Lake Wales (FL) commercial apartment / condominium building for lease, Lake Wales (FL) commercial real estate for lease or rent

A Lake Wales apartment or condominium building for lease may be available from an owner in Lake Wales (FL) who doesn't want to sell because of tax reasons, and doesn't want the continued responsibility of day to day running the operation. Understand the motivation of the Lake Wales (FL) owner and make sure the numbers work.

Lake Wales rental properties make a great investment income, but having to pay large down payments for Lake Wales (FL) property can eat up capital you may need for future repairs or Lake Wales (FL) property improvements and developments, by utilizing a master lease option you can save the up-front costs, build equity into your Lake Wales (FL) property and finance via bank loans at a later date. Have a good lawyer write up your real estate contract to protect your future plans, and research the Lake Wales (FL) property for any bank holding or liens.