RPC

Benefits to Lessor Lease option tenants (Lessee) will generally tend to treat or take care of the house better since they will soon own the property compared to a tenant of the house. They will generally keep the house clean, take care of the flooring or carpet and will clean it more regularly and will generally take care of minor repairs too. Lessee may under the terms of the lease option be required to take or assume the minor repair or maintenance works as they will assume ownership of the property someday.

Rich dad forbade the words ‘I can’t afford it.’… Instead, rich dad required his children to say, ‘How can I afford it?’ His reasoning, >the words ‘I can’t afford it’ shut down your brain. It didn’t have to think anymore. ‘How can I afford it?’ opened up the brain. >Forced it to think and search for answers.” Lease Option strategies are one such creative tool that allows you to invest in properties with little or no money down.