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The Property Podcast

ASK151: Are lease options really a win-win? PLUS: How long will my cash be tied up for?

The Property Podcast

Rob Bence & Rob Dix

News, Education, Business, Investing, Business News

4.82K Ratings

🗓️ 28 August 2018

⏱️ 9 minutes

🧾️ Download transcript

Summary

It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Malcolm & David ask Rob & Rob... Are lease options really a win-win? PLUS: How long will my cash be tied up for?... ASK YOUR OWN QUESTION TO ROB & ROB! Don't be shy! All you need to do is leave a message with your name and whatever's on your mind. Just pick up the phone and call 013 808 00035 (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hi, I'm Rob.

0:03.6

And I'm Rob.

0:04.6

And this is Ask Rob and Rob.

0:06.2

Howdy everyone and welcome back to Ask Rob and Rob where you ask us questions and we give you answers, same format every

0:15.0

week, you kind of know it by now.

0:16.7

And also the way you get involved is pretty easy too if you've listened to a few of these.

0:21.0

But we'll remind you just in case. Yeah it's as simple as giving us a

0:23.7

call on oh one three eight oh eight triple oh three five that's oh one three eight

0:27.8

eight oh eight triple oh three five leaves a voicemail there or do exactly the same thing

0:32.2

but by going via the Property Hub.

0:34.0

dot net slash ask. Right while you're mulling over what you're going to ask us let's have a

0:38.5

listen to our first question today this one's from Malcolm.

0:43.0

Hi Rob and Rob Malcolm here from Doncaster

0:45.0

thanks for the hard work you guys have been doing over the years

0:48.0

taking time to support so many of us in our quest to become financially free

0:51.0

I have two questions one One, how come you guys have not got your own TV show yet?

0:56.3

And secondly, I've just read a book by Samuel Lees. He writes about lease option agreements,

1:02.3

where you agree on a set price for a property, but instead

1:05.6

of buying it there and then, you pay nothing for the property, rent it out and give a percentage

1:11.3

of the rent to the original owner, and then after a few years you pay for the property at the agreed price.

1:17.0

He says this is a win-win for everybody.

1:19.0

The buyer gets a house for nothing and can start renting a property out straight away and the seller

...

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