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Updated almost 8 years ago on . Most recent reply

User Stats

38
Posts
10
Votes
Graham Nash
  • Investor
  • Gray, GA
10
Votes |
38
Posts

Lease with the option to purchae

Graham Nash
  • Investor
  • Gray, GA
Posted

I'm about to place a new tenant in a property that I would like to sell within the next year. I'm sending him the lease in the next week. I would like to offer an option to purchase, but I've never done this. 

-Do I put a purchase price in the lease now, or wait for the year is up, to use most recent comps?

Any additional thoughts are appreciated.

Take care, Graham

Most Popular Reply

User Stats

38
Posts
10
Votes
Graham Nash
  • Investor
  • Gray, GA
10
Votes |
38
Posts
Graham Nash
  • Investor
  • Gray, GA
Replied

@Christopher Phillips That's great advice. Thank you for taking time out to share with me. 

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