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Updated almost 6 years ago on . Most recent reply
Rent hacking: suggestions on negotiating sub let option in lease
Greetings to all my fellow BP members.
I've decided I need to bootstrap myself into real estate investing, and the first step is likely to be rent hacking a single family house. One aspect I'm likely to face is negotiating a sub-let option. Colorado law seems to fairly neutral on the topic but I understand many property owners are wary. Are there any suggestions on finding agreeable landlords or things I might offer in trade for sublet options?
What are a owner's greatest concerns around allowing sub lease options, and how might I address them?
What are effective enticements to owners, how do I identify them being of value to that person and properly valuing a negotiated item.
Thank you to all that offer a reply!