What is the Short Lease Investment Strategy?
The short term lease property strategy involves looking for properties which have a relatively short time left on the lease. These properties are typically ignored by the everyday buyer and hence can be bought at bargain prices. Eventually, a property owner can apply for an extension of the lease, which, in conjunction with any renovation work also undertaken within those two years, will drastically increase the property’s value.
Smart property investors, particularly those with enough patience, stand to earn serious amounts of profit from the short lease investment strategy.