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CHAPTER 3 Finding Motivated Sellers for Lease Options

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Motivated sellers are out there in every city, every town, every state. Finding them isn’t as difficult as it might seem – if you know which techniques work for attracting the attention of a seller who wants to work with you on a lease option.

I recommend looking for motivated sellers who have nicer homes that require little or no work. This way you spend less time working on the house and less time working to find a good buyer. Also, I like to focus around the median price range and above. In my area, in Michigan, the median price range is currently $120,000 to $170,000 – therefore I have focused on the $100,000 to $200,000 range (so a little below and a little above on each side). These nicer homes are much easier to resell on lease with options, and generally much more profitable than less expensive homes. It’s also a lot more fun working on nicer homes for more profit than dumpy homes in rough areas for less profit – especially when you can buy the nice ones for little or no money down. So how do you find these?

Sandwich Lease Options: Your Complete Guide to Understanding Sandwich Lease Options

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