Description

In today's podcast, Mark highlights the essential elements of purchase lease options.

Mark stresses the significance of opting for lease options of less than seven years to avoid excessive paperwork.

When dealing with landlords, it is crucial to identify their concerns and address them effectively. One can offer incentives like paying for solicitors and legal fees to make the deal more attractive for them.

To diversify your property portfolio, you can mix various types of properties, such as HMOs, service accommodations, and commercial units. This strategy can help you grow your profits and scale yourself.

If the landlord faces financial difficulties, offering to pay the mortgage and additional costs can help alleviate their financial stress and increase the chances of securing the deal.

Always remember, that you want to be the solution to the landlord's problem.

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