I’m back with another KILLER case study for you!
This time I’m featuring another student of mine, Peter Baumann, who made $496k in 12 months from a 1-into-5 subdivision in Albany Creek.
Peter had several interesting challenges with this project, which he explains in this video. I recommend you watch the video intently should you ever face similar issues 🙂
By the way, would you like to know the fastest, safest, easiest way (at least if you ask me…) to start doing deals with similar profits?
I show people how to do it ALL THE TIME.
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Here’s Peter’s case study
- 1 Into 5 Subdivision – including all important financial figures!
- The CRITICAL difference between “feaso looks great on paper” and “project puts money in the bank” (use this to AVOID NASTY DUDS!)
- How Peter got a $140,000 discount asking one SIMPLE question!
ORIGINAL Budgeted Numbers
- Purchase Price $900,000
- Purchase Costs $39,000
- Demolition Costs $23,000
- Subdivision $263,000
- Fencing $2,000
- Hold Costs $34,000
- Selling Costs $56,000
Total Expenses – $1,317,000 (ORIGINAL Budgeted Numbers)
- Net Sale Proceeds $1,775,000 ($355,000 x 5 Lots)
- GST $67,000
Total – $1,842,000 (ORIGINAL Budgeted Numbers)
Expected Profit: $395,000
ROI = 31% COCR = 73%
Not bad for 12 months work… right?
But what if I told you ACTUAL PROFITS ended up being more than $100,000 bigger, because of a few simple moves Peter pulled??!
Watch his case study now for the full story:
P.S. If you want the fastest, safest, easiest way (at least if you ask me…) to start doing deals just like this one, come to my full-day Subdivision Secrets Seminar – I’ll show you everything you need to know!
Click Here To Learn More (Early Bird discount expires soon!)