How to Make Money With Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property....Without the Burdens of Ownership!

A complete business plan, including several complete checklists for starting, running, and building a "real estate option investment" business. Includes information about "straight options" and the correct way to invest in "lease-and-option" deals. Author Lucier includes links to his websites that are now defunct, probably because the book was written over 10 years ago and he is now retired. The overall information about options is still very relevant, as well as crucial to investing profitably while reducing risk. Author Lucier wrote book from his own perspective as a "lone ranger" running his business by himself without employees, only retaining the services of independent contractors on an "as needed" basis. The business model is scalable by retaining well-trained consultants, virtual assistants, and leveraging technology. Investing in real estate options is not get-rich-quick, and requires focused dedication to build the business systems for implementing these strategies. You can start small with low-cost options on low-priced (at least 20% below current fair market value), and grow your business by pyramiding (re-investing) your profits into larger deals, snowballing your gains. There is no upper limit on your income with this business model when you are dedicated and laser-focused.The forms are not too big to manually copy them, or if you have the kindle version, then you can use copy-and-paste. If manually copying the forms or buying the kindle version is too daunting for you, then stop now. You don't have the motivation, dedication, or focus needed for this business model.

I purchased this book awhile back and had a question for the author, he stated many times how accessable he was and to send him an email. He never replied.He had some good info of course. I'm not a complete newbie in Real Estae investing as I've done 12 deals so far in the year and a half since starting.I have done a few options with single family homes. I locked these houses up with a $2-$10 earnest fee. I was concerned with this author putting down thousands of dollars as an option fee on vacant commercial properties. Seems to me these distressed sellers sitting on a vacant property that need repairs and upkeep would be motivated to have their property sold thru an investor with a minimal deposit.Then he reccomends getting a regular job to save up enuf monies to put these big deposits down to option these properties.I suggest finding properties that dont need big deposits. Unless, you can afford it, its a a big risk to a beginning investor.

I have dabbled with real estate for years usually making good money and sometimes being hammered (like with the last crash in the RE market). But overall RE has been good to me. Be that as it may, I have lost enough to know that I wanted to minimize my risk while still having plenty of upside potential. Real estate options are a vehicle to accomplish this goal. Thus, I started educating myself on the subject and found this most excellent book. Mr. Lucier is thorough and detailed and relates the reality of what it takes to profit (not like some of these dreamweaver real estate gurus who like to sell you on how "easy" it is).What I am saying is this book is for you if you are truly serious about mastering RE options.Daniel HallAuthor & Real Estate Investor

Very informative and down to earth. This is not a get rich quick scheme, it's a career building guide. Build an interesting career day by day.

Real estate options are a very little used tool in the business, possibly because many people confuse them with land contracts. RE Options are nothing like land contracts, in a land contract you are obligated to buy. In an option you have the option of purchasing at a preset price. A number of examples are given and this is a well written book for people who have never attempted this. I recommend this book to all RE investors and Realtors.

This book was recommended to me. I like Thomas Lucier as a real estate author and he used his background in investing in real estate to write this book. You can tell he has substantial experience in this area. This is a good addition to anyone expanding their real estate knowledge. I am sure I will re-read this book and implement some of these strategies over the next twelve months.

I don't know, I thought this seemed like a great idea. And maybe in some markets it is. In Philadelphia, it's different from the authors home of Florida and I just didn't get anything out of reading this book. When he says options are a little known used RE tool, he ain't lying! After reading Mr. Lucier's book I realized that this was a concept that was completely impractical for me. Some of his stories about finding warehouses that sat vacant for years, cleaning the floor and a coat of pain and voila! $25000 profit, well, they just seem totally out there to me. If you think you can make a go of it, yes, it takes little money but this concept is seldom used and not going to work in many places.

Everything was put forth in a step by step manner. This is not no money down, requires on average several thousand to get started, so keep that in mind.

WARNING: This book is geared for people wanting to do real estate deals in the US. So if you're in the UK, this may not be of use to you.I learned about options through another source and it just gave a very basic description of how to transact a deal. But this book provides A LOT more information, examples, sample forms and documents, how to avoid pitfalls, etc., and really educates you in doing this kind of real estate transaction. After looking inside other books that talk about options, just by skimming their table of contents I can tell that they won't provide the kind of practical, useful information this book has. Highly recommended.