Hi there,
Does anyone know anything about property options? We were thinking of implementing this as one of the investment strategies in our portfolio. We have just started off "testing the water" in the property investment world. Any comments on the risk management and returns?
Regards
Yes, heaps of posts here.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Hi Mac
Welcome to the forum. We all hope you enjoy your time here.
As Terry says, if you do a search, you'll find many posts regarding options. You'll find two main thread types for options. They are:
1. Using options to secure property, while you secure a DA and possibly do a development, or
2. Use options to buy (control) and sell property, as part of a Vendor Finance strategy.We have built our Vendor Finance business using options, instalment contracts, vendor financed mortgages and joint ventures. Risk management has improved over the years. Mainly because we've become more competent
and because there is more legislation attached to the business and this has helped weed out the cowboys.As far as returns go, Karen & I live off our business and it also supports our buy and holds. A few web resources that may help in your search for information about options and vendor finance are:
https://www.propertyinvesting.com/strategies/wraps
https://www.propertyinvesting.com/strategies/lease-options
http://www.jvpropertypartners.com.au/index.php?option=com_content&view=article&id=50&Itemid=75
http://www.vendorfinancelawyer.com.au/
http://www.vendorfinance.asn.au/ The Vendor Finance Association of Australia
http://www.vendorfinanceinstitute.com.auCheers, Paul
Paul Dobson | Vendor Finance Institute
http://www.vendorfinanceinstitute.com.au
Email Me | Phone MeAn alternative way to finance your home.
and because there is more legislation attached to the business and this has helped weed out the cowboys.You must be logged in to reply to this topic. If you don't have an account, you can register here.
