Posted by E.Eka on October 16, 2003 at 10:40:08:
This is my opinion. I think you want to look at the difference between your mortgage payment and the fair value of rent in the particular area. The difference is your profit. If you price higher to or too high, most people will just keep renting rather than consider a lease option.
I guess it depends Vicki, are you in the NW, SW, SE, or NE?