Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago,

User Stats

58
Posts
3
Votes
Shelley Alterman
  • Jacksonville, FL
3
Votes |
58
Posts

Tenants want to Buy

Shelley Alterman
  • Jacksonville, FL
Posted

I am a licensed  realtor/property manager. Two of my tenants have expressed an interest in doing a lease option on their homes. The owners have also expressed an interest in doing a lease option with them.  I am not sure how to do this deal since I am already in a working relationship with both parties.Do I just collect a option fee to put the deal together and get out of the picture  or is there a better way I should structure the deal? These tenants are already in a lease with a agreed upon rent for example lets say they are currently paying  $1000 a month. Does their rent go up say $100 and they put a 3% option fee down. This way the owner is getting $100 more a month plus not paying a management fee and I get the option fee?  Suggestions appreciated. 

Loading replies...