Hey Jeremy,

Your very welcome and thanks for the thumbs up :)

I think you will find there is no real hard and fast rule or formula when pricing a property. I believe a property is worth what someone is willing to pay. Having said this 25% above its current market value seems to be quite high (in my opinion), although if you think this is…[Read more]

Hi there,

I have just put a Lease with Option together last week and its funny you ask if 5 years is ok, as the Option I have just completed was a 5 year Lease Option.

Generally I would aim for a 2-3 year Option period although I find up to 5 years is still quite ok.

As for setting up a lease Option with the purchase price increasing with the…[Read more]