What’s the Difference Between a Lease-Option and a Land Contract? (Part 2 of 2)

by Vena Jones-Cox Question: I really don’t understand the difference between a lease/option and a land contract. Why would I want to offer a seller one as opposed to the other? -A.S, Atlanta Answer: The IRS also views these strategies differently. The seller in a lease/option treats the income as rent, reporting it on a [...]

5 Things I Wish Someone Had Told Me Earlier about Real Estate Investing… (Part 5 of 5)

by Vena Jones-Cox 5. You never get to the point where you know “enough”. When I had been in real estate for about 4 years, I figured I was pretty hot stuff. I knew all the basic strategies backward and forward; I’d done over 100 deals; I’d spent maybe 1,000 hours in classrooms learning more. [...]