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
4.8 • 2K Ratings
🗓️ 28 August 2018
⏱️ 9 minutes
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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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