PROPERTY POWERMINI MASTER CLASS WITH HEIDI AND TONY

WELCOME TO THE MINI MASTERCLASS!

•WHAT’S YOUR BIGGEST CHALLENGE WHEN IT COMES TO PROPERTY INVESTING?

•WHAT ONE THING DO YOU HOPE TO FIND OUT MORE ABOUT TONIGHT?

•HOW MUCH DID YOUR PARENTS PAY FOR THEIR FIRST HOUSE (IF THEY BOUGHT ONE)

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WHY PROPERTY? WHY NOW?

• IT'S IMPORTANT TO TAKE ACTION RIGHT NOW MORE THAN ANY OTHER TIME

•THEY’RE NOT MAKING ANY MORE LAND + URBAN SPRAWL + IMMIGRATION

•ONE OF THE BEST WAYS TO LEGALLY MINIMISE TAX

•AS MONEY MARKET MAGAZINE SAYS: “NINETY-SEVEN PERCENT OF ALL MILLIONAIRES HAVE ACHIEVED THEIR FINANCIAL INDEPENDENCE THROUGH REAL ESTATE INVESTING.”

•  REMEMBER MCDONALD’S MAKES MORE FROM IT’S REAL ESTATE THAN ITS BURGERS BECAUSE THEY USE THAT REAL ESTATE AS EQUITY TO REINVEST

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WHY PROPERTY? WHY NOW?

•STATISTICS SHOW ON AVERAGE AUSSIE PROPERTY DOUBLES IN VALUE EVERY 7-10 YEARS (SOME TAKE ONLY 5 YEARS, OTHERS MAY TAKE 20 YEARS)

•DON’T WAIT FOR A PENSION – LIVING ON THE PENSION IS BASICALLY LIVING BELOW THE POVERTY LINE – DON’T BANK ON IT EVEN BEING THERE IN 20 YEARS

•SECURE YOUR CHILDREN’S FINANCIAL FUTURE – HOW WELL PLACED WOULD YOU HAVE BEEN IF YOUR PARENT SET YOU UP WITH A HOUSE FOR YOUR 21ST BIRTHDAY?

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KEY AUSTRALIAN PROPERTY FACTS•LESS THAN 7 OUT OF EVERY 100 OF AUSTRALIAN’S ARE PROPERTY

INVESTORS

•7 OUT OF EVERY 10 PROPERTY INVESTORS STOP AT 1 PROPERTY!

•9 OUT OF EVERY 10 PROPERTY INVESTORS STOP AT 2 PROPERTIES!

•SO ONLY 1 IN 10 PROPERTY INVESTORS BUY 3 OR MORE PROPERTIES

•BE ONE OF THE 1 IN 10 – REAL ESTATE CAN MAKE YOU MILLIONS

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WHY US?•WE STARTED INVESTING AS A HOBBY – WHILE IN DAY JOBS – SO CAN YOU!

• IN THE BEGINNING WE KNEW NOTHING – OUR PARENTS WEREN’T INVESTORS

•WE READ EVERY BOOK, ATTENDED SEMINARS & ASKED LOTS OF DUMB QUESTIONS– WE NEVER TOOK ADVICE FROM PEOPLE WITH NO EXPERIENCE EG: FRIENDS, ACCOUNTANTS

•WE BELIEVE THAT WHEN YOU HAVE CLARITY, INSIGHT AND FOCUS OF YOU INVEST WITH CONFIDENCE AND CERTAINTY IT ALLOWS YOU TO CREATE WIN-WIN DEALS

•WE BELIEVE IT IS NEVER TOO LATE TO PUT YOUR ASSETS TO WORK

•WE AREN’T GET RICH QUICK SCHEMERS – JUST AVERAGE AUSSIES CREATING WEALTH FOR OUR FUTURE AND A GREAT LIFESTYLE IN THE PROCESS.

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5 D’S TO A SUCCESSFUL INVESTOR MINDSET

1. DECISION – MAKE THE DECISION, DEFINE YOUR STRATEGY

2. DESIRE – BURNING DESIRE – KNOW YOUR WHY

3. DEFINE YOUR COMFORT ZONE – KNOW YOUR LEVEL OF RISK

4. DEAL MAKER – CREATE GREAT DEALS (NOT JUST GOOD DEALS)

5. DURATION – MUST HAVE PATIENCE, NOT GET RICK QUICK

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1 - DECISION – DECIDE ON A STRATEGY

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• GOALS – AGE & TIME IN LIFE & WHAT YOU HOPE TO ACHIEVE

•BUDGET – DISPOSABLE INCOME, BORROWINGS & FINANCIAL POSITION

•DECIDE ON PROPERTY MIX – POSITIVE CASH FLOW, NEGATIVE GEARING, GOVERNMENT HOUSING, INDUSTRIAL, COMMERCIAL, STUDENT & DISABILITY ACCOMMODATION, INTERNATIONAL INVESTING…

• DECIDE ON STRATEGY – BUY & HOLD, RENO & FLIP, NEW OR OLD

• DEVELOP A PLAN, DECIDE ON YOUR CRITERIA

2 - DESIRE

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• WHAT’S YOUR BURNING DESIRE

• KNOW YOUR WHY

• PROPERTY CAN BE TOUGH, IT CAN BRING UP CHALLENGES YOU HAVE TO HAVE A BIG ENOUGH WHY TO PUSH THROUGH THESE

• HOW LONG COULD YOU LIVE FOR IF YOU LOST YOUR INCOME FROM YOUR JOB?

3 – DEFINE YOUR COMFORT ZONE

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• WHAT’S YOUR LEVEL OF RISK YOU ARE COMFORTABLE WITH

• WHAT LEVEL WILL STRETCH YOU BUT STILL ALLOW YOU TO SLEEP AT NIGHT? (NOTE: THIS MAY BE DIFFERENT FOR EACH PERSON IN A COUPLE AND THIS CAN CAUSE HEADACHES)

• WHAT WILL GIVE YOU CONFIDENCE?

4 - DEAL MAKER

•KNOW HOW TO PUT A DEAL TOGETHER

•BUILD REAL ESTATE & TRADIE RELATIONSHIPS

EG: PROFIT AT PURCHASE

• BOUGHT FOR HALF PRICE

• COSMETIC RENO - $20K

• REVALUED 220% IN 6 WEEKS

• BUY & HOLD – OWNED FOR 8 YEARS

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5 - DURATION

• PROPERTY IS NOT AN OVERNIGHT STRATEGY (OUR APPROACH IS A 10 YEAR

STRATEGY)

EG: PURCHASE $250,000 – 80% LOAN ($200K), 20% DEPOSIT ($50K)

• IN 10 YEARS VALUED AT $500,000 LOAN STILL $200K

• NOW HAVE $300,000 IN EQUITY, BORROW 80% ($400K)

• PAY BACK $200,000 KEEP $200,000 FOR 2 MORE DEAL DEPOSITS

• IN 10 YEARS TURN ONE PROPERTY INTO 3 WORTH $1.5 MILLION

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CASE STUDY 1

• 12 MINTER CLOSE VALENTINE PROPERTY

• HAVE A LOOK OVER THE PROPERTY AND THEN WRITE DOWN:ALL THE POSITIVES FOR IT AS AN INVESTMENTALL THE NEGATIVES YOU SEE WITH THIS AS AN INVESTMENT

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CASE STUDY 2

• ERNEST STREET BELMONT

• HAVE A LOOK OVER THE PROPERTY AND THEN WRITE DOWN:ALL THE POSITIVES FOR IT AS AN INVESTMENTALL THE NEGATIVES YOU SEE WITH THIS AS AN INVESTMENT

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WHICH PROPERTY WOULD YOU BUY?

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1 2

WHAT NEXT?

•JOIN US IF YOU WANT MORE INFO AND SUPPORT FOR OUR PROPERTY POWER MENTORING PROGRAM

•14 WEEK HANDS ON MENTORING, GROUP AND 1 ON 1 ADVICE

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OUR AIM AS MENTORS• INCREASE YOUR CONFIDENCE TO MAKE THE BEST INVESTMENT

DECISIONS FOR YOUR PERSONAL SITUATION

•DEVELOP A PERSONAL 10 YEAR INVESTMENT STRATEGY THAT SUITS YOUR SKILLS, TIME AND EXPERIENCE

•BE SUPPORTED IN LAYING THE GROUNDWORK TO PREPARE YOU FOR YOUR PROPERTY PORTFOLIO GROWTH

•HOW TO BUILD A TEAM TO SUPPORT YOU IN MAKING IT A REALITY

• INSPIRE YOU TO BUILD YOUR WEALTH YOUR WAY & DEVELOP THE MINDSET OF A MILLIONAIRE

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WHAT WE’LL COVER•DEVELOPMENT OF YOUR PERSONAL INVESTMENT STRATEGY

AND AN IMPLEMENTATION PLAN INCLUDING TAX MINIMISATION

•UNDERSTANDING THE AUSTRALIAN MARKET, TRENDS AND OPPORTUNITIES

•FOUR KEY SILLS OF AN 21ST CENTURY INVESTOR

•DEAL MAKING – HOW TO TURN A GOOD DEAL INTO A GREAT DEAL

•OUR 10 KEY CRITERIA FOR CREATING A GREAT PROPERTY DEAL

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WHAT WE’LL COVER

•HOW TO MAKE OFFERS SUCCESSFULLY – THE DO’S AND DON’TS

•HOW TO PROFIT AT PURCHASE

•MANAGING PROPERTIES, TENANTS & TROUBLE SHOOTING

•RENOVATING ON A SHOESTRING – HOW TO MAKE THE MOST OF YOUR ASSETS SO YOU GET THE HIGHEST POSSIBLE ROI

• PLUS: LOADS OF TEMPLATES AND SWIPE FILES ON LEASES, TENANCY APPLICATIONS, LETTERS FOR RENT DEFAULT ETC

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1 OF OUR 10 CRITERIA FOR A GREAT DEAL ADDING VALUE – COSMETIC RENOVATIONS

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ADD VALUE

•LOOK FOR WAYS TO INCREASE RETURN ON YOUR INVESTMENT

•MORE BEDROOMS = MORE RENT

•EG: GRANNY FLAT, EXTRA ROOM, CARPORT

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ADD VALUE – KITCHENS, KITCHENS, KITCHENS• KITCHEN & BATHROOM RENOS ATTRACT BETTER

TENANTS - $4000 RENO

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ADD VALUE – BATHROOMS• KITCHEN & BATHROOM RENOS MEAN HIGHER RENT -

$1000 RENO

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PROGRAM STRUCTURE DELIVERY• INITIAL STRATEGY SESSION WITH MENTORS HEIDI ALEXANDRA

AND TONY

•WEEKLY ACCESS TO MENTORS THROUGH PHONE CALLS AND EMAILS – UP TO 3 PER WEEK

•3 X 2 HOUR WORKSHOPS WITH MENTORING GROUP MEMBERS FEATURING SPECIFIC ADVISORS TO HELP YOU GROW IN YOUR KNOWLEDGE AND APPLY IT TO YOUR SITUATION HOSTED HERE (PROPOSED DATES 12 AUG, 16 SEPT, 14

OCT)

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PROGRAM STRUCTURE DELIVERY

•3 X 45 MINUTE PRIVATE MENTORING SESSIONS TO ACTION YOUR SPECIFIC STRATEGY OR TO SEEK FEEDBACK AND ADVICE ON ANY POTENTIAL INVESTMENTS

•1 X ON SITE VISIT TO A PROPERTY YOU ARE READY TO MAKE AN OFFER ON BY YOUR MENTORS TO SUPPORT YOU THROUGH A DEAL (NEWCASTLE AND HUNTER REGION ONLY (OUTSIDE AREAS WILL INCUR A TRAVEL AT A NEGOTIATED COST)

•1 X SECRET PROPERTY VISIT TO AN EXISTING PROPERTY ON THE MARKET WITH FULL GROUP DEBRIEF (PROPOSED 4 OCT)

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QUESTIONS? DISCUSSION