All Topics / Creative Investing / NEW WRAPPER NEEDS HELP

Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of gavellegavelle
    Member
    @gavelle
    Join Date: 2005
    Post Count: 8
    May 11, 2005 - 2:54 am

    Hi everyone,
    I’ve just purchased the wrap kit and have finished reading it. I am really keen to know of anyone who lives in the south eastern suburbs of Melbourne or other parts of Melb who is using Steve’s techniques to wrap and would be interested in contacting me just so I can get to know some people. Maybe you can offer me advice etc. The people in our area that are wrapping are using the oppositions ideas. I am finding it a little daunting trying to sort how to start out.
    Thanks Michelle

    Profile photo of buzzwellsbuzzwells
    Participant
    @buzzwells
    Join Date: 2005
    Post Count: 83
    May 12, 2005 - 9:04 am

    I’m in Sydney – never been to Melbourne so I can’t help you there.

    However, I would start with a solicitor who knows about wraps. There are specialist property solicitors in the world who have experience with this.

    Once you have one of these on your team working for you then the rest could be easier – finding a property, a buyer, and then stitch the contract up using your solicitor.

    Good luck!

    Learn, Love, Strive. Make a difference!

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    May 12, 2005 - 10:16 am

    gavelle

    Happy to help out by answering wrap questions if you want to email me.

    We currently have 187 properties where we have provided a form of vendor finance so like to think we now our stuff.

    Cheers Richard
    richard at castlewhite.com.au
    Email me for details of our Qld wrap CD which gives you a full Installment Contract.

    Richard Taylor | Australia's leading private lender

    Profile photo of FWFW
    Member
    @fw
    Join Date: 2002
    Post Count: 478
    May 13, 2005 - 2:51 am

    Michelle
    You probably won’t find anybody in Melbourne using Steve’s techniques to do wraps in Melbourne. Steve likes to see the wrap repayment being the same or less than the persons’s current rent payment. Basically that’s impossible in Melbourne unless you’re subsidising them to an enormous extent. That’s why Steve and his students have focussed on regional areas.

    Keep smiling
    Felicity 8-)

    Profile photo of gavellegavelle
    Member
    @gavelle
    Join Date: 2005
    Post Count: 8
    May 13, 2005 - 2:52 am

    Thanks for the replies and the advice.
    MichelleG

    Profile photo of gavellegavelle
    Member
    @gavelle
    Join Date: 2005
    Post Count: 8
    May 13, 2005 - 3:02 am

    Hi Felicity8,
    I understand about the technique, I was actually trying to find contacts who wrap themselves but live relatively close to myself which is in S.E Melb. If you know of anyone and they would be interested please let be know.
    Thanks Michelle

    Profile photo of FWFW
    Member
    @fw
    Join Date: 2002
    Post Count: 478
    May 14, 2005 - 6:07 am

    Michelle
    Your best way to meet wrappers is to check out the wraps association http://www.financewraps.asn.au and go to a meeting (next one scheduled for Thursday 21st July).

    Keep smiling
    Felicity 8-)

    Profile photo of gavellegavelle
    Member
    @gavelle
    Join Date: 2005
    Post Count: 8
    May 17, 2005 - 2:59 am

    Hi Felicity,
    thanks for the tip I;ll give it a try.
    Regards
    Michelle

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