Ep. 20 - The King of Lease Options-Mark Monroe
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Today’s show is full of great insights and advice on real estate investing strategies, specifically creative financing. You’re not going to want to miss this episode with my guest, Mark Monroe.
Mark has significant experience in the world of real estate and financing, as well as sales and marketing. He is a best selling author, developer, consultant, creative real estate investing expert and host of “The Real Estate Power Play” podcast!
Mark and I dive into just about everything he does - from his book and start in creative real estate investing to some of his recent deals and his best practices for a variety of situations.
Episode Outline:
(0:00) - Introduction
(0:46) - Introduction to guest Mark Monroe
(1:10) - Mark talks about his book “Creative Real Estate Investing”, his first deals
(5:37) - How Mark learned more about business, the numbers behind it and real estate
(7:36) - An explanation and example of a “sandwich lease”
(12:04) - Communicating with sellers as you are navigating different options
(15:27) - What’s the best response to sellers that a skeptical doing rent-to-own
(17:15) - Sandwich leases vs. assignment leases
(25:26) - Dealing with a property that needs repairs
(31:11) - The bad side of rent-to-own
(38:38) - What is subject 2?
(43:35) - What is the one metric that is critical to your business?
(45:27) - What book or resource do you recommend?
(49:55) - If you lost it all today, what would you do? How would you come back?
(51:31) - Episode wrap-up
Connect with Marty!
https://www.webuyhomesroc.com/
https://www.facebook.com/mjgrizzanti
https://www.youtube.com/channel/UCrsVPLpdX51HpHnmvNy_QKg
Connect with Mark Monroe!
https://www.linkedin.com/in/markmonroe/
And don’t forget to check out Mark’s book
“Creative Real Estate Investing: How to Buy Real Estate With NO Money and NO Credit”
Click here to purchase!
63 episodes