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  1. michaelg

    wraps

    Reply: 4.1 From: Michael G Felicity, That's scary stuff, and I've heard worst. The first thing that comes to my mind, when I hear this, is "that's stupid". In Australia consumers have massive amounts of protection, and our courts can reverse anything on a whim. So I wonder what's the point...
  2. michaelg

    wraps

    Reply: 3.2 From: Michael G Tony, Thanks I appreciate this... 1. I created a spreadsheet, called the "wrap table" and posted it on this forum a while ago that shows how the numbers work. I've also written a little dity that explained the process in rhyme, that I got a lot of flak for too...
  3. michaelg

    wraps

    Reply: 2.1.1.1 From: Michael G Hi Anon, My partner and I have worked on six deals, the offer for mentoring was a way to make effective use of my time, while other things occur, thought it might have been better than just watching T.V. As for quality of presentation and attention to detail...
  4. michaelg

    wraps

    Reply: 2.1.2 From: Michael G Ray, The easiest way to offset the problem of discounted cashflow, is to ensure that the funds I get are utilised effectively. That is reinvest my income. I believe the book "The Richest Man in Babylon" speaks of golden soliders, creating golden soliders, etc...
  5. michaelg

    wraps

    Reply: 2.3 From: Michael G Vicky, Actually, the trick is to think about the system. Create checklists that cover each step and each exit of your plan. Now - you don't need a savy solicitor, what you do need is one which has the time for you, because as you start you'll have teething...
  6. michaelg

    wraps

    Reply: 2.2 From: Michael G Hi, Finding what you need in Sydney is not going to be the problem, the problem lies with the buyer's advisors who's job it is is to protect their clients. If you do not have a good system that allows you to back out of a deal if things get messy or provide enough...
  7. michaelg

    wraps

    Reply: 1.4 From: Michael G Colin, I'm happy to recieve your comments privately, just email me at [email protected] and I'll respect your wishes to have such remain private. I think there are causes for concern regarding the incorrect, or misrepresentation of what is offered. I also...
  8. michaelg

    wraps

    From: Michael G Hi, This post is directed to those who have heard of, or are interested in, wraps. I want to hear from everyone who has an interest in this investing niche. I am interested to learn what questions people have? also I'd like to know what people do and don't like about this...
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