Ok, let's talk lease options... - PropertyInvesting.com

Viewing 11 posts - 1 through 11 (of 11 total)

Scremin
Member
@scremin
Join Date: 2003
Post Count: 448
December 31, 2004 - 4:42 am
[lmao][bike2][drummer][party]
Well happy new year to everyone for tomorrow first of all!
I am very curious about Lease options as they seem easier to execute than wraps for the moment, here in WA. I need to do some more investigating about wraps in WA over the next few months before I’ll pay the money to get my license.
What I need to know, is there a lease option resource pack that people use for guidance? I have seen the “Australia Guide to Property Lease Options” by Phileppe Richert Jr on the financially free website, and wanna know if someone has used it?
[weird]Other than that, are there some other resources that people recommend to do with Lease Options? I have seen the Rick Otton version, but can’t quite afford the $1800.
Failing that, is there a forumite out there who can help with their knowledge?
Cheers
Steph.
Success is 1% inspiration and 99% perspiration.
Robbie B
Member
@robbie-b
Join Date: 2004
Post Count: 2,493
December 31, 2004 - 4:52 am
$1,800?????
I feel rorted! I was told more than $2,500!
Can you let me know if you find a cheaper pack that also contains information pertaining to NSW?
Maybe we could get a group discount?
Maybe Steve’s ears a pricking up and he can see a demand for the latest addition to his product offerings – A Lease Option Pack… preferably for a few hundred dollars!
Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au
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Comments made are of a general nature and should not be construed as individual advice.
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Scremin
Member
@scremin
Join Date: 2003
Post Count: 448
December 31, 2004 - 5:00 am
Robert, they seem to have a discount or something running on the website. I think it was $2500. I dunno, just seems a hell of a lot of money. I’m prepared to depart with a bit of money, but not THAT much…
Are there companies or departments that deal with Lease options inthe different states? I’m in WA.
Cheers
Steph.
I like educating myself, but surely there are cheaper ways of doing it…
Terryw
Participant
@terryw
Join Date: 2001
Post Count: 16,213
December 31, 2004 - 8:25 am
No need to buy any kits or packs. just do it! Talk to a solicitor and save some money.
one cheap Aussie book that I bought years ago was the Lease Option Handbook, for about $80. http://www.creativerealestateinvesting.com.au
Terryw
Discover Home Loans
Mortgage Broker
North Sydney
Click below to email me
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
Scremin
Member
@scremin
Join Date: 2003
Post Count: 448
December 31, 2004 - 8:59 am
Terry, that’s fair enough, but I sometimes feel overwhelmed when thinking about solicitors.
Do I just look through the yellowpages for Property solicitors or do they come under some other banner?
Steph.
Success is 1% inspiration and 99% perspiration.
Terryw
Participant
@terryw
Join Date: 2001
Post Count: 16,213
January 3, 2005 - 2:39 pm
Just ask here, what state are you in?
Terryw
Discover Home Loans
Mortgage Broker
North Sydney
Click below to email me
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
Scremin
Member
@scremin
Join Date: 2003
Post Count: 448
January 4, 2005 - 5:57 am
WA, Geralton.
cheers
Steph.
Success is 1% inspiration and 99% perspiration.
margotvs
Member
@margotvs
Join Date: 2004
Post Count: 1
January 4, 2005 - 12:00 pm
Hi Scremin,
I have just purchased the Australian Guide to Property Lease Options ebook from the financially free website for $77. However, I seem to be having some technical difficulties accessing it. Once this is sorted, I will let you know if its useful (fingers crossed!)
Cheers
Margot
Dumb
Member
@dumb
Join Date: 2005
Post Count: 1
January 5, 2005 - 3:02 am
Hi all,
I think we’re all looking forward to your investigations Margot. I’m in SA where we can’t do wraps so I too am very intersted in the legalities and structure of Lease options. Sorry Steve, but that was one area I certainly thought your books lacked content. Plenty of inspiring and tantalising great ideas, but no constructive information about the intricate workings of setting them up and implimenting them.
Hopefully this forum will lead us to the promised land of Lease option heaven.
Dumb[withstupid]
Dumb
Simon Tanner
jscott
Member
@jscott
Join Date: 2003
Post Count: 23
January 22, 2005 - 2:13 am
Why don’t you all ask questions here, then you can save money and not buy the different packs… The Australian Lease Options handbook is a good all-round intro to lease options.
DiCe
Member
@dice
Join Date: 2004
Post Count: 1
January 25, 2005 - 5:25 am
Originally posted by jscott:
Why don’t you all ask questions here, then you can save money and not buy the different packs… The Australian Lease Options handbook is a good all-round intro to lease options.
Mr