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13 June 2018 | 26 replies
If she still refuses after you explained her role .
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29 June 2018 | 12 replies
This ends up being the same thing financially in the end for the buyer if they end up exercising their option to buy.As the seller, this ends up netting out the same as rent credits...if the buyer exercises their option.Now, if the buyer doesn't exercise their option, the seller gets full income from the full rent each month.
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1 July 2018 | 11 replies
Is that more playing the role of bringing the cash to the deal?
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24 June 2018 | 8 replies
I slowly began to re-seat myself back in my corporate role changing companies and being promoted providing that false security again.
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25 June 2018 | 3 replies
The manager role of the LLC can be passed on to your heirs to insure that the next generation can repeat the process.
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25 July 2018 | 19 replies
I am sitting here with my $10.00 Casio calculator and I suggest you try the same exercise.
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27 June 2018 | 5 replies
This is the only scenario that clearly benefits the original owner but the benefit is typically only some high rent amount.In summary, the downside for the current owner is so much greater (loosing out to huge appreciation) and more likely to happen (historically the appreciation has been outstanding) than the upside (that the tenant does not exercise the option and the owner has been able to collect higher rent than a traditional rental).I did know a couple of tenants in San Diego that had a lease options.
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2 July 2018 | 24 replies
You must exercise your Option before or when the person you sell to exercises their Option or pays you off.
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29 June 2018 | 18 replies
@Jay Hinrichs yes our number one goal is for the tenant to exercise their option to buy the property.
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2 July 2018 | 10 replies
I recently did my first deal and BiggerPockets played a significant role in giving me the confidence to do it.