Lease Property or Purchase Property ?

makjava

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Any thoughts on which is the better way to go ----lease a piece of parking lot from a major mall or retailer or purchase your own piece of property to erect a drive thru building ?
 
Lease/Buy

Buy if you think you can easily sell the property and if the demographics are off the charts. Otherwise lease.
 
Gosh I wish I would have purchased the building I am in years ago. But, hindsight is 20/20 and I couldn't have afforded back then. If you can swing it, ownership is often more valuable then rent/lease. But, it is not a hard and fast rule.
 
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