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Discover the win-win property investing strategy that's delivering capital gains and positive cashflow profits... with no tenant hassles.
Here's your chance to benefit from 'The Wrap Kit' - Australia's most comprehensive vendor finance resource available and a product considered to be #1 by discerning investors looking for quality information at a budget conscious price.
UPDATE: 3rd November 2006 2:37 PM - 4 Wrap Kits added to stock
We have made up 4 wrap kits (actually we had 5, but we've sold one to someone who had one lost in the mail).
We have over 92 people on our waiting list (some have been on this list for months!). It is available on a first-in, best-dressed basis.
To be fair to those that have been waiting for some time we will still honour the "scratch & dent" price of $395 evenRow though these are brand new units.
NB: After these four are sold we are likely NEVER to reproduce this product. This is a retired product.
WARNING!! Don't pay $2,895 for a poor imitation - For a fraction of the price you can obtain Australia's original and best win-win guide to vendor finance written by and respected real estate expert and best-selling author Steve McKnight. If you want the wrap facts delivered in a no-nonsense way and at a realistic price then read on.
If you're looking for a creative investing strategy that offers cashflow and guaranteed capital gains then it's hard to look past a technique called 'vendor financing', which, when implemented correctly, offers attractive profits for the investor while also providing the opportunity to own a home for someone who would otherwise be forced to rent.
IMPORTANT! Let me be very clear... wrapping is not a fast buck, no-effort, magic pill solution for getting rich quick. It's a complex investing strategy demanding skill and expertise with substantial emotional and financial risks that can only be mitigated through appropriate education and guidance from a recognised expert.
About Wraps
The key to understanding wraps is to work through the two recognised methods for selling a property.
A cash settlement basis is the first option and is certainly the way that almost all property is sold. There are no surprises... as the vendor, you receive an initial deposit (say 10% of the sales price) at the time of signing the contract and then the remaining (90% in this example) is paid on settlement (usually 30 or 60 days time).
However a second and much lesser known method, called wrapping, also exists where the vendor provides the purchaser with finance for the balance owing (i.e. the 90%) rather than receiving a cash settlement payout.
Let's look at an example. Imagine Mrs Y has a property that's for sale at $150,000.
Mr. Z offers to buy the property on a cash settlement basis with a $15,000 deposit and the balance of $135,000 paid 60 days later on settlement.
Alternatively, Miss D would like to buy the property but only has $8,000 deposit, which is not enough needed to secure traditional finance. Mrs Y might still consider selling the property to Miss D on the basis of a $8,000 deposit and the balance, $142,000 being vendor financed and broken down into a series of repayments over an agreed period of time.
Why Would a Vendor be Interested in Wrapping?
Wrapping provides ongoing cashflow which can be used to fund financial independence.
In the case of Mrs Y, if she received a lump sum payout then she may place her profits in the bank earning 3% interest.
Alternatively, by 'financing' her profit rather than being paid out, Mrs Y could earn 9% (or more) interest which would amount to profit on profit, allowing her to maximise her return and speed up her wealth creation plans.
When done correctly, wrapping provides very attractive returns, 20%+, for a risk that can be easily mitigated by identifying and avoiding common pitfalls.
Is Wrapping Easy?
No! Don't make the mistake of believing that wrapping is as simple of finding a person and a property... it's a lot more involved that that! In fact, if you only plan to do one or two wraps then forget it - try something else; the return on your time won't be worth it.
However, if you are serious and committed, then you can build a wrap business that could, in only a matter of years, provide enough passive income for you to retire forever.
Just on that, some view wraps as a fast buck, no-effort, magic pill solution for getting rich quick. Don't be deceived, this is certainly not the case - it's a complex investing strategy demanding skill and expertise, which is why The Wrap Kit is over 350 A4 pages in length! It's the only resource that takes you through the A to Z of wrapping from a fully education based perspective (rather than hype) with the security of a well respected author and recognised expert.
What Are the Benefits of Wrapping?
First and foremost it's a low down investing technique meaning that you can get started with as little as $10,000 and in some cases evenRow less! This means that you can quickly kickstart your investing career without the need for substantial capital.
Second, because you take on the status of financier rather than owner all the oncosts (rates, taxes etc.) together with any repairs and maintenance are paid by the purchaser. No more tenant hassles or dealing with inefficient rental managers!
Third, you make a guaranteed capital gain day one. No guessing which way the market goes - a key benefit of wrapping is that you lock in a certain profit day one!
Fourth, the returns beat leaving your money in the bank! Yes it's hard work, but it's all worth it once you have a deal across the line and a 20%+ per annum return delivering ongoing passive income.
What Are the Risks of Wrapping?
It's a creative yet complex investing technique, which means if you don't know what you're doing then it's very easy to make an expensive mistake. Luckily you can reduce this risk by educating yourself with products like The Wrap Kit.
Another risk is the risk of default, which will happen if the purchaser default's on his or her purchase. Underpinning the quality of your wrap and the reliability of your cashflow is the quality of the person making the repayment.
That's why it is so critical to complete a thorough check over every potential purchaser as inevitably a lack of care in the initial stages will mean costly fixes later on.
The legal landscape is also very tricky. Wrap contracts must comply with State Sale of Land Acts and Consumer Credit legislation. Contracts that don't comply may result in a fine or evenRow risk being voided. It's vitally important that you invest the time and money to become aware both of the risks and also the strategies and procedures needed to comply with the law and reduce the chance that things will go wrong.
Steve McKnight's Wrap Kit
The Wrap Kit is a comprehensive and thorough resource that takes you through the A to Z of wrapping and encompasses best practice to ensure that your wrap contracts are done is a fair, transparent and 100% legal manner.
It is not a recipe for getting rich quick - it is a methodical and practical guide to successful investing written professionally as a learning resource with plenty of substance and not a hit of hype.
The essence of The Wrap Kit is to provide you with a proven automated approach to building a wrap business capable of handling multiple property transactions. It shows you, in grass roots detail, how to:
- Locate the perfect wrap property
- Find and qualify the perfect wrap purchaser
- Build a fully automated property investing business that doesn't require constant attention to delivery ongoing profits
- Manage the legals, marketing, accounting and administration
- Avoid the pitfalls and hurdles that will cause your wraps to fail
Sadly, there are many people running around trying to do a wrap without knowing exactly what they're doing resulting in an unnecessary waste of time and money, and the risk of being hauled over the coals for unsuspectingly ripping people off.
Yet it's so simple, once you know how, to do it the right way you'll easily be able to write multiple wrap deals and in doing so create financial freedom while helping others own a home.
Investing for Today's Conditions
Have you ever said to yourself, "I wish I could understand why some property investors seem to get the good deals while I struggle to make ends meet"? Or, "How can I benefit from wrapping when all the properties where I live seem overpriced"?
The Wrap Kit is the answer. Everything you need to know to master proven wrapping skills, together with understanding all the legal and accounting ramifications of wraps is outlined in great detail.
The result? Your new knowledge will open property investing doors that were previously closed to you. Opportunities will present themselves and you will be able to take advantage.
You'll be confident when dealing with agents, lawyers, accountants and people who want to be your clients. You'll be able to scan hundreds of property listings in minutes to filter out those properties that won't work and concentrate on those that will. You'll never again feel like a property investing outsider, as success will flow your way - and with less effort than you ever thought possible.
Included in The Wrap Kit:
Upon receiving The The Wrap Kit, you'll discover:
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Bonus Items
The Wrap Kit comes with the following bonus items:
Bonus #1: 12 Months of online upgrades (Worth $399) to ensure you have access to the most up to date information available. - no longer available due to the Wrap Kit is being discontinued.
Bonus #2: Gain the marketing advantage with the effective use of classified ads. It doesn't matter whether you are selling a house or the family car - this resource is jam-packed with clever insights to boost your profits. (Worth $199)
The Price
Imitations of The Wrap Kit sell for up to $2,895 - in fact, these poor cousins have actually shamelessly ripped off the proven content of this resource in an effort to copy the great content. Luckily though, quality shines through which is why The Wrap Kit remains the #1 choice of discerning investors.
Best of all though this comprehensive and information-packed resource is now available for the extraordinary low price of just $695 (plus Postage & Handling), which, when comapred to other options, makes this the best value for money wrap resource available anywhere! In fact, you may be wondering why so cheap...
Well, I'm sick and tired of hearing dreadful stories of how investors misuse the wrap technique, and when coupled with the ridiculous prices charged by some so-called experts, was enough to see me tackle the problem head-on by slashing the price of The Wrap Kit so that it remains affordable for all!
At this price I'm sure you'll find your purchase to be excellent value for money considering you'll receive a complete manual for successful investing, covering all aspects of the purchase, sale and administration of the wrap transaction.
Note: A payment plan is also available in some instances. Email: wrapkit@propertyinvesting.com with the words 'payment plan' in the subject line to find out more.
** STOP PRESS **
"Scratch & Dent" Price of $395 still honoured
We had previously offered a "Scratch & Dent" version of this product available for $395. As these are the last 4 units we're happy to honour the scratch & dent price of $395 (plus postage).
Summary of Value
| | Value | YOU PAY |
|---|---|---|
| The Wrap Kit | $2,998 * | $695 |
| 12 Months Upgrades | $399 | FREE |
| Classified Ad Resource | $199 | FREE |
| TOTAL VALUE | $3,596 | Now $395! |
* Competitors price
Money Back Guarantee
You're invited to purchase The Wrap Kit and test the value of the information secure in the knowledge that you have 30 days to review the material and, if for any reason you change your mind, you may return it to us for a full refund (excluding P & H)
This means you have a full month to discover the ins-and-outs of wrapping, put your wrapping questions to your accountant, solicitor or Steve McKnight (via the start-up mentoring included in The Wrap Kit) - or evenRow set up your first deal.
And, if after all that you decide that wrapping isn't your cup-of-tea, simply return The Wrap Kit for a full refund of your purchase price.
Final Words
Significant amounts of time were spent in writing The Wrap Kit to ensure it was thoroughly researching and expanded to become the most comprehensive real estate product possible. It's been assumed that you want to start a property empire, not dabble with one or two houses, and as such have outlined in specific detail how to handle and automate the process so that your success is a matter of choice, not a matter of chance.
Yes, The Wrap Kit's may seem like a significant investment, but if you follow the approach and take action, you'll recoup your investment many, many, many times over.
Do you have a question prior to purchasing? If so then please send it to wrapkit@propertyinvesting.com
