Hey, what's up? My name's Samuel Leeds, and on this video, I'm going to explain to you
what a lease option agreement is. This is how I've bought properties using zero money,
and it's how I've actually created most of my wealth through property.
So, what is a lease option agreement? It's really, really, really simple. A lease option
agreement is when you buy a property now, so you buy it today, but you don't pay for
it for some time down the line, which is agreed between you and the seller. That could be
3 years, 5 years, 7 years, 10 years.
Now, why is lease option agreement so genius? The reason is, is because if you buy it now,
but pay for it in 10 years, well, on average, properties double in value every 10 years.
By the time you come to actually have to pay for it, it's doubled in value. On top of that,
in the 10 years, not only have you gained from all the appreciation of the property,
but you've also benefited from the monthly cashflow, because you buy it and become the
landlord as if you own it today, but don't pay for it for 10 years. So, it's absolutely
incredible. You might think, oh my goodness, but I've got to buy it in 10 years. No. You
have an option, not the obligation, to buy in 10 years, but the seller has to sell it
to you if you insist. That's how options work.
Now, the reason I say I've created most of my wealth through lease option agreements,
is because when I started, I didn't have any money. I couldn't get a mortgage, so I couldn't
buy a property. There were so many reasons why I was unable and unqualified to buy a
property and become a landlord. I didn't have the money was the main reason. But I got into
a property via lease option agreements.
Not only that, but now, today, I'm cashing in on all these properties that I now am releasing
my right to buy them with my option, and now, I'm buying them for 30%, 40%, 50% below market
value. So, that's what a lease option agreement is.
Who can do one? Anyone. You can be bankrupt and do a lease option agreement. These work
in England, but they also work in most countries globally, as well. So, I know people are doing
these in the states. How do you find people to pass you that property on a lease option
agreement? You find motivated sellers and tired landlords that just, their property's
a burden for them. But for you, it's an asset, because you are a property investor.
On the property investor's crash course, we literally find live properties and sellers
for people who would be suited to do a lease option agreement, but you won't come, because
you're a loser probably. Sounds harsh, but only 1% of people that watch these videos
actually take action, so prove me wrong. Don't be a loser. Don't be a bitch to someone else
working for a job forever. You can take yourself out the game, and say, oh no, I haven't got
the money, or ... No, no, no. Just take action. Come and meet me at the property investor's
crash course. Believe me, after meeting me for two days, you have any freaking excuses,
because if you can buy a house on a lease option agreement with no money pretty much
anywhere in the world, like, serious.
So, you're watching this video for a reason, so in the description, get yourself booked
onto the property investor's crash course. By the way, I'm not the only person doing
these lease option agreements. I just did a guy who was in The Daily Mail yesterday,
his name's Ian Patterson. He's bought 18 properties, 18 properties with no money on a lease option
agreement. He's now worth 2.8 million. That's his property portfolio, 2.8 million. He's
left his job, he's in the newspapers. He's one of many, many, many of my students that
are buying properties on lease option agreements this way using zero of their own money. So,
do the same, get the knowledge, implement, and I look forward to seeing you on the next
video. Thanks so much. Peace out.