All Topics / The Treasure Chest / Steve’s wrap pack

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  • Profile photo of ProfiteerProfiteer
    Member
    @profiteer
    Join Date: 2003
    Post Count: 29
    August 14, 2003 - 9:06 am

    Hi all

    Just wanting to know, does Steve’s Wrap pack cover lease options in depth or is there other educational material available that I should consider obtaining…..Also, where or who is the best place or person to obtain contracts for lease options from?……Or, is there a educational pack that contains all of the contracts etc to get you started?

    Kind regards

    Magnum [:)][:)]

    Profile photo of williwilli
    Participant
    @willi
    Join Date: 2002
    Post Count: 186
    August 14, 2003 - 3:01 pm

    Howdee….

    1.Steve’s WRAP pack is purely on WRAPS. It is currently undertaking ‘renovations’ and will be back on the market in a month or so I believe.

    2. Any solicitor should be able ot draw up a lease/option for you

    3. There is a thing called ‘The Australian Lease Option Handbook’ floating around, but I can’t remember where to get it…sorry

    Pete

    …Beware of the dreamtakers…

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    August 15, 2003 - 2:46 am

    There is not much to lease options. The contracts are just a lease wtih a separate contract for the option. You can have the option strike price decrease just like a PI loan over 30 years if you wish. In that sense, it will be almost the same as a wrap.

    Terryw
    [email protected]

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

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