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May 11, 2024
What Can You Expect?
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INDUSTRY EXPERT
Our Industry Experts present on topics relevant to you and address the challenges that you will face on your property development journey
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REAL DEAL
These are members of the community presenting their own deals, showcasing the good / bad and the sometimes 'ugly'
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MASTERMINDING
Our very unique Masterminding process where we help you to overcome your current challenges so that you can achieve a successful return
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+ NETWORKING
Don't forget the after meeting drinks...where many a JV partnership is found and at times this part can go for as long as the formal meeting, so be sure to get a 'leave pass' to join us!
Contract Clause Essentials (Tuckfields Conveyancing) & 1 into 2 Subdivision (Vanessa Templer)
Bringing together the collective knowledge & experience of your local community to assist you in progressing on your Property Development journey.
In-Person: 1:30 pm (Adelaide) to 'Mingle With The Expert'
Virtual: 2pm (Adelaide time)
In-Person: 1:30 pm (Adelaide) to 'Mingle With The Expert'
Virtual: 2pm (Adelaide time)
Tuckfields Conveyancing - Samantha Phillips
Samantha Phillips has 20 years of experience in conveyancing and is the Director of Tuckfields Conveyancing. The team at Tuckfields focus on providing an outstanding client experience to ensure a smooth and efficient conveyancing process for you, every single time. They work diligently to keep your transaction moving forward, proactively addressing any potential obstacles or delays that may arise, providing regular communication and updates on the progress of your property transaction.
Industry Expert
Contract Clause Essentials
Have you heard the saying “You make your money when you buy a property”…
Of course, we all want to get a great deal on the purchase price, BUT there is so much more that goes into buying a property!
For example, the clauses that you have in your Contract can MAKE or BREAK a deal!
If you don’t get the right clauses in the Contract you may end up with insufficient timeframes that don't allow for requirements to be met, potentially costing you $$$, causing unnecessary stress, AND giving the other party the ability to terminate!!! EEEK!
SO, what are the important elements of the Contract that you need to be aware of?
Our Industry Expert for this Meetup is Samantha Phillips from Tuckfields Conveyancing, who will explain the essential contract elements to safeguard your projects:
- the importance of the contract
- what is your end goal
- the clauses that protect you and your development
- what is already included and what needs to be added in
- time frames e.g. finance approval
- typical process and what goes wrong
- off the plan contracts
- vacant land - clauses re: fencing
PLUS – Samantha will share how you can profit from a property without actually purchasing it!
Yep! You read that right! It’s the ability to flick on the deal for a profit! Join us to learn:
- what can and can't be done with a Deed of Assignment (DoA)
- when to use a DoA: different applications / use cases
- things to consider when talking to the person you are assigning the contract to
- who pays the Stamp Duty
Don’t rely on the Real Estate Agent to get this right! Avoid the pitfalls of overlooking vital Contract Clauses. Join us for this deep dive with Samantha from Tuckfields Conveyancing!
Have you heard the saying “You make your money when you buy a property”…
Of course, we all want to get a great deal on the purchase price, BUT there is so much more that goes into buying a property!
For example, the clauses that you have in your Contract can MAKE or BREAK a deal!
If you don’t get the right clauses in the Contract you may end up with insufficient timeframes that don't allow for requirements to be met, potentially costing you $$$, causing unnecessary stress, AND giving the other party the ability to terminate!!! EEEK!
SO, what are the important elements of the Contract that you need to be aware of?
Our Industry Expert for this Meetup is Samantha Phillips from Tuckfields Conveyancing, who will explain the essential contract elements to safeguard your projects:
- the importance of the contract
- what is your end goal
- the clauses that protect you and your development
- what is already included and what needs to be added in
- time frames e.g. finance approval
- typical process and what goes wrong
- off the plan contracts
- vacant land - clauses re: fencing
PLUS – Samantha will share how you can profit from a property without actually purchasing it!
Yep! You read that right! It’s the ability to flick on the deal for a profit! Join us to learn:
- what can and can't be done with a Deed of Assignment (DoA)
- when to use a DoA: different applications / use cases
- things to consider when talking to the person you are assigning the contract to
- who pays the Stamp Duty
Don’t rely on the Real Estate Agent to get this right! Avoid the pitfalls of overlooking vital Contract Clauses. Join us for this deep dive with Samantha from Tuckfields Conveyancing!
Vanessa Templer
Vanessa Templer bought her first property at 19 years old - a Freehold Roadhouse in Victoria on the Glenelg River. She lived in the attached residence and in just over 2 years grew the business from zero regular truck drivers stopping to over 250 trucks stopping to eat most days of the week. Selling for a healthy profit, Vanessa got the taste for real estate which has never left her to this day. Since then, she has completed a wide variety of real estate projects including renovations, resi and commercial sites for long term cash flow, new builds of detached homes, townhouses and currently apartments, subdivisions, house and land packages, off the plan deals and managing her rentals. Vanessa now looks for projects that she can learn from with some element that she has not tackled previously. Basically, she is having heaps of fun and the returns are a very exciting by product!
'Real Deal' Presentation
1 into 2 Subdivision + New Builds
732m2, General Neighbourhood Zone, Ridgehaven, Tea Tree Gully Council, South Australia
Have you ever thought about helping your kids get into real estate?
What about doing a Joint Venture with them in a development project?
When Vanessa found this 732m2 site while doing due diligence for another project, she realized that it was a great “starter” for her two adult children – with some ground rules, of course!!!
Setting expectations with a JV agreement, they were excited to get cracking.
Their excitement soon waned when troubles arose:
- the Town Planner was a lemon,
- Deemed To Satisfy submission was rejected,
- hired Property Lawyer to fix Town Planner’s blunders,
- time frame doubled,
- so did the holding costs!
- AND the build was $170,000 over budget!
Vanessa knew the importance of getting the right builder to bring this project in on-time and on-budget. She negotiated Construction Contract terms to hold the builder accountable…
Come along to this Meetup to learn how this family JV partnership fared, what Vanessa negotiated with the builder, and see their fabulous, finished homes!
732m2, General Neighbourhood Zone, Ridgehaven, Tea Tree Gully Council, South Australia
Have you ever thought about helping your kids get into real estate?
What about doing a Joint Venture with them in a development project?
When Vanessa found this 732m2 site while doing due diligence for another project, she realized that it was a great “starter” for her two adult children – with some ground rules, of course!!!
Setting expectations with a JV agreement, they were excited to get cracking.
Their excitement soon waned when troubles arose:
- the Town Planner was a lemon,
- Deemed To Satisfy submission was rejected,
- hired Property Lawyer to fix Town Planner’s blunders,
- time frame doubled,
- so did the holding costs!
- AND the build was $170,000 over budget!
Vanessa knew the importance of getting the right builder to bring this project in on-time and on-budget. She negotiated Construction Contract terms to hold the builder accountable…
Come along to this Meetup to learn how this family JV partnership fared, what Vanessa negotiated with the builder, and see their fabulous, finished homes!
Event Location
May 11, 2024
Stamford Plaza Adelaide
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Pricing & Ticket Options
'Existing Annual Member' (Included for you, simply RSVP below)
'Casual Attendee' ($25 for 1 meeting only)
'Annual Member' ($250/year)
OR.....If it's your FIRST TIME
You can trial our PDN Annual Membership for JUST $1!
May 11, 2024
**Space Is Limited - RSVP NOW**
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