Highly Successful Property Investors do one thing better than the rest of the property-investing fraternity. And it’s probably not what you think.
Sure, successful investors are good negotiators, and can find good deals, and have the knowledge and techniques for making money with property. But one more thing sets them apart and allows them to produce much better results and greater achievements.
The property investors who make REAL MONEY in the game are able to find great deal after great deal after great deal, and they do them all because they have other investors (Joint Venture Partners and Money Partners) to help them.
You need to learn how to do this too.
Many investors are hesitant to engage a JV partner in a 50/50 split for a number of reasons. One of the most common reasons is because they don’t want to give away half their profits in the deal.
But if using JV’s means you can do just 2 deals instead of 1, then you make 100% of the money as if you’d managed on your own without a JV.
And once you get going with this strategy, you’ll find you can do 150%, 200%, 300%, more, because you’ll be free of the two biggest constraints in investing – deposit money and serviceability.
Or maybe you have the money and service ability but are time poor– and because of this, you are not making the progress you would like to with your property investing and financial and life goals.
Then, by using a JV the other way around, you can get great lump sum cash-on-cash returns on otherwise lazy money, and still make good progress this way instead.
Either way, you will be able to focus on undertaking more deals, because you’ll have access to much better finance and better borrowing, or by leveraging skills or time in a partner, which you lack in yourself.
In the current market with APRA imposing limitations on the banks and them on investors, it’s more important than ever to have good money partners and JV partners on board.
About This Month’s Speaker:
Our speaker for this month is Mark Kelman, author of the book, Become A Property Millionaire In Your Spare Time, director of Achieve Property, and leader of the Sydney Property Meeting Group & South Melbourne Property Meeting Group.
Mark has been investing for over 10 years and has successfully grown a multi-million dollar property portfolio several times over. . With 15 properties under his belt Mark is passionate about investors creating a win for themselves and a win for the vendor, when they buy, develop and sell. Mark has personally been involved in various forms of joint venture, including Partnerships, strict JVs, deals with renter/buyers and has used various money partners over the last 10+ years of his investing.
Mark has used a range of strategies throughout his property investing career, from mortgagee sales, to strata subdivision, granny flats, developments, rent-to-own, renovations and buy-and-hold. He is passionate about investors creating a win for themselves and a win for the vendor, when they buy, develop and sell. Mark has personally been involved in various forms of joint venture, including Partnerships, strict JVs, deals with renter/buyers and has used various money partners over the last 10+ years of his investing. It’s Mark’s knowledge in JVs that he will share with everyone at this meeting.
Don’t miss this meeting!
What we will cover in this meeting
• The three kinds of ‘partners’ that will help you escalate your investing
• How to improve your ‘brand’, so as to become irresistible to JVs
• Where to look for Money Partners and JVs
• The system to get JVs on board, when you are ready
• The importance of great partner paperwork
• Pitfalls and risks of using JVs and how to avoid these
• Plus much more
Make sure you don’t miss this last education and networking meeting for 2015 to get some great information relating to any type of property transaction.
Remember, you are always welcome to bring along friends or relatives who are interested in property investing – it is all about networking with like-minded people!