RE: WA PROPERTY CLUB " ACTION GROUP"
Hello,
I am writing in regard to the high level of interest in the many cash flow positive and development opprotunities to be found in the undervalued Perth market.
I have identified a couple of stand out development opportunities in Perth. However, I am only 25 years old and have already accumulated over 4 investment properties (all cashflow positive and 30%+ capital appreciation in the first year). The point being that I am currently at the limit of my personal borrowing capacity with the bank (having a LVR of 86% and a DSR of 35%). This is despite the fact that I continue to come across many exciting cashflow positive property and developement opportunities on a monthly basis! (this as you can imagine is very frustrating!).
As an example, I have identified some excellent small lot sub divisions and duplex sites in a number of suburbs that are 11km from the city or less than 5km from the coast or river. I have also identified development properties that are zoned R40 or better and that have a median average house price 20% below the Perth Metropolitan Average. Best of all, many of these property sites have not yet been released to the market.
The above is a very brief description of some of the opportunities that I have got my hands on, and I share this information with you to demonstrate to you that I do my homework and am very ACTIVE in researching investment opportunities.
This is where a Property Action Group like this comes in. If you are willing and able to source equity funds in projects, I will share the wealth of opportunities that I have identified, and we can all participate in the profits together. I would estimate that each $150k project would require you to source around $10-$25k in equity.
I would envisage each project to be put together in a trust or JV structure (I have a good accountant and solicitor). This would provide adequate protection and flexible distribution of project profits.
Please indicate if you are interested in forming a Property Action Group, and we will discuss further.
[email protected]
(this is my screening email account )
Regards
Dan
Hello,
I am writing in regard to the high level of interest in the many cash flow positive and development opprotunities to be found in the undervalued Perth market.
I have identified a couple of stand out development opportunities in Perth. However, I am only 25 years old and have already accumulated over 4 investment properties (all cashflow positive and 30%+ capital appreciation in the first year). The point being that I am currently at the limit of my personal borrowing capacity with the bank (having a LVR of 86% and a DSR of 35%). This is despite the fact that I continue to come across many exciting cashflow positive property and developement opportunities on a monthly basis! (this as you can imagine is very frustrating!).
As an example, I have identified some excellent small lot sub divisions and duplex sites in a number of suburbs that are 11km from the city or less than 5km from the coast or river. I have also identified development properties that are zoned R40 or better and that have a median average house price 20% below the Perth Metropolitan Average. Best of all, many of these property sites have not yet been released to the market.
The above is a very brief description of some of the opportunities that I have got my hands on, and I share this information with you to demonstrate to you that I do my homework and am very ACTIVE in researching investment opportunities.
This is where a Property Action Group like this comes in. If you are willing and able to source equity funds in projects, I will share the wealth of opportunities that I have identified, and we can all participate in the profits together. I would estimate that each $150k project would require you to source around $10-$25k in equity.
I would envisage each project to be put together in a trust or JV structure (I have a good accountant and solicitor). This would provide adequate protection and flexible distribution of project profits.
Please indicate if you are interested in forming a Property Action Group, and we will discuss further.
[email protected]
(this is my screening email account )
Regards
Dan