金融英语小短文

The Lease And Purchase Option

If

you

have

an

investment

property,

should

you

rent

it

or

sell

it?

The

answer

to

that

question

is

that

you

should

do

both.

If

you

have

lots

of

time on your hands and are handy with tools, you can choose to rent out

your

property.

However,

if

you

have

several

properties

for

rent,

maintaining them can consume lots of your time. You can choose to hire

someone

else

to

maintain

your

properties,

but

it

cost

you

money.

And

higher

expenses

mean

lower

profits.

In

addition to

investing

your

time,

finding good tenants for your properties is not easy. Tenants that choose

to rent usually do it for a reason. They are usually having credit problems.

In

addition,

most

tenants

do

not

take

good

care

of

your

properties

like

they would their own homes. And when things go sour, they can mess up

your

house

before

they

move

out.

Your

goal

is

to

find

good

tenants

to

rent

your

property,

transfer the

maintenance

responsibility

to

them,

and

create incentives for them to eventually buy your property. Including the

option

to

purchase

to

the

least

contract

can

eliminate

most

of

the

headaches

associated

with

maintenance

and

dealing

with

bad

tenants.

There are several other benefits to the lease and purchase option.

Because the rent is usually higher when you include an option to purchase,

this can eliminate most tenants only wanting to rent. People looking for

the

lease

and

purchase

option

are

those

usually

in

the

process

of

rebuilding their credit, or are saving money for their down payment. To

be fair, the duration of the contract should be between 2 to 3 years, long

enough for your tenants to rebuild their credit.