STEP 1: WATCH THE ONLINE PRESENTATION
STEP 2: LEARN MORE & APPLY
FEEDBACK FROM PROFIT PARTNERS
Steven Thou - 16 to 17 month project. 100% Capital return PLUS 42% profit on top.
Adam & Kirsty - Transacting on our projects and earning 50% of the developers profit.
Nick - As an experienced property transactor, Nick had seen it all, until he came to one of our events...
Frequently Asked Questions...
The property is settled without loans, using initial capital. At this point there is no bank lender involved meaning the first mortgage is held in favour of the Profit Partner unit trust.
When bank lending is secured for construction, the first mortgage position transfers to the bank. This is a similar scenario to a home loan, where the bank has first mortgage and occupants have provided an amount of capital.
The funds position is further protected by the works performed on the property/project as it creates an asset with higher value, the further along it progresses.
People can not guarantee what they don’t control. If you find a guaranteed return, it is not worth anything. The things you need to be looking for are the team and the experience they bring.
We guarantee that we are truthful, communicate well and often, are transparent and have large depths of experience in our team.
All property activities, from buying your own home, an investment property, construction, renovation or development have risks and the possibility of losing capital.
The projects liquidity (ability to provide cash returns) happen upon sale. Until that point the capital value is in the real asset.
Part of the risk in a project is time risk. It is one of the key metrics we manage. The project has things you can control, and things you can’t control, but can manage. This is where the teams’ experience is vitally important in managing the project and controlling the things we can.
In choosing the builder we undertake a rigorous process which includes many facets. Initially we are looking for demonstration of capability in the asset class, for example a light industrial building of circa 5,000m2, secondly that they have regional experience and can secure local suppliers and sub-contractors. We then look at their forward workbook, are they able to give us the attention we need and complete the work on time. This is when we start talking about price, in a competitive environment we are looking to minimise our delivery cost within a value management framework, where the builder will deliver an efficient process reducing our overall costs. At this point we commence financial investigations; the builder must provide verified accounts demonstrating they are operating within trading terms on their accounts payable and they have sufficient cash reserves for their sized business. The final assessment is cultural fit, we want to enter into a relationship (do business) with a builder who we feel we can work with and that understands and shares our views.
No. until a project is finished there is no income. Anyone who pays monthly returns from a similar construction project, will be paying you with your own money.
ECopyright © Real Property Advice 2019
.Privacy policy