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Many novice renovators and developers have come unstuck assuming that just because a property can be renovated or developed, it “has to be” profitable to do so.
But not every property will turn a profit. Fail to understand the essential numbers in a renovation or development project, and you’ll massively increase the risk of (substantial) financial losses.
At our next Developer-Renovator Network meetup expert property mentor Brendan Kelly from Results Mentoring will provide an introduction to the essential numbers in renovation and development deals.
These important numbers determine the feasibility and profitability of the deal. Understanding them is critical when it comes to separating properties and projects with REAL potential, from dud deals that will just lose money.
This knowledge could mean the difference between making a profit or losing money on your next property deal, so don’t miss this meetup!
About Brendan Kelly
With a breadth of experience built up over 20 years of investing in property, Brendan’s expertise spans multiple property strategies including renovations, growth properties, positive cash flow deals, industrial properties and property development. Brendan helped establish the Results Mentoring Program and has since personally mentored hundreds of people in all aspects of property investing.
Today, as a public speaker, professional investor, Director of Results Mentoring, and CEO of Property Predictions, Brendan contributes to Your Investment Property, Smart Property Investment, and other property media offering tips for property investors. He presents regularly at seminars and donates his time to local investor networking groups as a motivator and educator on property investing and wealth creation strategies.
Real Deal – Lessons from a 1-into-2 Subdivision
Fin Hansen, founder and Director of Ultimate DC, successfully completed a 1 into 2 subdivision and made a great profit. As you might imagine, he has plenty of lessons to share. If you’re getting started in development or considering your first (or next) project, then you won’t want to miss this session!
Venue details as follows
Hamilton Hotel
442 Kingsford Smith Drive Hamilton Queensland Australia 4007
Arrive @ 6:30pm to network with like-minded investors
(Presentations start 7:00pm. Meeting concludes 9:00pm)
Attendance is FREE.
Plenty of parking.
How to avoid
FAQ’s
-> Can I bring someone else along?
Yes, you are welcome to bring anyone who is interested in property investing, renovating, developing – it’s all about learning and networking with like-minded investors. Please ask them to RSVP so that we know how many people are coming.
-> What are you selling?
Nothing, these meetups are all about learning and networking with like-minded people.
I look forward to seeing you at the meetup
– Bec
A property networking group connecting like-minded property investors, renovators and developers
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