I don’t often talk about Buy & Hold strategies on this blog.
But when I do…
It’s because I have something really USEFUL to share with you!
Check this out:
Here’s the link I mentioned in the video:
Let me know what you think!
Cheers
Matt
Would You Buy This Property?
One of my favourite things about the Ultimate Property Hub is the live Q&A calls where I help members assess their deals and make sure they don’t fall for a dud.
This week we had a particularly interesting deal.
As you’ll see in the video below – Owen (one of our Ultimate Property Hub Members) asked my feedback on a deal that, at first, seemed like a total no-go.
However… once we dug deeper, I was able to find several ways Owen could turn this project from something that would put him in the red…
… into a 23%-25% ROI home run!!!
Having an experienced investor look over your numbers… to make sure you haven’t fudged any numbers… and isolate the key factors you need to negotiate – –
Makes the difference between NEVER finding a deal… And finding cracker deals ALL THE TIME!
(That’s why I recommend you check out the Brisbane Property Adventure Bus Trip – – a full day “field trip” with property millionaire Nhan Nguyen.
Nhan will take you to half a dozen sites, and walk you though a complete feaso analysis right there on the spot!)
This video above proves: this is critical to your success!
In Owen’s case, going through this process with me helped him identify the actual problems he needed to fix in this deal to make it work.
This gave him the exact demands he needed to give the listing agent – and the confidence to walk away if the vendor says no!
Now Owen will either proceed with a better deal that can make him $103K… or he’ll reveal this deal is a dud, and walk away WITHOUT RISKING A CENT!
Either way, it’s a win. Watch the video now and you’ll immediately see how you can start applying the same process to assessing YOUR deals.
Remember, watching how pros analyse deals trains your brain to ask the RIGHT questions and look at things differently.
In many ways, it’s like going to the gym to strengthen a muscle.
And once you start working your deal-finding “muscle”… you’ll unlock access to deal… after deal… after deal… EVERYWHERE YOU LOOK!
It’s the easiest way I know to make money. (And the most predictable one, too!)
Watch the video now, and don’t forget to book your ticket on the Brisbane Property Adventure Bus Trip ASAP (early bird discount ends this week!)
Cheers,
Matt
This Deadly Poison Is A Property Investors’ Worst Nightmare
If your next reno or subdivision property was built pre-1990, beware:
It’s likely you have asbestos in the roof sheeting, the wet areas of your home (laundry, bathroom, kitchen), maybe even in an old shed out the back.
But the list doesn’t end there… Far from it!
You Can Often Find Asbestos In:
- Outdoor Toilets: Although strange now, back in the ’50s to the ’80s, outdoor toilets were a common feature in many Australian homes. And these toilets were often made with asbestos roofing. While new homes aren’t built with outdoor toilets anymore, demolishing the old ones is a tricky, dangerous, and potentially expensive task.
- Dog Kennels & Cubby Houses: Older dog kennels and kids cubby houses were often made from leftover building asbestos. (Can you imagine your precious children or pets breathing this poison in?!)
- Outdoor Pergolas, Garages and Retaining Walls: It’s often the exterior add-ons you forget about when you survey a property, so take a walk in the backyard and assess the area! Anything pre-1990 deserves your careful attention!
- Barbeques: Asbestos cement sheeting was often used to the underside of the barbeque or to support the ceramic tiles used around the barbeque benchtop. Oops!
- Electrical Meter Boxes: Did you know asbestos was often used in older-style electrical fuse and meter boxes? Electrical backing boards were manufactured containing asbestos as a fire retardant and to resist electrical arcing. And even boards with new digital meters and modern circuit breakers may still be mounted… on the old asbestos board!!!
Asbestos Won’t Just Kill Your Project… It May Very Well Kill YOU!
This horrid cement based material has already killed over ten thousand Australians since the ’80s. And cancer experts predict it will kill 25 thousand more in the coming decades.
But then again, you can’t avoid it!
Despite the phase-out initiated more than 30 years ago, and despite the total ban enforced since 2003 – – Asbestos is still pretty much everywhere.
There’s no way around it –
If You Invest In Property, You Need To Know The Right Way To Deal With Asbestos!
Otherwise, you might end up losing much more than just money.
Using active property strategies like Renovation, Subdivision and Development you are more than likely going to need to demolish a property at some stage… or at least shift it or renovate it!
It’s critical you learn how to remove asbestos properly.
Not Sure Where To Start?
Join the Ultimate Property Hub – the #1 secret weapon for part-time investors wanting to transform into a full-time, financially free investors as fast as humanely possible.
Take The $1 Trial Now!
Which is why I have requested asbestos expert, Brian Sketcher from Asbestos-Audits Queensland, to send us some of his best tips.
Here’s what Brian had to say:
This Video Literally Blew My Mind
How often do you surf the web and come across something that truly blows your mind?
Not very often, right?
Personally I rarely spend more than 5 mins a day on Facebook or YouTube because I know 99% of the time it’s a huge time waster…
But once in a blue moon… I discover something spectacular.
Something so powerful, it brings up emotions in me I can’t describe in words.
Something like this life-changing video:
P.S. This video is 31 minutes long… and trust me on this – – not only it is worth watching, you might want to watch it more than once!
I never had such clarity around my life as I do now – after watching this video. I URGE YOU to make the time and watch it now.
Nothing else is more important than what this video will give you. Watch it now and you’ll see for yourself!
If you’re really strapped for time, just have a listen to the last 5 minutes from 26min 35sec for some immediate inspiration on what’s important in your life.
Subdivision Costs WA: A Complete List Of The Costs You Need To Budget
“What are the typical subdivision costs in WA?”
This is one of the most popular questions I get asked when chatting to property investors. It’s second only to “how do I find a great deal?”
It’s a great question and was the reason I wrote the DIY Subdivision Kit and included it in the Ultimate Property Hub membership site.
Finding out those key expenses is not always easy, especially when you don’t know where to look or who to ask. So I figured why don’t I just share all the juicy details right here!
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