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the buyout formula

Posted by nyhawk on July 23, 2001 at 23:05:19:

In Reply to: Re: LANDLORD OFFERING $$$ TO GIVE UP RENT STAB LEASE posted by me on July 23, 2001 at 00:56:58:

here is the secret buyout formula..........determine the profit the landlord will make in a month if you give up your rs apartment and he or she rents it at market rent (guess or have a real estate broker tell you the market rent for your rs apt.) in other words, determine the difference between your rs rent and the predicted market rent. then multiple that number by 24 (2 years) ''''''''that is MINIMUM buyout amount>>>>>>>good luck

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