The Lease Back program is a 3 year program, but anyone can opt out of it at any time ( not locked in ) and most important, the owner will still be able to use the unit at his or her discretion ( call me for details on use ). Conrad does offer a more traditional "shared income" program which is also an option.
"Lease Back" Program ( Studios & 1 Bedroom )
Year 1 - 3 8% guaranteed
- 4% - Maintenance, Real Estate Taxes, Utilities (water, electricity, internet, tv)
- 4% - net income (profit)