Ultimate Workshop

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Ultimate Weekend Brilliant Workshop Ultimate Workshop 9-10 th April 2011

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Ultimate Workshop. 9-10 th April 2011. Disclaimer. The information, statements and opinions expressed at this workshop are only intended as a guide to some of the important considerations to be taken into account relating to property investment. - PowerPoint PPT Presentation

Transcript of Ultimate Workshop

Ultimate Weekend Brilliant Workshop

UltimateWorkshop

9-10th April 2011

Ultimate Brilliant Workshop

Disclaimer

The information, statements and opinions expressed at this workshop are only intended as a guide to some of the important considerations to be taken into account relating to property investment.

Although we believe that the statements are correct, they should not be taken to represent investment, accounting, taxation or legal advice and you must obtain your own independent advice from an appropriately qualified professional.

We do not accept liability for any loss, damage or other consequences that may arise as a result of any person acting on or using the information and opinions discussed in this workshop

Ultimate Weekend Brilliant Workshop

Welcome!

Judith Taylor

Ultimate Brilliant Workshop

Meet Your Brilliant Buddies!

• Welcome to the Beyond Brilliants team• Welcome to the 1st intake Brilliant 2011 team• Welcome to the 2nd intake Brilliant 2011 team• Welcome Special Guest Speakers :– Jenny Storey from Victoria • 26 properties in 28 months

– Debbie Williams from South Australia• Development Diva & Savvy Property Investor

Ultimate Brilliant Workshop

Making the most of this Weekend

• Listen, Watch, Read • Take Notes• Ask Questions• DO Participate• Have Fun!

“I hear and I forget, I see and I remember,

I DO and I understand” ~ Confucius

Ultimate Brilliant Workshop

What to expect this Weekend

– It’s Informal – It’s Practical, Practical, Practical!– You will be involved in Teamwork– You will be Masterminding– You will have FUN– You may even win a Prize!

Ultimate Brilliant Workshop

Who to expect this Weekend–Presentations today :• Rachel Barnes – Focus on Strategy• Jenny Storey - Finding and Researching Deals• RP Data & PIA - Research & Analysis Tools

–Presentations tomorrow:• Kerrie Anne Bailey – Understanding Tax• Debbie Williams - Creating Brilliant Deals• Melanie MacDonald - Creating More Options & Negotiating Brilliant Deals

Ultimate Weekend Brilliant Workshop

Focus on Strategy

Rachel Barnes

Ultimate Brilliant Workshop

Confused

‘Do It Later’

Rush ….work hard

Un-productive

Stressed!

Without Focus

Ultimate Brilliant Workshop

Clarity

‘Do it Now’

Work is easier

More Productive

Happy

With Focus

Ultimate Brilliant Workshop

What we’ll be Focusing on This Weekend

• How to Structure the deal for tax and asset protection

• How to Create Brilliant deals

• How to put together a proposal for Partners

• How to Negotiate … so that you GET the deal!!

• How to Research an area for investment

• How to find a property in that area

• How to use some research and analysis tools

• How to put together a proposal to a Lender

Ultimate Brilliant Workshop

Real Deals to be made this weekend !

Looking for good deals …• A good deal of rent• A good deal of equity • Or a good deal of both!

Ultimate Brilliant Workshop

What makes a Good Deal?3 VIP considerations for investors:1. How much are you putting IN to this

investment?– The less the better!

2. How much profit will you get OUT of the deal?– The more the better!

3. How much TIME will it take? – The quicker the better!

Ultimate Brilliant Workshop

Where do you Focus First?

Ultimate Brilliant Workshop

Ultimate Brilliant Workshop

Review 6 Basic Strategies

3. Sub-Dividing– Getting a block of land for free!

4. Developing– Small, medium or large / selling off the plan

1. Buy and Hold– Positive / Negative / Neutral

cash flow2. Renovation– DIY / Project Manage / Delegate

Ultimate Brilliant Workshop

Review of the Basic Strategies cont.

5. Trading– Buy & Sell / Contract & Assign to other with profit

6. Lease & Option / Wrap / Rent to buy– Buy now & promise to sell to purchaser later (You

are the Vendor)– Lease now & option to buy later (You are the

Purchaser)

Remember every Strategy has pros and cons – And some require more ‘work’ than others….

Ultimate Brilliant Workshop

There’s Patient / Passive Investors• Usually Buy and Hold• Look for ‘off the shelf’ properties• Prefer none / minimal work• Often using Property Managers• Often wait for capital growth– And/Or Profit at Purchase

Ultimate Brilliant Workshop

Then there’s Impatient / Active Investors!

• Happy to do some ‘work’• Sometimes sell to get profits

now not later• Looking to create not wait

for capital gain / equity• Looking to create not wait

for higher rental / income

Ultimate Brilliant Workshop

Creative Strategies for Passive Investors

Properties with potential and often with property management!

• Rent by the room• Boarding House • Furnished• Holiday letting• Multiple Unit dwellings

• Granny flat / blocks

Commercial potential

• Car-parks• Self Storage Sheds• Strip Shops / Retail /

Commercial / Office• Industrial / Rural

Ultimate Brilliant Workshop

Creative Strategies for Active Investors!

• Renovation• Add a room UMR• DIY Management:• Rent by the room• Furnished• Holiday letting

• Strata/community titling• Re-locatable homes

• Sliders• Build at the back (rear lot

development)

• Development• Rezoning• Sub-division• Commercial

development

Ultimate Brilliant Workshop

Whatever your StrategyWhen you’re looking for deals….Remember the 3 VIP Investors issues:-1. How much IN2. How much OUT3. How much TIME

Ultimate Brilliant Workshop

What Strategy Suits You?

Ultimate Weekend Brilliant Workshop

UltimateWorkshop

9-10th April 2011