Seperate Utilities Or No
Greetings everybody,
Im interested in an income property relatively cheap, with a very good gross income. but because of the utilites such as gas and electric, there is a gap of $15,000 between the gross and the net operating income. Does anybody have an idea of how much would cost to have seperate utilities for each unit .
Thankx everybody
SofianeCT
Thank you LeaseOptionKing for your reply, the actual FMV jof the house is 55,000. and he will excersise his option within 6 months. How is the best way to structure this? Thanks in advance --EB
Lease Option King,
I have been reading alot of the post here about L/O , and was wondering when you say make the option and lease contracts separte, why is that. I am about to help my Son with one and need to know as much as possible.
Thanks !
Lease Option King,
I have been reading alot of the post here about L/O , and was wondering when you say make the option and lease contracts separte, why is that. I am about to help my Son with one and need to know as much as possible.
Thanks !