Peter and Tony’s Aldinga Beach Deal

Our Top 3 Learnings:

  • Ensure you have a network of agents.
  • Chase up these agents regularly (weekly).
  • Do something (nice) to ensure the agent remembers you.
 
Mortgagee in Possession, agent selling on behalf of the mortgagee

Money calculation

Purchase price $260k
Expenses/ Reno $30k
Purchase costs $10k
Strategy – Flip Anticipated resale Price $340-$350k
Resale costs $8K
Profit $30-$40K

Property Developer's Guide to Success

Property Secrets of the 2%

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Property Developer's Guide to Success