategies]).

More specifically: If the purchase price is $200k and 6 months later worth $150k, how do we get that to work? (I get that we’re out of it by then, and I can see that showing up.)  Sign a new contract or amend existing? Or does the deal fall apart in 18 months at the end of the lease term?”

Answer:

Excellent question!  And one very close to our heart because THIS strategy is what saved us from biting the dust completely when our portfolio of 30+ homes lost half its value seeming overnight during the 2007/2008 crash….all funded by short-term hard money and/or private money.

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Q&A: In Starting a Link Options Business, what are average numbers for deals and business expenses?

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Question: Could you share a little bit about what the average numbers are per deal and if payment is collected up front with your system? Also if you have an estimate on what kind of monthly budget should I consider for normal expenses.

Answer:
Yes, you are paid upfront in these transactions! No waiting on any closing!  Once the owner approves the tenant-buyer (TB), then you get paid the TB’s Option Fee down payment which typically ranges from 3.5% to 5% of the Option price.

Average numbers will depend on the median price point houses in your area, or the median price point homes you are working. Our average client puts down 4%, and our average price point home is $200,000, so our average payday per home is $8,000.

Unlike ALL other strategies where you have to spend a lot of money on marketing to find either a distressed seller and/or a distressed house, the Link Options strategy is for non-distressed property owners and non-distressed houses….in other words, HAPPY people!  This is the vast majority of folks who want to sell!  We only work with owners that have move-in ready homes and who want full price for their home.

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