WHAT IS COVERED?
How do you decide who to JV with?
What due diligence do you need to do before partnering with someone?
How do you account for all the unknown refurbishment costs?
How long do you spend on a viewing? How long should you be spending on a viewing?
How do you work out what a refurbishment will cost you to bring it up to rental ready?
Have you factored in all those unknown contingencies into the refurbishment budget?
How do you know if your builder has included everything in a works specification?
On the Practical Property Discovery Day, Dan and Amy will cover all these elements and walk you through the three key areas of practical property investing: team, viewings and budget. They will discuss what you need to consider before buying your investment property and what structures to put in place before you even view a property.
Starting with your mindset and your skillset, we will discuss the E.M.P.T.Y. and F.U.L.L. models and how to apply them to your investment strategy. We look at your personal profile and your skill sets and match them to those of your power team to identify existing strengths and what areas will be needed to build your perfect power team. We cover why getting the right team is so important for your ROI. We cover the benefits and drawbacks of Joint Ventures and the different ways of how you could structure your investment and strategic investment partnerships.
Using a video of an actual property viewing, we will walk you through the whole process of how to view an investment property. We look at how to spot the potential in a property and show you what positives to look out for and what negatives to avoid. We discuss the due diligence step by step process to follow before a viewing and what to take and who to take with you and what to do and consider on the viewing. There are 50 things to focus on when viewing an investment property and we will show you all of them.
Getting the budget of a refurbishment is critical for your ROI. We will show you how to put together a full costing for a refurbishment, where the hidden costs lie and how to build in necessary contingencies.
Each section will have hands-on practical exercises tailored to hone your property knowledge. It is a jam-packed day full of information and you will take home practical property knowledge, viewing checklists and processes to apply to your chosen property business model.
What previous attendees have said about the Practical Property Discovery Day:
“I found the day excellent, especially on the tips on what to look for when viewing a property.”
“The training was of exceptional value, well-organised and the presenters were knowledgeable.”
“I would recommend this training to others.”
We look forward to meeting you at our next Foundation Day
DAN HULBERT & AMY ROWLINSON