Stop Renting Out Your Properties And Use A Lease Option!

"You Rent Out Your Properties To Make Money"

Benefits Of Having A Tenant Under A Lease Option.

This tells a potential tenant that by leasing your property they will have an opportunity to purchase it. The Option (purchase) price is typically market value and is decided upfront and put in the contract. The tenant puts down a non-refundable option consideration in place of a security deposit.  

Decreased Repair Expenses. They would have an agreement written into the contract that makes them responsible for maintenance and repairs. Alleviates most if not all landlord repair obligations.

Potential For A Nice Profit On A Sale. Typically the option price is market value or a little above, as long as it's not outrageously overpriced. Keep in mind that if you sell the house you would get full market value on top of the monthly cash flow you receive during the duration of the lease.

Higher Quality Tenants. They would be people who have the commitment of a homeowner and would treat it as their own. They move in and do everything as if they were the owner, maintenance and repairs are passed on to them. People tend to value things more when it's their own, and as a result take better care.

What You Need To Know.

Less than 30% of lease option tenants will actually exercise their option. But as a landlord you will have someone in your property who isn't just a renter. You will have someone who sees themselves as a homeowner and is the kind of person who's going to take care of the property. You will have less repair expenses and you will still own the property. If they don't exercise the option, you can renew the lease with the same terms or they can move. However, their deposit is non refundable and you can then get another qualified tenant under the same terms. You will continue to collect cash flow and you have had less headaches the entire time. 

What You Also Need To Know.

We get paid by the tenant. They are required to pay a non-refundable option consideration payment. Which includes our fee for service, along with your first month payment and non-refundable deposit payment. 

We hope this website gives you a good understanding of how this all works and helps you decide if it is for you. 

It's really siimple. We usually find a tenant within 5-45 days and that's assuming someone on our current list doesn't take it. Sometimes that happens in the first few days.