Summary: In this episode, we’ve got a super-smart expert in the arena of Lease Options. Not only does Jesse Mills do tons of lease option deals in Minneapolis, he’s also a mortgage broker. And what does that mean? It means we want to know everything he can offer us about lease options because he knows them inside and out from different perspectives. Lease options have always been one of my favorite strategies… So today, we’re gonna cover a ton of helpful info including why having a title company and broker help you with lease options is the smart way to handle them; the importance of having a paper trail; the importance of seller disclosures and inspections on lease option properties; all the awesome benefits to the seller of lease options and the benefits for the buyer… and so much more. Seriously, this episode is jam-packed… enjoy! Listen and enjoy: What's inside: 3:123 – Why Joe thinks Lease Options are awesome 5:13 – Jesse’s history with REI and the mortgage industry 7:52 – Why Jesse thinks Lease Options are awesome 15:00 – Why having a mortgage broker is super helpful with lease options 20:45 – What exactly a Lease Option is 25:35 – The one thing Joe requires of his lease option tenants 30:05 – The lease option benefits for buyers 34:22 – How Jesse decides whether sell a contract or assign/wholesale it 44:34 – How long Jesse usually expects his lease option tenants to buy 49:05 – Why Jesse thinks Dodd Frank does not apply to lease options 53:57 - How you can find a mortgage broker in their market to do lease options 58:50 – Jesse’s email address and phone if you want to reach him Mentioned in this episode: Joe’s Automated Wholesaing Webinar (Webinar is now closed. Please<a title="Case Study" href="https://my.leadpages.net/leadbox/148846e73f72a2%3A9446a4313/5771822402371584/"> click here</a> to receive Joe's free wholesaling lease options case study) Jesse’s contact info: <a href="mailto:jesse@homesolutionsgroup.net">jesse@homesolutionsgroup.net</a> and 612.326.0345 Tweetables: [Tweet "You can get a lot of data these days (like comps) and you don’t have to be an agent to do it "] [Tweet "Instead of renting out a property, lease options are a great way to sell properties"] [Tweet "Only put people in a lease option house who can afford the house & can realistically get a mortgage"] Transcription: <a href="http://www.realestateinvestingmastery.com/wp-content/uploads/2015/01/093-REIM-Everything-You%E2%80%99ve-Ever-Wanted-to-Know-about-Lease-Options.pdf" target="_blank">Download episode transcript in PDF format here...</a> Joe: Welcome! This is the Real Estate Investing Mastery Podcast. Hey, everybody. Welcome! This is Joe McCall. Real Estate Investing Mastery Podcast. Got a cool show for you. I'm excited about this. And, Jesse... Jesse Mills is our guest and he's going to be on here in just a minute. Just a few little housekeeping things, I want to let you know, if you go to realestateinvestingmastery.com, you can get our Fast Cash Survival Kit. We've talked about that a lot before and you know what's in there. But, it's a... It's a great little kit to get if you have questions about how Alex and I do our wholesaling. How we find, hire, all of our virtual assistants and how we train them. And, it's really cool. I think you're going to get a lot out of it. Second thing is, I'm looking right here online for our reviews. We've been getting a lot of good reviews on iTunes and we appreciate that. And, just wanted to read a few for you here. This is from Podcast consumer, "Best place for new and immediate investors. They have great content. No need to go and get some expensive course and coaching when new and even a little bit of experience. I'm always picking up new ideas." Good. And this is from J. Valcourt, "Superb, Hey, guys. The information you share in your podcast is the best around. No doubt about it. One question that I've been asking myself for a while now,
