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A Real Deal In The Current Market. How Did I Find It?

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Presentation on theme: "A Real Deal In The Current Market. How Did I Find It?"— Presentation transcript:

1 A Real Deal In The Current Market

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3 How Did I Find It?

4 What Trees???

5 How Did I Secure It?

6 Why Did I Want A Longer Settlement? How Was I Able To Get Long Settlement?

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8 How Did I Know I Could Develop It Into 9 Lots?

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10 Town Planner Civil Engineer Builders Real Estate Agents Mentors Finance Broker Valuer Accountant Solicitor Your Team Is Critical To Your Success

11 Sell As Vacant Land Or Build?

12 Why Did I Stage The Development?

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18 Summary of Figures Purchase Price $835,000 Costs (Construction, Stamp Duty, Legals, Contributions, Holding Costs GST, Commissions etc.) $685,000 Total Costings~$1,520,000 Total Sales 9 Lots $2,100,000 Profit before Tax ~$575,000 Yield ~40%

19 What? No Money Down? How? Bank Funding $668,000 Investors $680,000 (Small Profit Share) Total Raised $1,360,000 Rest of Project Costs (eg GST and Agents Commission) were paid from settlement proceeds

20 To Be Wealthy You Need To 1.Have A Plan 2.Be An Area Expert 3.Have At Great Team 4.Be An Ongoing Student 5.Do Things With Leverage 6.Do Things With Velocity

21 Good Luck!


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