[webinar] using a buyers agent to create equity on your next deal

Webinar: Using a buyers agent to create equity in your next deal

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This Presentation is produced for the purpose of providing information only. The information provided in this Presentation is not extended to constitute financial or investment advice, and it has not taken into account and has no knowledge of your relationship to the particular investment needs, objectives or circumstances (whether financial or otherwise) of a user of the information contained in this Presentation. Appropriate professional advice should be obtained prior to acting on any of the information contained in this Presentation.

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• Property investor for the past 10 years

• Supports 500+ subscribers• Personal experience with

renovations• Great amount of industry

experience

Dennis Wong

We help investors build and manage

their property portfolios

• 3,000 current subscribers• Mix of personal users, brokers,

buyers agents and accountants• 250,000+ members use us for

market information, calculators, investment news and updates

Real Estate Investar

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• Heavy investment in product

• Public company governance

• Strong and focused board;• Simon Baker – Former CEO of REA• Anthony Catalano – CEO of Domain

In partnership with…

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USING A BUYERS AGENT TO CREATE EQUITY ON

YOUR NEXT DEAL

With Ben Everingham from Pumped On Property

What will we cover tonight?

• What is a buyers agent.• How to research like a professional property investor.• How to scour thousands of property listings each week and

narrow the results down to a handful of opportunities.• How to find heavily discounted property and buy below

market value.• How to create short term equity in less than 15 minutes a

week.

• Lessons I’ve learnt from buying over $60,000,000 worth of property in the last 12 months.

We Love Questions!

USING A BUYERS AGENT TO CREATE EQUITY ON

YOUR NEXT DEAL

With Ben Everingham from Pumped On Property

What Is A Buyers Agent?

How To Research Like A Professional Property Investor.


Stage of the global property cycle - Phil Anderson’s – 18 Year Property Clock


Identify a market• HTW – Month In Review Report


Identify a suburb• Residex – Predictions Report


Understand the fundamentals• KPI’s


Understand the fundamentals• DSR Score


Understand the fundamentals• Sales history


Understand the fundamentals• Public housing, owner occupiers vs renters, flood, bush fire, etc.


I do all of this before I take a look at a single property on

realestate.com or Domain

How To Scour Thousands Of Property Listings Each Week And Narrow The Results Down To A Handful Of Opportunities?


Create a 5 year plan

Understand your next steps

Create a set of rules for each investment property you buy


Example

Create a 5 year plan

• Buy 1 investment property per year for the next 5 years.• Create $40,000 per year in passive income.• Create $500,000 in equity.

Understand your next steps

• Buy 1 investment property in the next 3 months


Create a set of rules for each investment property you buy

• Buy a house for under $500,000• Buy 5% below market value• Buy in a rising market • Buy in a market with an average historical growth rate of 5%+ and a

rental vacancy rate below 2%• Buy an un-renovated house on 500m2+ flat piece of land• Buy in a suburb where you can add a granny flat in the future• Buy a house with a 5%+ rental yield now and a 6.5%+ rental yield

after you add a granny flat• Buy within 1km of a school, 2km of a train station and 12km of a CDB

Need a hand developing a plan or understanding your next steps?

Book a one on one complimentary 60 minute Strategy Session with me later in this webinar.

How To Find Heavily Discounted Properties And Buy Below Market Value.


Manufactured growth

• Cosmetic renovations.• Structural renovations.• Building.• Sub-division.


• Motivated sellers• Owners selling their own property• Under performing agents – 90% of real estate agents earn less than

$50,000 per annum• Top performing agents• Agents selling property in an area that is not their primary focus• Properties that are listed too high• The State Government• The Public Trustee• Distressed land developers

How To Create Short Term Equity In Less Than 15 Minutes A Week.

Manufactured growth

• Cosmetic renovations• Structural renovations• Building• Sub-division


Cosmetic renovation


Structural renovations


Building


Sub-division

Lessons I’ve Learnt From Buying Over $70,000,000 Worth Of Property In The Last 2 Years.

Example - Capital GrowthMichele

• Sydney - NSW.• 3 bedrooms.• Unit.

• Purchase price 2013 - $640,000.• $120,000 renovation.• Comparable sales 2016 -

$1,200,000.

• Equity in 3 years - $440,000.

Example - Above Average Rental Returns

Jason

• Sunshine Coast - QLD.• 4 bed, 2 bath + 1 bed, 1 bath.• Dual income. • 859m2 land.

• Total cost (land + build) - $445,000.• Comparable sales - $515,000.• Equity on purchase - $70,000.

• Rent - $680.• Rental yield - 7.95%.• + Depreciation.

Example - Manufactured Growth

Ben

• Sunshine Coast - QLD.• 4 bedrooms.• House. • 359m2 land.

• Total cost (land + build) - $459,000.• Comparable sales - $570,000.

• Equity in 18 months - $111,000.

Example - Buying In A Rising Market

Luke

• <9km from Brisbane - QLD.• 3 bedrooms. • House. • 575m2 land.

• Purchase price - $405,000.• Comparable sales - $495,000.• Equity in 12 months - $90,000.

Why do we exist?

Who do we help?

We help two very specific types of investors over come their challenges…

Busy Ben

1 – 10+ properties

• Limited time.• Limited market knowledge.• Advisors.

Just getting started Ben

0 – 1 properties

• Lack of confidence.• Fear of failure.• Limited market knowledge.• Limited skills.• Overloaded on information.• Feeling of overwhelm.• Limited social support.• Average advisors.• No mentor or coach.

How can we help?

We help well educated investors buy property…

In rising markets.

At great prices.

With the potential to achieve long term capital growth.

With the potential to improve the rental return.

With the potential to make short term equity gains through manufactured growth strategies.

What do we buy?

Quality houses

Renovators

Build granny flats

Build brand new dual income property

Find and develop sub-division sites

Our process

Example – Capital Growth, Cash Flow, Manufactured Growth & A Rising Market

Anuk

• North Brisbane - QLD.• 3 bed, 1 bath + 1 bed, 1 bath.• Dual income. • 400m2 land.

• Total cost (land + build) - $465,000.• Comparable sales - $515,000+.• Equity on purchase - $50,000+.

• Rent - $570.• Rental yield – 6.37%.• + Depreciation.

Example – Capital Growth & A Rising Market

Sally & Rowan

• <10km from Brisbane - QLD.• 4 bedrooms, 2 bathrooms. • House. • 650m2+ land.

• Purchase price - $500,500.• Comparable sales - $530,000+.• Equity on purchase - $29,500.

• Projected capital growth – according to Residex - 6% p.a. for the next 8 years.

Complimentary Strategy Session.Book your complimentary Strategy Session with me here:

http://info.realestateinvestar.com.au/pop

I would love the opportunity to help you develop a clear investment strategy.

By the end of your Strategy Session you’ll have identified:

• Where you are right now in terms of your property investing goals.• Where you want to be by the time you retire. • The roadblocks currently holding you back from achieving your goals and

how to address them.• Your next action steps.


Audience poll

When are you planning on purchasing next?

Question Time.

Book your complimentary 60 minute Strategy Session with me here:

