Let's Talk Real Estate Investing with Sharon Vornholt
Business:Investing
The Benefits of Using Master Lease Options as Interest Rates Soar with Bill Walston
Interest rates are soaring today across the country. Smart investors are using master lease options to acquire property now more than ever before. So, what exactly is a master lease option, and how can I use this investing strategy to acquire property?
Master lease options allow you to control commercial property like apartment buildings, storage facilities, etc., and then buy them at a specified time in the future. You can generally do this with no money down.
Bill Walston is one of the most sought-after business and tax strategists in the real estate investing community. He has been an active real estate investor for nearly four decades as well as an author, mentor, and coach. His passion is teaching and creating strategies that help real estate investors do more deals, make more money, and live a tax-deductible lifestyle.
Key Highlights:
[00:01 - 07:52] Opening Segment
• An overview of the benefits of using master lease options
• Bill's background and work
[07:53 - 15:23] How to Buy a Property with a Motivated Seller
• How sellers have different motivations for selling
• A typical master lease option term is five years, and the option can be exercised at any time during that period
[15:24 - 22:49] How to Analyze a Property for a Master Release Option Projection
• The key points for analyzing a property to do a projection are getting the numbers from the seller
• The average expenses for a property are usually 35-45% of the income
[22:50 - 32:31] Closing Segment
• Why banks are not typically willing to finance multifamily deals
• How to use master lease options and creative finance when interest rates soar
• The importance of determining your investing criteria
Want to connect with Bill? Follow him on Facebook, or email him at bill@billwalston.com. Be sure to grab Bill’s freebie, “The MLO Process”.
Resources Mentioned:
Here are some sources for finding multi-family properties:
· http://loopnet.com
· http://listsource.com
· http://cimls.com
· http://cityfeet.com
Key Quotes:
"The first thing you have to do, regardless of whatever type of investing you're going to do, is to determine your investing criteria." - Bill Walston
"With the master lease option method, you can take over property control, and the cash flow, and increase the value of that property without having to own the property itself." - Bill Walston
WANT TO LEARN MORE?
Connect with me through my website, Instagram, and LinkedIn
Or you can send me an email at sharon@sharonvornholt.com
Be sure to check out the Louisville Gals Real Estate Blog and my course Probate Investing Simplified.
Learn more about this podcast on iTunes, or Stitcher.
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