Land doesn’t need to be ‘built’ (it usually does need to be subdivided), and generally, there’s a shortage of it in capital cities in Australia. And many investors have made lots of money by subdividing land and selling it to home-builders or developers.
But there can be a number of traps for the unwary investor, who is venturing into a subdivision for the first time. On top of this, often investors will go in as a “joint venture partner” to one of these deals.
This month, our speaker will share his experiences in a large land subdivision deal, as a joint venture, and provide some useful insights into this sort of deal! Many lessons to be shared that apply across property investing, even for beginners. Don’t miss this meeting!
About This Month’s Speaker
Peter Cseh is fast-becoming an experienced Property Developer. While being relatively new to investing, he has quickly caught on to the power and success achievable in renovation and development projects. In a short time he has created considerable profit from property developing. And he is achieving this while working full-time and travelling!
He is in his fourth year of one of Australia’s leading property investing mentoring programs, and prior to this has never invested before in real estate, except for building his primary place of residence (PPOR) about 15 years ago – and this was his first ‘deal’.
Outside of his investing, Peter is currently employed as a military C-130 pilot out at RAAF Base Richmond and has recently finished a tour as XO (executive officer) of 285SQN which is the squadron responsible for training all C-130 pilots, loadmasters and maintenance technicians, and has just commenced a new tour – and has literally just returned from the United States.
Peter has been in the RAAF for 19 years and prior to that he owned his own Pizza Haven Franchise in Mackay QLD which he did successfully for 4 years – at the time being the youngest franchisee in Australia.
With the experience that Peter has gained in his property developing over the last few years, he will provide insight and knowledge on how anyone can follow his lead, and start their developing journey TODAY. (He’s also a very entertaining speaker that should not be missed!)
What we will cover in this meeting
- How you find these deals, (arguably the hardest part)
- The projected numbers (profit and costs) around the deal
- Managing the sub division and the steps required
- The team you need to build, and how important they are in the success of the deal – in particular with contracts.
- Lessons Learnt & the risks involved in this kind of deal
- Two other exciting projects that are currently in progress
- Plus much more!
So – come and meet Peter, and other investors who are successfully investing in the current property market today – Don’t Miss This Meeting!