What is the difference between a Lease Purchase Option and..

What The Heck is a Lease Purchase and Options ?

New Project

Bay Area Wealth Builders Speaking Gig

Lease Purchase Speaking gig in San Francisco

On February 17th, 2011 The Bay Area Wealth Builders Association welcomes back option investor and author Claude "The Mentor" Diamond with his new 2011 Lease Purchase Success System for California Creative Real Estate.

Claude believes in the following, which he learned from his Mentor Max:

"Why own when you can Control?"
"No more Tenants and Terlits!"
"You make your money, up-front, in every deal."
"Life is too short to drink cheap wine and drive a used Yugo."
"Sales, Marketing and Negotiation are the Million Dollar Skills."

Claude is a fellow California Investor, who for 26 years, has created a wonderful lifestyle working out of his homes thanks to creative real estate. He spends his time in San Diego, California, Winter Park, Colorado, NYC, NY (ya know) and Maui, Hawaii.

Claude will discuss Lease Purchase and wealth building Strategies including:
*How to profit up-front, every month and at the end of every deal with Lease Purchasing*
*How to create first class notes and generate passive income with options*
*How to consult in Creative Real Estate and generate consistent monthly cash flow*
*How to use his unique Arbitrage Strategy -"Get a contract and get out."*
*Sandwich Leasing-Assignments-Hybrids-Wholesaling and so much more*
*The G.U.T.S.™ Sales-Marketing Success System-Never make a cold call again and qualify the prospect in 3 minutes!*.
*The State of The State of California: When are we going to get our Sh*t Together?*

Claude is a person committed to improving the quality of peoples’ lives through the ancient art of One-on-One Mentoring, just as his mentor did for him.

His motto has always been "Success, One Person at a Time".

Claude Diamond is the author of the following books:
Lease Purchasing for the 21st Century©
The Lease Purchase Bible©
The Mentor Teaches Success©
The Mentor Teaches The G.U.T.S.™ Success System©
Consulting, Coaching and Mentoring in Creative Real Estate©
The Mentor and the Success Gauntlet© (coming in 2011)

He is also the publisher of The Lease Purchase Times© newsletter.
Note: Complimentary subscription for Bay Area Wealth Builders members, go to www.TheLeasePurchaseTimes.com.

Claude and his wife Claudia are the founders of the innovative Diamond Consulting Group. He specializes in One-On-One Mentoring and Success Training with his innovative G.U.T.S.™ Success Method.

Claude holds a degree in business and a Juris Doctorate in Law. He addresses investment clubs and corporations around the United States. He speaks at national seminars and conventions on the subjects of Lease Purchasing/Creative Real Estate, The New G.U.T.S.™ Sales System, Personal and Business Achievement and Wealth Creation. He is the creator and producer of several contemporary CD and DVD sets dealing with success. His most recent success novel "The Mentor, A Story of Success" is a best seller on www.Amazon.com and www.claudediamond.com.

Here's your opportunity to learn personally from the undisputed master of this Science of Wealth Creation, Personal Achievement and Peak Performance. Find out why so many people from all over the world have benefited from his unique One-On-One Mentoring Approach to Success.

The Success Chronicles Part 6

All the prospects you will ever need in 2011

Making money in Real Estate with A Lease Purchase

Making Money Before Christmas

MAKING MONEY BEFORE CHRISTMAS

Claude Diamond Said this Was the Ugliest House He Ever Saw!!!

I Love It!  This is a Beautiful House!!

Hey, don’t laugh!  I did this deal 18 days before Christmas.

I bought this ~1380sf house in Birmingham, Alabama as an REO (Bank Owned Property) from CitiBank at $5,250.00 and quickly sold it to an investor/buyer.  The great thing was I bought and sold it - sight unseen with just a bunch of photos from the local Listing Agent and a little research on the internet.  I had the listing agent send me photos of both the good and the bad of the property which I used in my advertising.  I also had him put a lockbox on the door and a sign in the window.  It took a little bit of work to find some good local Contractors and Handyman for some estimates for repairs.  My plan was to flip it without doing any repairs but leave it up to the Buyer with some good numbers and references.

The Tax Assessment value was $58,000.00 and it needed about $10-15K in repairs.

I sold it for $22,000.00 with $5,000.00 down and created a note for monthly payments of $161.00 for 15 years.  Notice the down payment I received was just shy of what I paid for the property!  But what I loved about this deal is I left money on the table for my Buyer to be able to rent-out or sell outright at a profit as well….a Win-Win!  A great way to do business.

I also sold it as an assignable deal to the investor with my approval on the new buyer.  If a Buyer defaults in the future, I will simply take the house back and start over and sell it again with a nice size down payment…after it has been fixed up!  And over the years it will appreciate in value from the low point from when I bought it.

Claude was an awesome mentor to me on this property and helped me through some of the “ins and outs”.  He especially helped me keep what I call a “balanced focus”.  A good mentor/coach is so important, even for the more experienced investors.  I would be more than willing to help others with mentoring as well.

It is ugly, but the little deals add up and are great for anyone.  The deals are everywhere right now, and you can easily make it a “Win-Win” for both you and the Buyer which is so important.

Some last words…don’t hesitate!  The deals are plentiful right now, just go out and do it, you will be well rewarded!  Don’t let anything get in the way of your dream.

   Chuck

Chuck Lidtka

Renton, WA

“Sprint to the End!”