410 likes | 478 Views
Finding Cracker Property Deals In A Hot Market Advanced Property Strategies Nhan Nguyen www.advancedpropertystrategies.com. Welcome. DISCLAIMER .
E N D
Finding Cracker Property Deals In AHot MarketAdvanced Property StrategiesNhan Nguyenwww.advancedpropertystrategies.com
DISCLAIMER The 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.
Property Millionaire Tip: You Don’t Go Broke By Not Doing The Deal
When Starting Choose 2-3 Suburbs
Look For A FREE Block Of Land
Full Time Council Worker Finds Free Block Of Land & $140k Profit!!!
The Numbers Purchase Price $275,000 Build Price ~$280,000 Renovations $20,000 Contributions, Stamp Duty, Legals, Strata Titling, Town Planning, Council Application Fees, Agents Comm, GST, Holding Costs ~$152,000 Total Cost Base = ~$727,000 Worst Case Selling Price 3 x $280,000 = $840,000 Best Case Selling Price 3 x $320,000 = $960,000
Add Another Bedroom By Adding Some Walls Basic Renovation
Real Deal - Camira Option/Renovation
Kitchenette Bed 6
Option Price $270,000 Option Fee $3,000 Renovations $4,000 Sale Price $306,000 Agents Comm $8,500 Profit in 60 Days ~$20,000 Cash On Cash Return: 300%
Recently Rezoned Areas That 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 = MP385 X 3 BEDSOR 108 X 2 BEDS Zoning??Non-Urban?? Asking Price ~$1.1 Million Value With Approval Up To $2M