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Brandon Turner#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
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Lease Options - Who Pays For Big Repairs?

Brandon Turner#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Posted Dec 2 2013, 22:07

Hey Fellas and Ladies,

I'm working on an article about lease options and I'm not the pro at these, so I'm wondering:

If you do a lease option on a property, and the furnace goes out, there is a roof leak, or another fairly big issue - who pays for it?

If the owner... what if they don't?
If the investor... how do lease options even make sense, since big issues always seem to come up?


@John Jackson @Brian Gibbons @Bill Gulley thoughts? Anyone else a pro at lease options and want to jump in with thoughts?

Thanks!

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