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Transcript of Welcome
Finding Cracker Property Deals In A
Hot MarketAdvanced Property Strategies
Nhan Nguyenwww.advancedpropertystrategies.com
Welcome
DISCLAIMERThe information and strategies contained in this presentation/publication are
provided by the author and/or publishing company as generalizations which they have formulated. They are not offering the information and strategies as financial, accounting, legal, investment, and/ or tax advice, and are not offering the advice as advice to be relied upon. Readers, viewers and purchasers must obtain specific financial, accounting, legal, investment, and/or tax advice from their professional advisor. Any testimonials included may not represent typical results. The results obtained by following the strategies will vary, according to the skill and experience of the user, and therefore are not guaranteed. Specific experiences and past performances do not guarantee future results.
This presentation/publication and its presenters do not offer any financial advice. Nor do they recommend that the information contained in this presentation/publication be construed in any such way. The producers and presenters/publishers insist that any financial action taken by, (or on behalf of) the purchaser or viewer of this material, is at the INDIVIDUALS OWN RISK and PROFESSIONAL, FINANCIAL AND LEGAL ADVICE should always be sought, when relating to matters of this nature.
My Parents Had Nothing
I Grew Up In Housing Commission…
My First House Gave Me…
$21,000,000.00
Property Millionaire Tip:
You Don’t Go Broke By Not Doing The Deal
1. Become An Area Expert
When Starting Choose 2-3 Suburbs
2. See the Invisible
Do You Have Vision?
Some Invisible Property Strategies
Look For A FREE Block Of Land
Seek & You Will…
Full Time Council Worker Finds Free Block Of Land & $140k Profit!!!
I Love Housing Commission!!
Site Plan
The NumbersPurchase Price $275,000
Build Price ~$280,000Renovations $20,000
Contributions, Stamp Duty, Legals, Strata Titling, Town Planning, Council Application Fees,
Agents Comm, GST, Holding Costs ~$152,000Total Cost Base = ~$727,000
Worst Case Selling Price 3 x $280,000 = $840,000Best Case Selling Price 3 x $320,000 = $960,000
Another Invisible Property Strategy…
Add Another BedroomBy Adding Some Walls
Basic Renovation
Real Deal - Camira
Option/Renovation
Bed 6
Kitchenette
Option Price $270,000Option Fee $3,000
Renovations $4,000Sale Price $306,000
Agents Comm $8,500Profit in 60 Days ~$20,000
Cash On Cash Return: 300%
Recently Rezoned AreasThat Agents Have No
Idea About
Advert Reads….
• Executive living on 1.5 acre land within 16 km to the city limits
• This extra large house was built in 2001 and is situated on a fenced block of Over 6000 square meters.
• This property situated in an elevated position offers: * 4 large bed rooms plus a study room with built-ins**Large living or rumpus area combined with modern kitchen, dining area, opening to a large entertainment area at the rear* 3 lock up garages with ample space for storage
Zoning = MP3
85 X 3 BEDS
OR
108 X 2 BEDS
Zoning??Non-Urban??
Asking Price ~$1.1 Million
Value With Approval Up To $2M