What happens when Lease Option Tenant Buyers don't refinance you out of the house during their Option time frame? Well today, I'm having to take back a house that I should NOT be taking back. My Tenant Buyer did not close during their 3 year Option, and we couldn't agree on a new price based on the market appreciation. So, they consequently decided to move out. They gave me two ways they could leave: 1. Pay them for all the work they did to the property or 2.They could rip out all the work they did and leave. Notice the condition they left the property and further how good they were as tenants.

👉Join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: https://aw8d9fb.aweb.page/p/6cca7548-...

👉Learn my 15 ways to get started investing in real estate: https://the-real-estate-roundup-com.m...

👉Want to sell me a house in Hampton Roads: https://www.hamptonroadshousebuyers.com/

👉Hire my "GEEK SQUAD" for your leads: https://go.motivatedleads.com/ppl-1?r...

👉Order your copy of the Barron's Real Estate Guide: https://amzn.to/47bSWHy

👉NEED FUNDING? Find out if you qualify for up to $250k in Business Credit Lines: https://www.fundandgrow.com/webinar-r...

👉Get the #1 real estate investing software: http://trial.propstreampro.com/kris/

👉Need a "We Buy Houses" website that's already optimized: https://carrot.com/pricing/?fpr=3685

👉Claim your FREE copy of "The Real Estate Negotiating Bible" FREE download: https://aw8d9fb.aweb.page/p/b73d42ae-...

00:00- Intro
1:03 - I had to take back this house I sold on a lease option
1:53 - What work did this tenant buyer do to the property
3:30 - They built a bar and a porch in the back of the house
4:53 - We sell houses to tenant buyers
5:35 - Let's break down the numbers on this lease option house
7:00 - What happens when lease option buyers don't refinance
8:03 - How do you set a price for lease option tenant buyers
9:10 - There is a hole in the side of the house-Exterior Inspection
10:40 - What repairs do tenant buyers do on lease option deals
12:05 - #him500 Quote that helped me with this deal
12:55 - What do you do when Lease Option tenants move out
13:38 - I made a bad decision that lacked integrity

👉My video gear:
Sony camera: https://amzn.to/3vHXqnA
My camera lens: https://amzn.to/3CvSVjJ

Follow Kris on Social media:
Instagram:   / kris.haskins  
Facebook:   / kris.haskins.7  
Twitter:   / kriz1204  

#leaseoptions #tenantbuyers #Takebackleaseoption #creativefinance    • Lease Option-tenant buyer-rent to own...