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  • Profile photo of RichardRadcliffeRichardRadcliffe
    Member
    @richardradcliffe
    Join Date: 2002
    Post Count: 2
    June 22, 2002 - 10:32 am

    hi Fergus,
    i like to do lease options in perth as our consumer cerdit code makes wraps a bit differcult , any way , the option to purchase and the lease are treated as 2 seperate items , and any rent credit you give should be noted on the option not the lease.also they should still get rent ass as they only have the option to buy not the obligation , they should also get the fhog if they applied when there ready to buy because up to that stage they have only been renting. cheers Richard

    Profile photo of RichardRadcliffeRichardRadcliffe
    Member
    @richardradcliffe
    Join Date: 2002
    Post Count: 2
    May 29, 2002 - 12:39 am

    hi Alf , maybe another way to go if your thinking about selling is to rent it out on a lease/purchase agreement , this way you could ask top price for it , get above market rent and option fee up front with the promise of a purchase sometime down the track, maybe this alone could be enough it make it positive, also if you give the tenant/buyer a 5 year option then you can increase the price to refleck this. cheers richard

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