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Good evening everyone,
Where can I get a master lease agreement from?
Kenneth,
David Tilney teaches the ultimate rental program. He goes extensively into master leasing. In the mean time take your rental agreements and modify them. A master lease is nothing more than with a agreement with the Landlord, and the Tenant. It allows the Tenant to sub lease to an Occupant Tenant. I am assuming you are the Tenant wanting to sub lease to the Occupant Tenant. Your agreement with the Landlord can be for a fixed amount or on a performance basis of the Occupant Tenant. You can also make it a percent of rent collected. There is tons of stuff here at CFD on master leasing.Thanks Don I appreciate it. I’m working on a rent-to-own transaction. That is why I was asking. This will have a positive cash flow for me.
Once you get your paperwork together run it by me and I can proof it for you.
What is your email Don?
I don’t think Jackie wants me to give that out. If she does not care I will be glad to forward.
Ok. I understand
Here is how I’m going to setup this deal.
Seller side:
Price: $180,200
Option Consideration: 2k dn
5-year term with an option to buyBuyer side:
Price: $210,500
Option Consideration: $17,000
18 month termARV is between $208-$220
Maybe a few hundred to paint the outside. The inside is very nice. No repairs needed inside. I’m putting the property in a land trust.Let me know what you think
No Amortization. It is a Lease Purchase. The house is free & clear.
He wants $1000 a month. I will rent it out to my tenant buyer for $1500.
Don I would like for you to look over my agreement. I can’t upload it into CFD website can I?
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