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Hi, I'm trying to understand something with the lease option buy. I have a property where I put a tenant on lease option to buy for a year while they are improving their credit to be able to purchase. So when a year...
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I'm currently trying to market a lease option in Pittsburgh, PA. Its a duplex but I would like to lease option it as a single family. Would it be necessary to re-zone it as a single family home? Also, whats the best w...
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I have a L/O buyer who is super excited about the chance to own their own home through L/O. She wants to throw a party at her home showcasing the lease option program and to help some of her friends and family members...
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I'm a new investor and am getting ready to lease out my first property. Texas has a standard lease. My question is how do I add, or can I add additional items to the lease? As an example, I want to meet all tenants th...
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I live in an apartment building where someone was murdered last month and they haven't caught the guy (or woman) that did it. I need to break the lease but according to the agreement, I would need to pay $975 plus an...
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When you get a lease with an option to buy from a homeowner and then find a tenant/buyer, it's sounds a little weird when you bring out a lease and an option to buy contract. For one thing, I'm not even the owner; so ...
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This is more of curious question, not a real issue for me.
What would you do if you were utilizing a sandwich lease option on a house and the primary owner went into foreclosure? Or if you are the renter and have...
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Hey Folks - quick question for you.
We recently purchased a duplex, already with tenants.
The leases are up soon. My question is about how to handle the renewals:
1) Create a new lease.
2) Create an addendum to the ...
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I received an offer to purchase my home via a lease option/purchase. My dilemma is this, I am still indebted to my mortgage company for $92,000. The offer made to me was for $160,000, which is my asking price to sell ...
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I have a tenant who has decided to take a job opportunity out of the state and is asking to terminate his lease after only 5 months on a 12 month contract. I am trying to work with him and am offering these following ...