We both know that lease option property deals are pretty rare...
But not when you know where to find them.
And on this page, I'll reveal one of the rich seams of deals that a small cadre of investors mine for this often highly lucrative type of deal.
I'll just go ahead and say it...
The reason that lease option deals tend to be rare is that most investors keep them to themselves.
Could that be because you can get into a lease option with as little as a £1 option fee?
Or could it be because you don't need a mortgage to be able to get in on the action?
Or maybe it's because you can experience some strong monthly cashflow on this type of deal?
Or is it perhaps the juicy chunk of back-end profit that may be coming your way, if you decide to exercise the option to buy within the term?
Let's be honest, it's probably all of the above.
So, why is it any different here?
Have you ever heard the saying: "the man who chases two rabbits catches none"?
Following this wisdom: if you try and build a property portfolio and source deals for investors at the same time, you'll probably fail at both.
Our partners have chosen to become deadly efficient at sourcing property deals, to the exclusion of everything else.
They have built a shiny, well oiled machine that spits out deal after cash-spurting deal.
And -- as tempting as that no doubt is -- if they paused to mess around with managing one of those deals themselves...
Well, they would risk that machine malfunctioning...
Or even breaking down beyond repair.
And that would be bad for everyone involved.
Instead, they make their money with the finder fees that they quite reasonably charge...
And you get the benefit of those beautiful, perfectly-formed deals that their machine spits out.
Let's take a closer look at the kind of deals that you can expect to see from this sourcer...
At the time of writing, there's a lease option deal available in Nottingham, on a portfolio of four properties.
This small portfolio is made up of two 2 bedroom flats, and two 2 bedroom terraced houses.
All the properties are in good condition and have tenants already in place, presenting the opportunity of instant income, should the tenants remain in place.
The option period is thirteen years, giving you a long time to benefit from capital growth, over and above the option price.
The option price to purchase is set at between 3-36% below the current market values, so the potential for a chunky back-end equity windfall is pretty high over the next thirteen years.
You obviously get to benefit from surplus rental income too, and you have the option to purchase at any time over the thirteen year option period.
Obviously, portfolio lease option deals aren't for everyone; especially if you're just getting started.
There's always the opportunity for you to get your "feet wet" with an individual property lease option deal instead.
At the time of writing, there's an opportunity to nab a pretty sweet individual lease option in Newcastle Upon Tyne.
It's a chance to acquire a two bedroom flat for 18% below the current market value.
The option term is two years for this one, so you can benefit from any rental surplus in the meantime, and your 18% instant equity plus any capital uplift in the interim.
Okay, now it's time for the big reveal about where you can get your paws onto the cream of lease option property deals that we've been discussing above (as if you hadn't guessed already)...
Are you ready?
Sign up for our deals alerts service!
I challenge you to just give it a try for a few weeks, so that you can judge the quality of the deals from the sidelines...
And if you don't like what you see, simply click the unsubscribe link on any of our emails, and we'll part as friends.