Download My Option Agreement…

449 comments

Man, you guys sure love to swipe our stuff!

I mean, based on the gratitude galore we got from sharing one of our favorite motivated seller postcards recently, it seems pretty clear that the old “Swipe and Deploy” is something we should keep rolling with.

So let’s do another one…

Today’s handy-dandy resource is one of the core essentials every investor should have in your tool-belt–the Option to Purchase Agreement, or “option contract” as it’s often called.

But I gots to tell ya — just having this form in your bag of tricks isn’t enough… You’ve got to understand it’s purpose and how to effectively wield it. Which is exactly why I made you this little video about it. 

The essentials on option contracts

In this video you’ll learn:
 What an option agreement really is (and what it’s not)
marker-arrows-jp 4 Who exactly is obligated (and who is not)
marker-arrows-jp 3 Common uses and best practices for deploying this in your day to day business
marker-arrows-jp 2 Why I don’t typically recommend “lease options” as a buying strategy
marker-arrow-jp 1 Stuff like “equitable interest”, “principal interest” and your “bundle of rights”
 What you can and can’t do with an option
marker-arrows-jp 4 How to fill it out, step by step

If you don’t care to know all that, then just feel free to download the form and add it to your arsenal (see below). But for those who want to learn the ropes on how to use this thing, this video will help you wrap your mind around what this is and how to best use it.

How to download my Option Agreement

First off, I’d like to ask a small favor:

Would you please “Like” our Facebook page if you haven’t done so already?


We actually posted the video above on our Awesome REI Facebook page, so if that’s how you got here, and you already “Liked” us there – well thanks for being awesome!

Otherwise, before swiping my Option Contract for your own arsenal, I’d be thankful as a monkey with a peanut machine if you’d kindly hit the “Like” button on our little Facebook widget thingy. Doing this will most definitely make you awesomer and probably better looking too.

animal like

Next, do this…

Ok, so how do you get your little paws on my Option Agreement? Easy peasy. Just leave a comment below sharing ONE THING you’d like us to give you in a future “Swipe & Deploy” post, and then Chuck Norris will hand it to you.

Nope, not kidding.

We all love to score a good tool or resource like this, right? Be it a form, contract, marketing piece, script or “what-have-you”… Something that’s already been time-tested and proven to work.

So here’s how this goes:

Step 1. Engage with us by sharing (in the comments below) at least ONE THING you’d personally really love to see us give away in the future as a “Swipe and Deploy” like this. We’ll take every single suggestion into consideration.

Step 2. Once your comment’s posted – viola! Chuck Norris congratulates you with a free download of my Option Contract.

So what are you waiting for?

Let’s do this. Leave your comment below. And don’t forget to be awesome.

Johnpaul Moses

JP Moses is a roughly-hewn man-child who jumped into REI back in Y2K and full time in '02. After many twisty turns over the years, from landlording to short sales to rehabs to Realtoring to lease options to REOs to notes to owner financing, blah, blah, blah… he finally stuck his flag deep into wholesaling. Today JP's Memphis-area operation's wholesaled somewhere north of 400+ transactions and actively turns 3-7 houses a month. He also really digs helping others and pours a ton of his heart and soul into helping his fellow real estate investors from his own REI and business-building experiences.

Click Here to Leave a Comment Below

449 comments
Edrick

Great Article!

Reply
Robert Davidson

I’d like to see a Notice of Option Agreement. The Opitionor and Optionee signatures would be notarized (by a traveling Notary at the same time the Option Agreement is signed) and the document recorded in the County Recorder’s office. It is common for the Seller (Optionor) to still shop the deal. Or, a family member upon learning the price the Seller is selling for, says “I wanted to buy the house” or I’ll pay more.” If there is a Notice of Option Agreement recorded, when the Title company pulls title they’ll see the property is encumbered with an Option and is unsalable. Without this Notice of Option Agreement, nobody else knows of the Option. This gives the investor the possibility to negotiate a Buy Out of the Option by the new buyer. This could be the full amount of profit that Optionee was anticipating.

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Jack K

Great article. Was very easy to understand

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Arnell

Great info the option agreement it going to help me get my good foot in the door for sure! Thanks!!!

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Intisar Pierce

I too would like a list of Nationwide Buyers that close within 7-10 days.

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Henry Spearman

great video. very enlightening.

THANK YOU.

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Robert

The explanation of what and when to use the option agreement is great. Thanks so much for the video.

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Deborah

Excellent information
Do you have any contracts for Florida that are current ‘Florida Residential Real Estate Contract to sell a property’

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Robert Epling

Private money tips

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Daniel

Ditto to Michelle Washington’s comment: I too would like a list of Nationwide Buyers that close within 7-10 days, with plain descriptions of what they want.

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DREW

Yes, thanks for this help

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Michelle Washington

I would like a list of Nationwide Buyers that close within 7-10 days without being so picky or waste timmers. Just know what they want without hesitation and just close quickly.

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William Green

GREAT INFO with little risk!!! Thanks much!!! Bill

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Roderick

Awesome video, seems to be a great tool to have to use for deals. Would like to see a JV agreement available for us.

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Vince

How to of occupied auction property that goes to auction and step by step auction.com online auction video. Landmine warnings such a robo-sign and quit-claim and special warranty guidance etc.

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Drew

this is extremely great of you to share

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patrick

More on lease options on how to generate a good stream of income as well as properties to target. Im going to be getting some of your products as well. looking forward to start using lease options for my wholesaling wish i would have started with this first. Looking forward to using your document

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patrick

Thank for the information on doing the lease option wish i would have started with doing this going to get more of your products

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JC

Thank you for this resource guys! Perhaps a swipe/deploy for the future could be sample lease and option contracts A-B and B-C (that protect the investor on both ends) for a sandwich lease-option deal.

Reply
Lem

Great article

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Paul Coin

this is well done

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gbeefly

Luv how you spin ” I’ll pay the closing costs”.

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Bobby

A video on how to work with the title company.

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Vincent Robertson

Vincent Robertson; Thank you very much for this tool. I know it will
become very useful and helpful .Now, I am hoping and praying that
you will, by the good grace of the god in you, decide to give me as a
free bonus to swipe and use is that tool called corporate resolution
contract.
Thanks
4/3/2017

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Anthony Ashmore

Have never used an options contract so am curious to see what it has in it.
Anthony

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Brandi Espinosa

Your positive encouraging words are nice to hear…thanks

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Joe

Thanks for a useful contract.

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Benny L Higdon

Good idea. Thanks.

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Roy Leach

Chuck Norris Rules!

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Phu

1. Strong simple contract for selling wholesale – cash
2. ” ” ” ” ” ” – S/2

Thank you so much!

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Shelton Brown

Thank you…

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Vincent Robertson

Vincent Robertson;

I really appreciate your assistance for supplying me with documents that will help make
the process of getting the equitable interest in any wholesale deal that I need to easily
market and sell deals to my buyers lists, Thank you very much, and I am looking forward
to receiving the next great instrument that you will send in the near future, that will help
me to advance in life and in business as a 10 hour wholesaler. Sincerely;
Vincent Robertson
3/24/2017

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Robert Burke

Nice option contract. What’s your opinion on getting the option notorized as a CYA step?

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CHERYL

I’d love to see a script for negotiating a price with the seller
Thank you!

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Ibrahim

Awesome thanks for sharing

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DONNA SHARPE BRADEEN

thank you for the great info.

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Mary Hamilton

Always looking for step by step lists.

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BARBS

THANKYOU FOR SHARING THIS

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Melodi Major

sounds really good,cant wait to see it. yourinfo is great

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Ismael

Love your blog articles!

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Michael Shelley

Thank you this was very helpful .

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Carol Richards

Awesome! Thank you.

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William Moody

THANKS FOR ALL THE FUN YOU GUYS PUT INTO YOUR HARD WORK. grango6947

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Ryan Reyes

add a short video on how to fill out a scope of work estimate,

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Richard Plumer

I’m looking forward to Chuck Norris handing me the Option Agreement. Thanks

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Gerard Connor

Always very helpful Thanks!

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Mary

We need a Private lender to Start a Rehab ,
Anyone Interested will give 5% of sale after rehab is done & property is sold

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Valorie Ford

Thanks for the info, you made it so easy to understand, my fear is diminishing.

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Dustin Christensen

Awesome Option Agreement

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Chad Russell

Great info. Thanks!

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RORY SEEK

This was very easy to understand it really helped a lot thank you.

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Ana Catoni-Yildirim

THANK YOU. iS ALWAYS GREAT TO HAVE OPTIONS.

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Dawn

I’m interested in seeing a daily action plan for working through a deal and/or managing the various activities involved in this business since there are so many pieces.

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Lmartz

lmartz
Learning is good steps 4 making $$$, let’s see about wholesaling options and with your help is a thumb’s up, thank you

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Scott

Your information is great And very helpful

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Mike Lischin

nicely done and easy to read option

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Peter

I would like to see an Assignment of Contract document that can be used in any state. Thanks for sharing all the great information

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    Patrick Riddle

    Hey Peter,

    You can download an assignment contact here:
    http://www.justinwilmot.com/assignment

    No matter what form you get your hands on, you’ll need to pass it by a legal professional to make sure it’s ok to use in whatever areas you want to use it in.

    – Patrick

    Reply
Les Anthony

I’d like to see a swipe and deploy nugget in the owner finance arena, and thanks for all the training and education, Your Awesomeness!

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Brian Johnson

Just checked out the purchase option video and that is one thing other “systems” danced around. No tangible explanation until now. Thanks, I’m officially one of your swipe and deploy junkies! Total newbie but I feel confident you won’t steer me wrong.

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Gar May

I would like to learn about Wholesaling Lease Options.

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    Johnpaul Moses

    hi Gar. That’s really our friend Joe McCall’s focus and expertise. Joe’s a close friend of ours too.

    Reply
STEPHEN SHAW

thanks for all the great training/coaching and love the swipe and deploy systems!

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Arnell

This takes a lot of the risk and pressure of yes, especially for newbies, I cant wait to get going, what a great tool!!! How can reach a lot of sellers quickly to make as many option offers as possible and potential deal?

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Jordan Hopkins

I’d like to see how you make offers, whether you call or send them a letter.

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Cris Harrison

Thanks for the info, I need the help, and I will ask for it too.

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STEPHEN SHAW

Hello guys, my first day just trying to absorb all this information. I am excited to be here eager to learn and raring to implement these systems to finally make money for ME! It is an honor to be part of the AWESOME FAMILY. thanks for the opportunity!

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    Patrick Riddle

    Hey Stephen, be a sponge and soak up as much as you can. As you start to learn, take massive action.

    And let us know how we can help along the way.

    – Patrick

    Reply
Wayne Balsinger

I’d really like more information on Owner Finance agreements from the seller’s side

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Nancy

Thanks for the info

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Robert Knight

Thanks for sharing option agreement with all of us. Keep giving us tips!

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Bart

Thanks for the free option contract. I can use this on upcoming deals.

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Kojo

Excellent read

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john whorton

thanks for the agreement

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Gary

Good stuff.

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Gerard Connor

Appreciate it

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henry

great read

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Gerard Connor

Thank you for the information JP

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Mark Guerette

How about a listing of lenders that offer 100% financing as long as the deal makes sense

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Constantin

I really like your Motivated Caller Back Script.
Thank you,
This one I’ll watch tonight.
Constantin

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Excelsior

Howdy, Thanks for being a trusted resource.
If you summarized info in graphical flow charts, or bullet points of action steps listed in chronological order, for newbies, that would be great.
(I have been a landlord and real estate investor for 25 years and personally am interested in learning more about 5-100 unit apartment buildings and other commercial properties. …and how to structure offers to partner with other investors, on some of the great deals I have been finding) Thanks!

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Doug

Thanks for the great information.

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Patton Joyner

I have just started studying so I’m not sure what I will learn here. So, the only thing I can think of at this time, which may already covered in this material, is for you to shorten the mobojumbo and just get to what I need to do to get the wholesaler sellers and buyers lists. I’ve been doing RE here since 1993 but haven’ got much done lately since I stopped doing RE in 2011 when I moved out of state after loosing everything due to the market crash here in Harris County and not wanting to loose properties again if this happened again in the other state that I moved to. But, since Feb of 2014, after moving back here, I have been attending training sessions done by the major “gurues” here and on line in other areas. So, I’m looking for buyer and seller sources where I can find those that I can contact to do what you are teaching here.
Patton Ed Joyner

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BEN

OPTION CONTRACT IS AWESOME

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    Morgan

    You are awesome! Thanks for providing break through information. It makes me more confident in entering the real estate world with these incredible tactics that give almost guaranteed success. Though every thing takes work and time to achieve, your tools give multiple options to explore.

    Reply
Gerard

We appreciate you sharing this helpful information!

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Dolores

wow so many post. really like the training clear and on point. great job thanks for sharing

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Dan Ekberg

Legal forms that provide safe guidance is good.

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Dom DiGioia

Possible future info on abandoned commercial property. Thanks.

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Bill

Fanta!
I’d like rehab calculator

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Reginald Wilhite

Good Deal

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allen guthrie

always great offers

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Jim Dickerson

JP you and Patrick Riddle always have useful and practical information. I look forward to using this option contract because I have a deal that I may use it on.

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Marvin Brannaka

Great resource for all levels ! How about a S&D for the lease/option package ?

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Marianne Nelsen

Good training. Want a good simple Purchase and Sale contract

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Darryl Mitchell

Great training as usual and thank you again for the document. I may of filled this out before but I want to add this to my toolkit.

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Duke

JP you’re the best man !!

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S Gaddy

Love the information but would like to know more about lease options in different states such as TX and FL.

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Darryl

Thank you for the document. Right on time!

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REUBEN

greAT SHARE

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David G. Moore

Loved the simplicity of it. Can you also provide a “simple” form of a purchase agreement?

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Toni

How to really get 100% funding from Private lenders would be great

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Nhat

Thank you!

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Andrew Davis

Wow this stuff is better than the paid REI sites!

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Andrew

Do you know how to do lease options?

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    Patrick Riddle

    Yep, I’ve got a lot of experience with lease options. We’ll keep it in mind for future posts.

    – Patrick

    Reply
J

help with Tax Lien info, as far as what the owners are owed after sale by town for taxes

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AJ

Great share

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Stephen

I would love to see a blog about mailing campaigns. I love all the info on this blog it has helped me thousands of times over.

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Niloufar Abedi

Hello JP and Partick.
Thank you so very much for the information. I also like the forum you have provided. It makes me a chance to look at the concern of other people involved in Reasl Estate and how they deal with these challenges. The first comment was about Sub2. I don’t even know what that is. If you could respond to that question, I would greatly appreciate it. (If it is possible of course, and it is not an unreasonable request.)
Thank you.

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    Patrick Riddle

    Hey Niloufar,

    Buying a property “subject to” means purchasing a property by taking over the existing loan(s). Instead of cashing out a seller’s underlying mortgage, when you purchase a property, the loans are left in place and you begin making the payments. The title (ownership) of the property transfers… but the financing stays in place.

    There are pros to this type of investing… but also some big potential negatives. Definitely not the right strategy for everyone.

    – Patrick

    Reply
William Robertson

any piece of the Sub2 puzzle you’d like to share would be helpful! thanks!

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Steve

How about an affidavit to give to a buyer so he acknowledges his funds will be used to fund and A-B and B-C double close transaction.

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Kinney Fretwell

Would like to know if you can (or should) record this option agreement to make sure you are covered in case the seller goes behind your back and tries to sell to someone else?

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    Patrick Riddle

    It’s always a good idea to record your interest in a property to protect yourself.

    – Patrick

    Reply
Spencer Moore

Great info delivered in plain and simple speak… which is why I’d like for you all to share a basic Sub 2 scenario. Walk us through using dollar amounts so you can explain why Sub 2 is beneficial in the scenario and include steps from ‘Hello Mrs. Seller’ all the way to handing your deal off to your escrow company. Too many REI ‘teachers’ online always touting the power and ease of using Sub 2 strategy but no one shows the nitty-gritty nuts and bolts of how to actually execute the deal.

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Nolan

Can’t wait to see how the results will stack up!

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Beverly

Thank you for the Walk Through. I would like to see more on “Owner Financing”. Stay well & Awesome!.

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sean lewis

always take a nugget from info like this,..appreciate your abundance mentality in giving it all away,…there is plenty for all of us

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Veronica

Need to refinance house. Who can I use?

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Patrick

Thank you for sharing , may God bless you
Thanks

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    Alita Hall

    You’re so welcome, Patrick. We like knowledge but we LOVE to share it!

    Reply
Mary Stead

What to say to private lenders

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BOB

THANKS FOR THE INFO.

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Anderson Minaya

Would like to receive favorite postcard to motivated seller. Thank you!

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M Stapleton

Thanks for sharing. I script you use after a motivated seller has contacted you interested in your “cash offer” on their house you are about to make. thanks

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James Dumas

List of buyers

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    Roamie

    Thanks for the info, it’s truly helpful.

    A lease option agreement.

    Reply
Ken Shemeley

Thanks for all the info. Would like to see a script you use to talk to sellers. Thanks

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Ricky

Thanks for sharing your knowledge .

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Raul

Great support!!!! Could you go over more information on private money…tks

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Jerry

Thank you for being such a great blessing.
Cheers

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Ralph Brenden

How to zero in on a farm area would be great. Thanks for the free downloads.

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Kd Norman

Great Job! This was very informative. I would like to know if you could use “subject to” simultaneous with option agreements and lease option. Also need to know how to run the number to find out if its a great deal or not.

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John Galayda

THANKYOU

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Alvin Mercer

swipe and deply best crm software

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Art

Money!!!!

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Jeff Saunders

Love me some fresh eggs too.

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Greg Robinson

Thanks so much for the information and the document
I am brand new to the business and would appreciate a listing of Private lenders…thanks again

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Mario Marsden

This is a very important tool that give people another set of choices for homeowner. In support of you sharing this valuable tool, I will actively drive awareness of it through my network of investors, realtors, etc.

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Linda

I would like more information on finding off market deals.

Thank you for the information!

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Tony Jordan

Thanks for the free information. It is a great help.

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Anthony

I’d like to see a “First 30 Days” Guide to get the Newbie started off on the right foot from “Day One”.

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larry foster

Have many lease option deals in the works so this is very helpful.

Thanks

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Steve Podowitz

I’d really like to see more about finding government owned properties, even more than bank-owned. Thanks!

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Domino

Interesting, yes, would be nice to see pof -proof of funds.

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Edrick

You are amazing JP and a blessing to many!

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David

Documents and calculator giveaways are fine, but there’s no better education that getting in the trenches and self-education. A smart man learns from his own mistakes, but the wise man learns from the mistakes of others. There is no excuse for ever doing a losing RE deal.

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Bparatore

Awesome info! I love real estate.

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Alan Bernard

Proof of funds letters!

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Mike Hale

This was information I needed. I thank you. Please send more training.

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    Patrick Riddle

    Hey Mike, glad to hear it was what you needed. Will do!

    – Patrick

    Reply
ken

Thanks for sharing

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keith

thanks for the info

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Brenda Anderson

Thanks for the form and info… it’s great. Info on what areas to farm would be helpful.

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riley

Cant wait to start using these methods of investing !

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Dane

not sure about what repairs are really necessary in a rehab

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Kris Laursen

Excellent information, thank you for sharing this!

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Larry Sams

Wow, this is a great way to gain control and market a property for resale…where it is a win …win deal for a seller and buyer without a lot of confusion. Thanks so much.

I would like to have an assignment agreement that is this simple as well.

I LIKE IT!

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Michael Sauerzopf

Thanks for your postcard & option cpntract. I’d like to see a step-by step checklist of wholesaling a home, including title search. And how to find a properfty address once you find an abandoned home if it isnt on the local county tax web site!

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    Patrick Riddle

    Hey Michael, check out the “Awesome Products” tab in the navigation bar. We have detailed step-by-step training for wholesaling and for profiting from abandoned houses.

    Or here’s the link: http://awesomerei.com/products/

    – Patrick

    Reply
Josh

Would love to get a list of private lenders!

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    Patrick Riddle

    Hey Josh, you may want to check out our Private Money On Demand training system. It shows you how to get a list of private lenders in anywhere in the country using public records. You can find out more in the “Awesome Products” section of our site.

    – Patrick

    Reply
GREG JONES

that was a eye opener. Ienjoyed the information I have always wonder about options. keep this kind of information coming. I LIKE LIKE LIKE.

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Cathrine Francis

Great info. Thanks for caring and sharing

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Jay

Surprisingly “awesome” information with no strings attached; considered yourself “swiped”! Thank you.

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Don Austin

Again, Good work and information. keep it coming

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Brack L. Vasser

THE INFO WAS EASY TO UNDERSTAND

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Don Austin

good information. Keep up the good work

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Nidia Reyes

how to talk to investors to make them want to partner with you.

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Craig

Private funding! Private funding! Private funding!

Thanks!

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Gene Eckles

Awesome information – next
‘Subject to’ contract would be great .

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Billy R Johnson

Hello, there!

I would like to see what you recommend for Comps. outside the MLS (I’m not a realtor.)

Keep up the good work!

Thx,

John

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Steven Beauharnais

Nice

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Joe Capra

Thanks for sharing. Next would like to see how you handle the transferring insurance on a subject to purchase.
Thank you.

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Edgar Levin

Thanks Patrick. Love your website, downloads and awesomeness.

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    Patrick Riddle

    You’re welcome Eddie. Great to hear you’re loving our stuff!

    – Patrick

    Reply
Alan VandeBerg

Great info, JP! Appreciate your sharing attitude!

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Bishop Thomas

Love to see straight up – direct – non gimmickery invites

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James

How to get free leads

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James Landis

Thank you for the great information. In a short video you have covered very important
contents for structuring an Option and added some negotiating ideas as well.

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Rosalyn Perry

Very clear,concise, easy to understand and helpful. Thank you!

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Claudia

Finding the courage to start!?

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Al Washington

Thanks for such good info and insightful knowledge

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Matt Malott

Great stuff, just the agreement I need!

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Larry Miller

How about something on insuring sub2 deals held in a trust?

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matt

good job

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Tim Brown

When it comes time to exercise the option to purchase, then one must now fill out a purchase agreement, correct? And if you do that, what happens if the seller does not agree to the terms of the purchase agreement? Although, the two parties agree to the purchase price, what if the two parties don’t agree to other certain ancillary terms in the purchase agreement?

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    Patrick Riddle

    If that’s a concern, you can have more details in the option agreement so that all of the terms are spelled out. Otherwise, you may just have to negotiate best you can at that time.

    – Patrick

    Reply
David Mackenzie

Actually enjoyed the video since I have never Flipped a property YET. Thank You

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Kirk

Great info. Kirk

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Kirk

Great info about what exactly goes on an option agreement and the legalities of controlling a property.

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Grace Andres

Thanks for the information. Always looking to learn something in this industry!

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lyn

I would love to hear, how to work with a realtor, [to make money] with my own buyers and sellers, that I have, in Oregon….In other words, if I refer my own buyer or seller, to a realtor, in Oregon, how do I get paid, in escrow. Thank you, your column is fantastic

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Shawn

That was great info, be looking for more topics on REI, thank you for your product.

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Leon

I would like to see an A-B B-C contract

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floyd w brown

Syndications

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Richard

Great help. I actually learned something I can use immediately.

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latiff

i would like to see more ways
to get funding to do more deals

keep up the good work

peace

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Dr. Steven C. McNeel

Applying a lease/option with seller financing.

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John Rogers

Maybe some suggestions on acquiring better negotiation skills….examples like “How do you answer this objection, etc”.

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Mike

Great info. Options are great!

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Herb Mitchell

Very informative information

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Nick

Hey, Thanks for sharing the option contract and information. Greatly appreciated for helping us!!

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Harry

JP, this was a great video on this contract. I am in Texas and sell with a 6 month least option and then change to a “land contract”. I will see what the legal begals say.

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Ismael Delgado

Great video. Thanks!

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Pierre Hill

Great info! And awesome tool. Thanks for providing.

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James Brown

JP Moses always provides excellent contracts and advice.

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Clare Colamarino

Maybe you already did this, but a standard sales and purchase agreement would be nice. Thanks. Clare

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Fred

Great tutorial !

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Remo Packer

Thanks for all the great tips and freebies guys! Much appreciated. On my way to millions!!

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Chris T Larson

Great sharing an essential tool in investing

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Henry

Good information

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Jeff

Great info!

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Josh

I would love to know more about subject to’s and seller financing in the future.

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Floyd Robert

thanks for sharing

Reply
coach

where to find funding

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    William P

    There is funding all over. Are you asking where can you find funding for your wholesale deals? Or for potential flip properties you find, etc?

    Reply
Mack Montez Jr.

Thank you for sharing! Most informative. Appreciated! Look forward to the learning curve. 🙂

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Gary Mason

We absolutely LOVE your videos – they are making everything SO easy to understand! Thank you VERY much!

Reply
    Patrick Riddle

    That’s great to hear Gary! Glad you’re enjoying 🙂

    – Patrick

    Reply
Benny

How to record a position against a property (e.g., second position for a private money lender)?

Reply
Steve O'Dea

This site is awesome!!

Reply
John

Would like to see information on how to find investor buyers for flipping properties.

Reply
Lauren

A zip file with bookmarks of your favorite real estate websites organized by topic

Reply
Julie

You guys ROCK! I love all the great stuff y’all share!
One thing I have discovered in my neck of the woods is that there’s a great void of local REIAs and meet ups for REIs to rub shoulders. Everything I have found is over an hour’s drive away. I don’t mind driving the distance once in a while, but I have a very limited budget for traveling, and my car is already hurting for repairs and maintenance.
What would be your advice in starting up a solid group of local investors who can learn from and help one another grow their businesses? And are there certain legalities that have to be observed in starting and maintaining one??

Thanks so much!

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Steve O'Dea

Awesome stuff, keep it coming!!!

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Kamil

I would love to see something that discusses connecting with the right kind of title agent or company that works with wholesalers.

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Alex DeBirk

Thank you. Please give info regarding the option contract to use when there is little or no equity in the deal, such as when the motivated seller has a high mortgage balance.

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    Johnpaul Moses

    Hi Alex, if you were going to use an option agreement in a situation like that, I don’t see any reason you couldn’t use this same one. However I’m not really into doing deals with little/no equity personally.

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Arun

Thanks maybe a step by step for beginners

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James Dumas

I’d like to learn how you pick the properties you buy, the due diligence process you go through. Also, what parts of the country do you find are the best to buy in and can be sold or rented most quickly?

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LORNE NIGHTINGALE

Great material.
Always looking forward to hearing what you have to say next.

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Paul Childs

Hey JP thank you for the handy dandy option contract, and especially for the info on how to fill it out. As a beginner I really need this, not sure what your next freebie should be but
I will be looking forward to seeing it soon. Thanks again!

Paul Childs

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Tim Brown

i have a similar contract, but its an actual 30 day purchase contract with a weasel clause that says sale is contingent on buyer’s final inspection and approval of the property.

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Dawn

As always, thanks for sharing your insights and experience. Looking forward to the next little jewels of wisdow.

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Michael Forbes

Thank you, look forward to using this….

Do you offer a check list and do you set up a LLC for each deal to protect yourself?

again awesome information!

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    Patrick Riddle

    Hey Michael, we did a webinar recently with an attorney to discuss entity and tax strategies. We’ll be publishing it to the blog soon. So be on the lookout.

    – Patrick

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Jorge Padro

Wow thanks for the option agreement. I would like to see an affordable kit that teaches you how to find abandoned house and sell them for a good profit.

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    Patrick Riddle

    Hey Jorge, we do happen to have a training program on finding/profiting from abandoned houses. Click on the “Awesome Products” tab in the navigation bar, scroll down, and you’ll see the link for more info.

    – Patrick

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Cherri

I really love learning from you and I thank you so much!

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Jt

Great info and I enjoyed the video. I love the additional “clauses” and ideas that would help the homeowner feel a little more comfy working with you. Thanks Chuck Norris and JP.

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raymond mintz

awesome video, much needed information….thanks and keep up the good work

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Pete

Thanks for Sharing

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Eugene Ninnie, PE, AIA, LEED AP

Good article

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DAVE

Great info on an options contract. Do ever use a Letter of Intent? If so, could you share that and how you use it?

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james

Great job, i look forward using the option contract.

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Stephanie

Thank you. Great info.

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Shirley

Thanks for the video explaining an Option Contract. Very helpful.

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Dave

Great content!

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Emory Farmer

Thanks for the options contract, For future giv-a-ways I like check lists.

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Ramona P Hernandez

Hello
I am 84 years young I have some experience in Realestate, but have been out of the market.I would like to try the options

Sincerely

Ramona

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Scott

I need to try it then I can give you directions to help people who are not technically inclined

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Vincent Brown

I really think you guys are awesome giving this away!

Best,

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Robert Everitt

Good stuff. A simple low tech offer tracking and follow up tool.

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Robert Caicedo

Please send a one page PURCHASE AGREEMENT, thank you!

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Vance Backert

A Tremendous offer and opportunity

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Robert Smith

I’d like more info on finding probate/inherited properties.

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Romeo Salvador

This option agreement is really great to have. You’ll never know when you need it.

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Tony

Great resource! How about some of the top rebuttals to creative financing offers

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Clinton

Cool video about options!

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Roger

Thanks for sharing and I’m sure you’ll be sharing other good stuff in the future

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Linda Rohlfing

Hi JP, I’m just getting started in RE Investing, and as you may know, once you start researching, downloading, “liking”, educating, you (i.e., me) get inundated with some good, some bad and some useless information from all corners of the world. I’m trying to streamline now, but I did “like” your page bc it seems you guys are genuine and truly want to help people. One thing that would be great is maybe a one-page roadmap that helps to get started in wholesaling. I’m doing Fix & Flips, but would like to venture into wholesaling soon as well. Thanks! Linda R

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Mike Sauerzopf

How about sharing a postcard that is market-tested? Thanks

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Frederick Smith Sr

Awesome video! I would like for you to share tips on what brings the most value to a home, when Rehabbing. Interior and exterior. Thanks!

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Jack Morehouse

Thanks for the Option Agreement!! I would love to see some of your online marketing materials in the future.

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Gary

Content of your information, and your Video, was neat, simple, clear, and did not drag on (as many do). For the future, there are so many areas, where I am confident you can assist with, so how about a review of Your Lease (Rent) with Option Contract, and expertise. Gary

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Bill Johnson

Thanks for doing this! The video explaining this was very understandable. Plan to put this in my tool chest!!

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Kahl McDevitt

Sean & Tracey’s “Abandoned Houses Secrets” is one of the most informative ‘hands-ON’ courses I’ve bought, J-P.

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    Patrick Riddle

    Thanks for your feedback on the course. That’s awesome to hear 🙂

    – Patrick

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William V

I like this simple Option Contract!

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Randy

Down money aquisition tips.

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Leonor Zarate

Thank you for sharing all your videos. I love all the information you provide. Can’t wait to download your Option Agreement.

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ben

thanks for the info look forward to working with you guys in the future Ben

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Don

Would love to get a tool to find properties, make offers, and sell to buyers without paying hundreds of dollars per month for a subscription.

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Mark

Looks good. Would like to see the Right of First Refusal clause that you mentioned.

Thanks!

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Jim Oh

Your option agreement video was superb. I wouldn’t mind seeing the due diligence check list you use on the homes you buy. I understand you are wholesaling so they don’t have to be in perfect shape, but there are still certain things about every property that make it either a “Yes” or “No.” Thanks.

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Ryan

I would love to hear your ideas on how to deal with uncooperative tenants living in a property you’re attempting to wholesale. I’ve found it difficult getting access to show the property as the tenants simply aren’t motivated to do so, in all likelihood they’re motivated to do the opposite so they can prolong dealing with having to move out.

I’ve pretty much gone to setting weekly appointments so the tenants know well ahead of time couple with ‘treat’ for cooperating on those appointment dates. I’ve ‘paid off’ tenants with everything from cases of beer every Friday (college kids) to gift cards to vacation packages (they cost me next to nothing) and of course straight cash for keys but I’m always looking for new, creative ways to get them to cooperate with me during the process.

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Debbie Mehlhop

Any info on handling probates? Like your approaches to education

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    Patrick Riddle

    Not yet Debbie but we’ll keep probate in mind for the future.

    – Patrick

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Sunny

Thanks for the contract in advance. I wanna know which US market is the best to find out great deals so I can move to that city.

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Patrick Riddle

Awesome post jp! The video was great 🙂

– Patrick

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Harry

Great presentation keep up the good work.

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Mario Dimacias

Awesome guys, thank you!

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darrell

step by step checklist will simplify and help to speed up success

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Eddie

ok I subscribe your Facebook . YouTube and email, last winter this year and I download some of your forms it’s very useful tools to use that’s great mr. Jp awesome thank yo. Hope for material in the future

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    Patrick Riddle

    Thanks for connecting with us everywhere Eddie!

    We’ll keep bringing the awesome.

    – Patrick

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Stephen

Thank you for the idea of using an option contract. I had never thought of that technique.

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Kevin

Great info, now I need to figure where to start

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Eusebio

Awesome Option Agreement something that I was waiting for

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Jim

Great info!! I’d like to see some of your most effective wholesale online selling ads.

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Andrew Mass

Sounds Interesting please keep me on your email list

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Dan

Great info, do you have anything on crowdfunding

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    Patrick Riddle

    We haven’t posted on crowdfunding yet. Keep an eye out in the future though.

    – Patrick

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Ed Buckner

Thanks! I can really use this.

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Daman Burrage

I would like an option to reach out to a live human once I have a deal under contract using these methods.

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Steve

Ways to develop and maintain a buyers list

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