Nov
08

Real Estate Investing – Is A Lease Option A Good Idea When You Really Want to Sell?

By
Chris Parks asked: Lease with option to buy: a lease option has a longer term than a straight option, usually running for as long as one year or longer. Some will even stretch to three years, depending on the whim of the seller. While your lease is ongoing, you can rent out the property and be in a positive cash flow. The second advantage is, the property is appreciating in value. If you have a long lease option, you can then sell the property for the highest price you can obtain. One last strategy for hot picks: be on the alert for long leases. Long leases will ensure that a property will be rented or leased for long periods of time, not just a year. Some commercial leases for example go for as long as 5 or 10 years. One example is the government. Take post offices as the best illustration. The government will usually rent space for post offices on a long term basis. If the property you are eyeing has government outlets like the post office, the automobile insurance board or the government-sponsored health centres, these buildings qualify as hot property! LOCATION! You’ve heard about the three principal parameters in real estate? One – location, two – location, and three – location. Take that with a capital “L”. One trick in looking for that pot of gold at the end of the rainbow is to buy the worst property in the best neighborhood, NOT the best property in the worst neighborhood. This is a cardinal rule that sophisticated inventors try never to break. If you are thinking about offering a lease option, check out: Insider’s Guide to Selling Real Estate investing in real estate
 

Leave a Reply

*

BUY A HOUSE

If you are thinking about Buying a Home, and this is your first home or you have purchased several properties, we are here to provide Information that every home buyer should know, before you look at the first home! Scottsdale AZ Homes For Sale

HOME SELLING

Thinking about Selling your home, if this is your First sale, or you have sold several properties before, we are here to help you by provide Information that every home seller needs to know before you decide to sell your home! Az Realty Results

REAL ESTATE INVESTING

Thinking about Investing in Real Estate? If this is your first property or you have made several purchases, we are here to help you by providing Information that every real estate investor needs to know before you decide to start your investing! Az Realty Results