Homeowners and investors can consider lease options as tool
Filed Under For Buyers, For Sellers, Home Owners, Investors, Landlords · Tagged: buy a home, home, home buyer, home buying, Home Owners, homes for sale, landlord, landlord education, new landlord, portland, portland oregon homes, portland oregon real estate, real estate, rental owners
As the owner of real estate assets that have been used and abused by the current market, I have had the opportunity to evaluate my long term goals. I have always used the business mindset with the belief that my rentals can pave the path to retirement down the road.
Have you evaluated your own real estate holdings? Are you the owner of a house you would rather see “sold?” Are you a landlord by default? Here is a thought – try renting the assets with a concurrent lease option. Who is it best for? This fits an existing investor looking for income, and anyone with a “due on sale” clause that has considered selling on contract.
There are many benefits to concurrent lease options, but they are not for the faint hearted. If you have a business mindset about owning a rental, this option could be for you. Contact me for a full article on this topic.
For more information and a private consultation on how to use your own real estate assets to your benefit, please contact me. We can discuss value, reasonable rents, concessions, capital improvements, and the prospect of increased cash flow with a lease option. The best business person does their due diligence and makes wise decisions based on facts. Now is the time to evaluate your real estate holdings with a long view.
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