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.
And if you want to learn too, now you can for a FRACTION of what people usually pay to spend a full day with me.
Check out my full-day Subdivision Secrets Seminar on Saturday, July 27 and get everything you need to know!
Click Here And Save Your Seat (Early Bird discount expires this weekend!)
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 on Saturday, July 27
I’ll show you everything you need to know!
Click Here To Learn More (Early Bird discount expires this weekend!)