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How does it work when you buy an investment property where the previous owner had an option to sell contract with the current tenant? Will the consideration payment be paid forward to me and then I am short an option ...
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My friend have been renting at the same apartment complex for 6 years. The apartment comes with patio, and the lease states that only patio furniture is allowed there. The clause is not enforced. He has exercise equ...
I am thinking about transferring my rental property in UT to my LLC. The credit union's (PFCU) Note and Deed have the following clauses:Note:If all or any part of the Property or any Interest in the Property is sold o...
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So super important question for you BP! I am thinking to Lease Option my primary residence when i move out of state - how much would you suggest i charge in excess to market rate to go towards the Lease Option purchas...
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I'm in an interesting deal and would love to hear your opinions.I have a $420k commercial building. A microbrew wants to move in and fix it up. After 3 to 5 years they want an option to buy up to 50% of the facility...
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I have an interesting deal that I'm looking at and need some guidance and advice. Here's the story:A tenant had a 3-year lease option to purchase his residence but was unable to exercise his option due to not having g...
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Hey guys,I'm 25 from Sydney, completed my Bachelor of Exercise Science (Sport and Exercise) and currently undertaking a postgraduate degree, Masters of Strength and Conditioning. The dream was to eventually work with ...
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Hi BP community!I need some guidance on how to get this rent to own deal going. I have a property in Tampa and I have found some tenants that are interested in doing a rent to own lease. Do I need to hire a RE attorne...
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Hello all,My apologies for the long title of this post. Hopefully I can explain it in a way that makes sense. My partners and I are currently sub-leasing a property that we have on a 4-year lease term. The lease inclu...
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I have a seller willing to do lease option but I’m not sure how to set it up.
What documents do it need ? lease & purchase agreement?
Is it even a good deal?
They want to set it up today before they list with ...