Comments for Wholesaling Lease Options - Joe McCall

Comment on Coaching Call With Mastermind Student by Joe McCall - Admin

Joe McCall - Admin — Sat, 19 May 2012 06:26:17 +0000

Help with what?

Comment on Coaching Call With Mastermind Student by Joe McCall - Admin

Joe McCall - Admin — Sat, 19 May 2012 06:25:40 +0000

Thanks!!!

Comment on What Are Wholesaling / Cooperative Lease Options? by Joe McCall - Admin

Joe McCall - Admin — Sat, 19 May 2012 06:25:18 +0000

No, I’ve never had a problem with it. It really isn’t the same problem with Lease Options as it is with Subject-To’s. But if you’re concerned about it, go ahead and put a clause in your contract.

Comment on What Are Wholesaling / Cooperative Lease Options? by Wes

Wes — Thu, 17 May 2012 00:42:25 +0000

Joe, have you ever had an issue with a due on sale clause? How do you go about disclosing this to Buyer & Seller?

Comment on Coaching Call With Mastermind Student by MARGO ROBERTS

MARGO ROBERTS — Wed, 16 May 2012 05:40:07 +0000

EXCELLENT! So informative, especially the part about the underwater property. Thanks a million!

Comment on Coaching Call With Mastermind Student by Phil

Phil — Mon, 14 May 2012 23:56:18 +0000

Help……

Comment on WLO Mastermind Group Coaching by Mastermind Coaching Call Sample

Mastermind Coaching Call Sample — Mon, 14 May 2012 21:34:57 +0000

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Comment on What Are Wholesaling / Cooperative Lease Options? by ALEX

ALEX — Wed, 18 Jan 2012 02:51:25 +0000

HI JOE…..JUST WANTED TO KNOW HOW I AS WHOLESALER WOULD GET PAID…..FROM TENANT OR SELLER THANKS.

Comment on Three Testimonials from WLO Coaching Students! by Joe McCall - Admin

Joe McCall - Admin — Fri, 29 Apr 2011 03:39:11 +0000

I like CallFire and VoiceShot.

Comment on Three Testimonials from WLO Coaching Students! by omari

omari — Tue, 26 Apr 2011 23:53:24 +0000

Hey Joe. What voice blast company do you suggest we use? I tried to use robodial but they discontinued their services for calls that promote a product or service.

Thanks
Omari A.
Lease The Dream Atlanta

Comment on Interview with Keith & Shannon French by Bob Thurmond

Bob Thurmond — Thu, 07 Apr 2011 20:33:17 +0000

Very, very useful. Thanks!

Comment on Interview with Keith & Shannon French by Dennis Debrobander

Dennis Debrobander — Wed, 23 Feb 2011 15:23:24 +0000

Great interview.

Comment on Three Testimonials from WLO Coaching Students! by RobFonner

RobFonner — Wed, 02 Feb 2011 19:30:35 +0000

Excellent job! Just goes to show you never know where the next deal will come from.

Comment on Free Marketing Tips!! by Rocketman917

Rocketman917 — Tue, 01 Feb 2011 19:12:07 +0000

Joe, thanks for those word. BUT, these NYC homeowners…are frankly speaking..some RUDE folks. I have a background in derviatives and secruties and tosed the “salesman” voice tone. But even when I am completely noncring but still friendly, they cuss, swear and become rude.

HOWEVER, reading your blogs give me a pat on the back to keep going. The road less traveled lead to the rewards most desired I say!

Comment on What Are Wholesaling / Cooperative Lease Options? by Tim Hahn

Tim Hahn — Wed, 26 Jan 2011 22:59:45 +0000

Hi Joe;

Just called you and left a message. Tim Hahn here again. I have been busy calling sellers on my spare time and finally have 4 new leads; one who is willing to do a lease option, but says that he wants to wrap this up in the next week or so. He said that he is willing to sign the contract for me to begin marketing the property. The sellers name is Bob and he brought up some good points that I did not have the answers to. I told him I was just beginning and he seemed understanding while repeating his main points. Do you have the time to perhaps help me with this before the opportunity slips away? Maybe we could partner up on this one? Thank’s and hope to hear from you. Cheers!

Tim

Comment on What Are Wholesaling / Cooperative Lease Options? by Tim Hahn

Tim Hahn — Fri, 07 Jan 2011 05:17:46 +0000

Thank’s Joe;

I am looking forward to taking your course.

Cheers!

Tim

Comment on What Are Wholesaling / Cooperative Lease Options? by Joe McCall - Admin

Joe McCall - Admin — Fri, 07 Jan 2011 01:14:10 +0000

Hey Tim! Yes you need to disclose that you are a Realtor. Not sure about your second question. Have you read through the course yet? At closing, you won’t even be involved. It’s a transaction between the seller and the buyer.

Comment on What Are Wholesaling / Cooperative Lease Options? by Tim Hahn

Tim Hahn — Thu, 06 Jan 2011 21:14:42 +0000

Howdy Joe;

My name is Tim Hahn and I now have a realtor license here in Portland,Or. I have little to no experience with real estate, but am excited about jumping right into wholesaling lease options. Simple and sweet! I had a few questions though, before I begin. 1st) Do I need to disclose that I am a realtor while looking for buyers and sellers on Craig’s list? 2nd) After finding a qualified tenant-buyer and assigning those contracts back to the seller’s, how does the changing of money work at the closing?

Cheers!

Tim

Comment on Free Marketing Tips!! by carlos

carlos — Thu, 30 Dec 2010 23:27:53 +0000

Hey Mr Joe This is Carlos Howard from georgia. im a newbie who is learning all the wisdom and capabilities each day to be a smart and educated investor. My question is what contract do i use for the seller, and do we use the assignment contract that is use for the tenant buyer and myself, the assignment contract used for traditional wholesaling with the end buyer?

Comment on Just Get Out There and Do It! by RobFonner

RobFonner — Mon, 27 Dec 2010 21:41:35 +0000

Great answer, Linda! I thought he was talking directly to me! It’s easy to put off calling a potential lead until tomorrow. Then what, you put that off tomorrow too? Pick up the phone and call!! It doesn’t matter what you sound like. Just have some semblance of a script in front of you to get all the pertinent information.

Comment on What Are Wholesaling / Cooperative Lease Options? by Joe McCall - Admin

Joe McCall - Admin — Mon, 27 Dec 2010 04:47:37 +0000

You can certainly do this biz as a licensed agent. In fact, sometimes I recommend that depending on your state. You just have to do them as an investor, not as a realtor. You have to disclose you’re an agent, but so what. Tell the seller you are not looking for a listing & you aren’t looking to make a commission. Once you get a property under contract, you have to disclose you’re an “owner agent”.

Hope that helps!

Comment on What Are Wholesaling / Cooperative Lease Options? by Kay

Kay — Sat, 25 Dec 2010 00:53:40 +0000

Hello Joe,
I wanted to know how could I address wholesaling lease to options if I am a licensed real estate agent. Do I disclose this to the buyer and seller or am I still addressing myself as an investor or placement consultant. I am not actively workeing the business at this moment but I do hold a license. Could you please give me some insight on what I need to do to move forward with your concepts. I also wanted to know how soon can I start generating cash. As you might know when the economy took a turn a few years ago my real estate career business and career did too. I would appreicate any help that you offer. Thank You Again!
Kay

Comment on What Are Wholesaling / Cooperative Lease Options? by Joe McCall - Admin

Joe McCall - Admin — Sat, 11 Dec 2010 14:56:24 +0000

Lee, these kinds of deals typically don’t work. If you can find a way to wholesale a lease option thru a Realtor, let me know!!! You need to have an open and creative Realtor that will let you do that. Realtors can’t share their commissions or give referral fees to non-licensed folks. It’s illegal, immoral and fattening.

Comment on What Are Wholesaling / Cooperative Lease Options? by Lee Small

Lee Small — Thu, 09 Dec 2010 17:51:54 +0000

Joe, I can’t find that discussion in your blog you had with a seasoned wholesaler who works PRIMARILY with RE agents. I happen to have a TB with $8K cash but wants a MLS listed property. Need to know the mechanics of how he pays out to the Agent.

Thanks,

Lee

Comment on What Are Wholesaling / Cooperative Lease Options? by Joe McCall - Admin

Joe McCall - Admin — Wed, 08 Dec 2010 20:15:35 +0000

I got your email and responded there. Did you get it? – Thanks, Joe

Comment on What Are Wholesaling / Cooperative Lease Options? by Anders R Karlsson

Anders R Karlsson — Fri, 03 Dec 2010 21:35:08 +0000

Hi Joe.

My name is Anders, and I can’t wait to do our first deal.

I have a question, my partner and I bought wendy coaching. On the letter you send to the sellers, you have said you attach the Option Agreement. Is it the “Cooperative Lease Option Agreement” that comes in Wendys course ?.

We appreciate our help, thanks so much. Anders.

Comment on Just Get Out There and Do It! by Linda Michaels

Linda Michaels — Wed, 10 Nov 2010 17:30:25 +0000

i’m surprised i didn’t see my name listed above as the person you are talking directly to. you’re right; i need to just get out there and make some money. the perfectionism is of no real help in the long run, or the short run. thanks!

Comment on Interview with Keith & Shannon French by Linda Michaels

Linda Michaels — Wed, 10 Nov 2010 16:57:28 +0000

awesome interview. good information and encouragement. thanks.

Comment on Free Marketing Tips!! by Aaron Lieberman

Aaron Lieberman — Mon, 04 Oct 2010 05:24:22 +0000

Thanks Joe. You’re the best.
God bless.

Comment on Free Marketing Tips!! by Joe McCall - Admin

Joe McCall - Admin — Mon, 04 Oct 2010 04:44:47 +0000

Aaron, feel free to call me anytime if you have any questions. I know how tough it is financially while you are in school. I would recommend the following used books from Amazon: 1) The Real Estate Fast Track: How to Create a $5,000 to $50,000 Per Month Real Estate Cash Flow 2) Making Big Money Investing in Real Estate: Without Tenants, Banks, or Rehab Projects 3) Buying Real Estate Without Cash or Credit 4) Investing in Real Estate With Lease Options and "Subject-To" Deals : Powerful Strategies for Getting More When You Sell, and Paying Less When You Buy 5) Buy Low, Rent Smart, Sell High

Comment on Free Marketing Tips!! by Aaron Lieberman

Aaron Lieberman — Mon, 04 Oct 2010 00:45:19 +0000

I totally understand..I actually really wanted to fill out your interview application for the course, but I am a full time student right now and don’t have a lot of time (and virtually no money So, I have to be content learning solo for a little while I guess. Thanks for all you do.

Aaron

Comment on What Are Wholesaling / Cooperative Lease Options? by Joe McCall - Admin

Joe McCall - Admin — Sun, 03 Oct 2010 23:34:04 +0000

outsource all your marketing to VA’s!!!!!!!

Comment on Why I Love Wholesaling Lease Options by Joe McCall - Admin

Joe McCall - Admin — Sun, 03 Oct 2010 23:27:39 +0000

hello,
thank you for your email.i appreciate your comments.sorry you feel imcompetant.that was certainly not my intention!of course you can make five figures with just using the system – without ANY coaching – you betcha – i believe that 100%.you get everything you need to be successful in the business, all right there in the course, end of debate.but why do i think coaching is so valuable?because i personally have coaches and i couldn’t have gotten to where i am without coaching.i practice what i preach.i have spent over $30,000 on coaching programs over the years.most of it was good, some of it was not good.i am currently in an awesome coaching program with steve cook & shaun mccloskey through lifeonaire.these guys are awesome and have helped me grow my business tremendously.they really hold me accountable.now listen, this is really important, coaching is not for everyone and it’s probably not for you.that’s totally fine.i just believe that coaching will help accelerate your business and help you get to where you want to be faster than you could probably do on your own.just my opinion – because i have been there and done that – tried do things on my own & failed.take a look at what kind of coaching i offer.look at my updated coaching page that i have on this site. i don’t know of any other coaching program that offers as much as i do.i’m going to do all your marketing for you?i’m going to set up your business for you?i’m going to fly out to your city?it’s a great program & i am really proud of it.peace – joe

Comment on Why I Love Wholesaling Lease Options by Joe McCall - Admin

Joe McCall - Admin — Sun, 03 Oct 2010 23:12:23 +0000

Melanie, I have never really worked with anyone outside the US. If you can do sandwich lease options in the Australia, I don’t see why you couldn’t wholesale lease options. It is really the same principle. You will probably have to revise my contracts quite a bit. But then again, you may be able to just revise the standard lease option contracts you have been using to allow you to assign them & get out of the deal. Not that hard, really! Let me know how it goes!

Comment on Free Marketing Tips!! by Joe McCall - Admin

Joe McCall - Admin — Sun, 03 Oct 2010 23:10:16 +0000

Hey, Aaron! I would love to tell you which voiceblast service I use, but I have to reserve my favorite tools for people who invest in the Wholesaling Lease Options system. Hope you can understand & appreciate that! I have a lot of really valuable, free content on this site. But there are some things I need to reserve or else no one would have any reason to buy! – Thanks

Comment on Free Marketing Tips!! by Aaron Lieberman

Aaron Lieberman — Sun, 03 Oct 2010 21:08:23 +0000

Thanks Joe this is so much help.

As far as the voice blasts go, what service do you prefer? Also, when you send out text messages do you always to it in tandem with voice blast or email?

Thanks,

Aaron

Comment on Why I Love Wholesaling Lease Options by Melanie Williamson

Melanie Williamson — Sun, 03 Oct 2010 03:49:25 +0000

Hi Joe,
Have you worked with anyone outside of US?, l live in Australia. l have done sandwich lease options and would love to try a wholesale.
Melanie

Comment on Why I Love Wholesaling Lease Options by bill

bill — Sun, 03 Oct 2010 01:13:41 +0000

hello,
i noticed on your facebook site you mention that if someone wants to earn five figures a month that they should consider you for private coaching.that sorta makes me feel like im incompetant and can’t make five figures unless i aquire your assistance which i’m sure has a pretty price attached to it.isn’t it a numbers game, where the more contacts i make the better chance i have to make more money?so why couldn’t i make five figures without using you.this seems to be another one of those programs that have that other offer lurking around the corner.in order to do better, or for private coaching, you only have to pay an additional $500 to come on board,right?i really thought up to this point that you were promoting an honest home based business but now i see that your not any different than the other gurus out there trying to make more money off your program than what was initially presented.if it’s a complete package,and everything is thoroughly explained,then why would i need you to coach me?

Comment on What Are Wholesaling / Cooperative Lease Options? by michael blythe

michael blythe — Tue, 28 Sep 2010 00:22:58 +0000

Joe,
Nice call w/ Wendy Patton. Joe, I work full time and finally closing first deal but no pipeline of sellers. How can I put my lead generation on autopilot. I need seller leads.

Mike

Comment on What Are Wholesaling / Cooperative Lease Options? by Francine

Francine — Thu, 16 Sep 2010 21:36:22 +0000

This sounds a little different then your typical Wholesale. Sounds pretty cool.

Comment on Free Marketing Tips!! by Joe McCall - Admin

Joe McCall - Admin — Fri, 10 Sep 2010 22:53:24 +0000

Very cool… Glad I could help a little! – Joe

Comment on What Are Wholesaling / Cooperative Lease Options? by Joe McCall - Admin

Joe McCall - Admin — Fri, 10 Sep 2010 22:52:50 +0000

Jeff, check out the forum for Q&A’s if you haven’t already. – Thanks! Joe

Comment on Free Marketing Tips!! by Joe McCall - Admin

Joe McCall - Admin — Fri, 10 Sep 2010 22:51:29 +0000

“Hi! I saw your ad on Craigslist. I was wondering if it was available for Rent-To-Own or Lease Purchase? Thanks! – Joe (555-555-5555)”

Seriously… that simple. Make sure the phone number goes directly to your cell phone – or somewhere they can reach a real person.

Comment on Free Marketing Tips!! by michael Brooks

michael Brooks — Fri, 03 Sep 2010 04:01:22 +0000

can you give a sample of your email scripts?

Comment on What Are Wholesaling / Cooperative Lease Options? by Joe McCall - Admin

Joe McCall - Admin — Wed, 25 Aug 2010 18:32:45 +0000

Hey Jeff! Great questions. I tell them that if the TB doesn’t work out, we can help them find another one. Yes, I have had several sellers come back and ask for my help again. Sometimes if they had a really bad experience with the previous TB, I will find them another one and only ask for $500 to cover my marketing expenses. They can keep the rest of the option deposit next time. They appreciate that.

I usually do 2 years. Sometimes 1. It depends on what the seller is willing to do.

Comment on Interview with Keith & Shannon French by Mike Bullock

Mike Bullock — Wed, 25 Aug 2010 18:06:52 +0000

This was an amazingly detailed call with a lot of information. I think I found the mentors I’m looking for in my area of DC/MD area.

Comment on What Are Wholesaling / Cooperative Lease Options? by Jeff Carroll

Jeff Carroll — Fri, 20 Aug 2010 01:07:44 +0000

Joe -
I haven’t purchased your course….yet – but I’m curious, what do you tell the sellers is plan B if the TB doesn’t follow through and purchase the home?
Do they come back to you to fill it again?
How do you structure the LO time frame – 12 or 24 months or more and why?

Thanks for the input!

Comment on Free Marketing Tips!! by Jan Barnhouse

Jan Barnhouse — Wed, 18 Aug 2010 15:51:17 +0000

Joe, as a “newbie”, I appreciate your adivce. These are the kinds of information that we need to know! Your great for sharing these tid bits of wisdom. It helps to know you did it too! I am officially discouraged but in my head I know it’s a numbers game and I just have to perservere and keep picking up the phone to make that call. Thats why I’m came to your website today. I had looked through it earlier and knew some of these articles were here. I needed a few words of encouragement and someone to point a finger and say… I would go here or do this next for your marketing and then do it again! Thanks for that. Really, thank you!

Comment on What Are Wholesaling / Cooperative Lease Options? by Joe McCall

Joe McCall — Thu, 24 Jun 2010 19:07:00 +0000

Hey Barry! Never had a problem with the chain of title. The 3% they put down up front is their down payment when they exercise their option to buy the house. You have to be sure you have a copy of the cashiers check when they first put that money down. You have to show that check to the underwriter. They main thing is to have a mortgage broker on your team who understands lease options & getting financing for these buyers. He will know how to prep the underwriters on what we are actually doing. You’ve got to have an investor friendly mortgage broker on your team who has done lease options before. Does that help?

Comment on What Are Wholesaling / Cooperative Lease Options? by Barry Russell

Barry Russell — Thu, 24 Jun 2010 16:49:50 +0000

Joe

Very much enjoyed your presentation at the Street REIA. I too appreciated the value of Lifeonaire and previous short sale boot camps.

One question I have is how you handle the HUD’s when the time comes for the Tenant Buyer to exercise the LO. He’s paid you the 3% lease option fee, but still wants credit for this consideration at closing. Do you unwittingly create a chain of title problem under this process?

Would appreciate your thoughts on this matter. Thanks!

Barry