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Updated about 8 years ago on . Most recent reply

Graham Nash's profile image
Graham Nash's profile image
Graham Nash
  • Investor
  • from Gray, Georgia
  • Member since Feb 29, 2016
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Graham Nash's profile image
Graham Nash's profile image
Graham Nash
  • Investor
  • from Gray, Georgia
  • Member since Feb 29, 2016
Connect
Graham Nash
  • Investor
  • Gray, GA
10
Votes |
38
Posts
Buying & Selling Real Estate

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

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Graham Nash's profile image
Graham Nash's profile image
Graham Nash
  • Investor
  • from Gray, Georgia
  • Member since Feb 29, 2016
Connect

User Stats

38
Posts
10
Votes
Graham Nash's profile image
Graham Nash's profile image
Graham Nash
  • Investor
  • from Gray, Georgia
  • Member since Feb 29, 2016
Connect
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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