Lease Option


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  • Good afternoon everyone,

    Is there a set amount of years you should do a lease option? Can you go over a five year term? This gentleman I’m speaking with later on today is not ready to sell his property. However, he is intrigued by the idea of me leasing the property from him and sub leasing it out. He is looking for cash flow. He doesn’t want to drive back and forth from Cali to check on his place.

    There is no set rule about how long a lease option needs to be. Get as long as possible or negotiate to get 3-5 years with the right to renew for another 3-5 years, etc etc.

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