View
241
Download
0
Category
Preview:
Citation preview
How to find, research and analyse subdivision opportunities
Thanks for joining us… Audio has not yet commenced. Please ensure Your speakers are on, volume is up and not on mute.
You can test your audio in the control panel of the Go To Meeting software, under audio preferences.
• Heads up membership services team at Real Estate Investar
• Team of 6 Portfolio Managers
• Supporting 2,800 subscribers
• Manages the Premium & Concierge Service
• Building and implementing property acquisition plans
Logan Horstead
• Services all subdivision deals in Australia
• Property Investor 20+ years
• Personal experience in subdivisions
• Very specific knowledge around the subdivision process and how to conduct feasibility studies
Justin Hams
• Property investor focused technology company founded 2006
• We help simplify Real Estate Investment
• We help property investors make the most of their investment portfolios
• 250,000+ investors subscribe to our free membership, news and market reports
• 2,800 current members
• Mix of personal users, brokers, buyers agents and accountants
Real Estate Investar
ASX:REV
• 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…
Our mission is to provide property investors around the world with the best advice,
guidance, products and services to enable them to create wealth through property investment.
Search
Analyse
Acquire
Track
Account
Poll: When are you looking to purchase next?
Notes for the presentation• The purpose of what we are going to
show you is to demonstrate the REI tools
• While we cover a lot of the things that should be done during feasibility studies this is by no means everything that needs to be considered
• There is plenty of great content available on line and checklists you can source for free
• Always consider your personal financial circumstances and the implications of things like GST and CGT
• Seek advice from a professional!
• Identify an area based on your budget
• What is the general cost of the subdivision in that area
• Take time to understand the time it takes to complete
• Is this actually the best strategy for you
• What is it you are trying to achieve
How do we do it?
• Typically will require $600k-700k to complete (Brisbane, Logan, Moreton Bay)
• Typically will require $500k-$600k to complete (Ipswich)
• Typically will require $750k-$1M to complete (Greater Sydney region)
• Typically will require $600k-800k to complete (Greater Melbourne region)
Typical cost by area
• Typically will require $85k-$100k to complete (Brisbane, Logan, Moreton Bay)
• Typically will require $80k-$90k to complete (Ipswich)
• Typically will require $70k-85k to complete (Greater Sydney region)
• Typically will require $50k-65k to complete (Greater Melbourne region)
Typical cost of the subdivision by area (1 into 2 lots)
Poll: Where are you purchasing next?
Where do you start?
Checklist• What can you borrow?
Poll: Would you like a free borrowing capacity check?
Checklist• What can you borrow?
• Use Investar Search to find an area with suitable block sizes
• Take time to familiarize yourself with that area
• Understand land sale prices and check demand for land using Pricefinder
• Proximity to population centres can be a big plus
• Check the local council websites for planning maps and minimum lot size information
Real Estate Investar’s Pro tools
Investar Search
Investar Search
Search Results
Search Results
Search Results
Aerial Shot
Search Results
Planning Alerts
My Valuer / My Research powered by PriceFinder
PriceFinder Property Report
Interactive Maps
Interactive Maps
Interactive Maps
Zoning
Lot size requirements
Check utilities
Energex Infrastructure
Sewage & Stormwater Infrastructure
Possible division (1 into 3 lots)
350sqm
700+sqm
350sqm
PriceFinder Sales Data
PriceFinder Sales Data
Land Sales
House Sales Data
House Sales – Under 750sqm
New block approx size (700+sqm) $340,000
Purchase Price $499,000Stamp Duty $?Subdivision cost $?Total costs approx $?
Sell block x 2 (@$215,000 each) $430,000Sell Existing dwelling $340,000
Cash after sale $?
What do we know so far
Stamp duty calculator
Mock up feasibility (1 into 3 lot)
Mock up feasibility (1 into 3 lot)
Feasibility (1 into 3 lot)Mock up feasibility on 4 Macaranga St, Marsden
Purchase CostsPurchase Price $499,000Stamp Duty $ 17,201Legals $ 2,000
$518,201Development Costs
DA/Engineering/Approvals $ 20,000
Sewer $ 20,000Water $ 10,000Stormwater $ 10,000Telecommunications $ 15,000Infrastructure Charges $ 56,000
Plan Registration, Legals, etc $ 5,000
$136,000
Total Investment Cost$654,201
Purchase Price $499,000Stamp Duty $17,201Subdivision cost $136,000Total costs approx $654,201
Sell block x 2 (@$215,000 each) $430,000Sell Existing dwelling $340,000Total sales $780,000
Cash after sale $115,799
Mock up feasibility
Special offer - realestateinvestar.com.au/save50
Special Webinar Offer – Casual Subscription $99 per month
Normally $149 per month – Save 33%
REI Tools
Poll: Would you like a call to discuss the Pro tools?
Our mission is to provide property investors around the world with the best advice,
guidance, products and services to enable them to create wealth through property investment.
Common investing challenges
• Don’t have the time
• Don’t have the knowledge or confidence
• Can’t find the right investment property
• Not sure what to buy
Poll: What is your biggest challenge with investing?
Options to overcome challenges
• Engage a buyers agent
• Engage an educator / mentor
• Attempt to do it yourself anyway
• Don’t do anything
Issues to consider
• Will you get the right investment property given your circumstances and goals?
• Are you guaranteed an outcome?
• What are the risks?
• Will you be able to identify potential issues if you are not aware of the signs?
Introducing the REI Premium Service
• Full service to assist you into your next investment property
• Property plan / strategy that will tell you what you can purchase and what you should purchase based on your financial circumstances and goals
• Purchasing plan to include acquisitions across existing stock, house & land, apartments and townhouses
• 48 hour first option on all new release property deals Australia & NZ
• 48 hour first option on all property bus trips across Australia & NZ including special rates for flights & accommodation
Finance & Professional ServicesProperty Deals Service
Investor Platform & Information
Introducing the REI Premium Service
• REI Pro Membership for 12 months including setting up all of your existing properties into Portfolio Manager
• Dedicated Portfolio Manager to assist you every step of the way
• Full finance health check including pre approval for maximum lending by a specialist investment lender
• Xero subscription and set up for 12 months
• Free reports emailed to you weekly on locations, deals & hotspots
Finance & Professional ServicesProperty Deals Service
Investor Platform & Information
Introducing the REI Premium Service
An end-to-end service to help you into your next (or first) investment property right now
Finance & Professional ServicesProperty Deals ServiceInvestor Platform & Information $4,995
REI Premium Service advantages• Access to our platform gives you complete
transparency on any deals we send you
• You will have a dedicated Portfolio Manager doing the work for you
• You are dealing with a business that specialises in property matching services
• You will get early and/or exclusive access to stock which sometimes does not make it to retail market
• You can leverage our experience, professional ties and partners to stay ahead of the crowd rather than being part of it
Finance & Professional ServicesProperty Deals Service
Investor Platform & Information
REI Premium Service advantages• 100% money back if you can’t obtain
finance pre-approval
• Outcome based product, not education, not mentoring, but you will still learn along the way
• If you purchase off-the-plan or House & Land stock listed through our partners you will receive a $5,000 cash rebate on settlement
Finance & Professional ServicesProperty Deals Service
Investor Platform & Information
Recent deals clients have done:Holmview subdivision
Recent deals clients have done:Holmview subdivision
Purchase Price
$310,000
Purchase Costs $10,000Subdivision Costs
$80,000
TOTAL $400,000
House End Value
$300,000
Block End Value $220,000TOTAL $520,000
600sqm
400sqm
$120,000 increase in equity
on completion
Recent deals clients have done:Gosford off-the-plan
• Boutique Development
• 48 x 2 Bedroom Apartments
• Capital growth has been 7.6%
• Water and District Views
• Prices from $435,000
• Real Estate Investar Clients received a further $10,000 off the listing price
• After public release pricing went up to $455,000
• Expected equity for initial purchases currently $30,000
Recent deals clients have done:Gosford off-the-plan
Poll: Would you like a consultation to discuss the Premium service?
Book you complimentary consult https://info.realestateinvestar.com.au/premium-membership-consultation
Special offer - realestateinvestar.com.au/save50Special Webinar Offer – Casual Subscription $99 per
monthNormally $149 per month – Save 33%
Questions
Recommended