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May 28, 2022
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!
Saturday - May 28
Water: Doing it Right, Doing it Better, Maximising a Resource (Jason Furness & James Wood - Texo) + DA Flip Real Deal (Sanders Muleya)
Bringing together the collective knowledge & experience of your local community to assist you in progressing on your Property Development journey.
Jason Furness & James Wood
The driving passion for Jason & James is to see Developers execute projects on or ahead of time - every time. To produce projects that are environmentally efficient, long lasting, and help to create more livable communities. Jason's background is complex engineering change management, and improvement programs, and James has a diverse background in Residential Building and Construction.
Texo is a construction supplies company that specializes in helping Builders, Developers, and infrastructure firms solve problems in their projects.
They help people:
• Make unviable projects viable
• Battle increasing construction costs
• Solve increasingly complex technical compliance issues
Industry Expert
Water Management is often an afterthought for many Developers.
But what about when I say that INCREASED build costs and time frames could be avoided when you make this TOP OF MIND from the get go, especially if you're looking at scaling your developments?!
The lack of awareness about water management can cause a project to fail or, worse yet...turn off Buyers
The problem with inferior solutions is that they can have a devastating knock-on effect.
1. Lower ROI
2. Warranty and Service issues
3. Higher than required build costs and longer build timelines.
So what can you do about it?
Gain the knowledge you need, and know what CRITICAL questions to ask your Engineers, Builders and Plumbers right from the start.
And that's where this month's Industry Experts, Jason Furness & James Wood from Texo come in!
In their presentation, they'll be covering…
1. Costs, Availability and Infrastructure solutions for Water Management
2. Broad Regulations regarding rainwater harvesting
3. Common errors in the 'Cheap & Cheerful' approach
4. Key Questions to consider in your solution design
5. Innovative approaches for tricky sites
So, if you're ON THE HUNT for economical and innovative solutions, which provide a unique point of difference compared to other stock on the market, then this is the Meetup FOR YOU!
And REMEMBER....'Tick In The Box' solutions that do not comply or work effectively are NEVER THE ANSWER!
But what about when I say that INCREASED build costs and time frames could be avoided when you make this TOP OF MIND from the get go, especially if you're looking at scaling your developments?!
The lack of awareness about water management can cause a project to fail or, worse yet...turn off Buyers
The problem with inferior solutions is that they can have a devastating knock-on effect.
1. Lower ROI
2. Warranty and Service issues
3. Higher than required build costs and longer build timelines.
So what can you do about it?
Gain the knowledge you need, and know what CRITICAL questions to ask your Engineers, Builders and Plumbers right from the start.
And that's where this month's Industry Experts, Jason Furness & James Wood from Texo come in!
In their presentation, they'll be covering…
1. Costs, Availability and Infrastructure solutions for Water Management
2. Broad Regulations regarding rainwater harvesting
3. Common errors in the 'Cheap & Cheerful' approach
4. Key Questions to consider in your solution design
5. Innovative approaches for tricky sites
So, if you're ON THE HUNT for economical and innovative solutions, which provide a unique point of difference compared to other stock on the market, then this is the Meetup FOR YOU!
And REMEMBER....'Tick In The Box' solutions that do not comply or work effectively are NEVER THE ANSWER!
Sanders Meluya
Sanders is the Director and Founder of Msisa Property Developments, and Msisa Property Consulting Agents. He is a developer as well as a registered Buyers Agent. He's the Author of -The 10x Property System, and throughout his time in Property investment, has acquired 15 positively geared investment properties in different Australian states....not to mention being a retired Nurse along the way!
'Real Deal' Presentation
Then, this month's Real Deal comes from Sanders Muleya and was a DA Flip of 6 Townhouses in Swansea, Lake Macquarie Council - LMLGA.
Right from the get go - Sanders knew this deal would be interesting after realising it included a SEVERELY uninhabitable house! When dealing with the sales agent, he soon realised that he'd be able to negotiate a favourable purchase price as the Agent wasn't familiar with the local area. The Agent couldn't possibly understand the demand. A tick in Sanders favour!
Also the Vendor had already cleared the site of trees (without Council Approval...oh dear!), but this was one less thing that Sanders then needed to add into his Feaso. Another tick!
BUT, that's where a lot of the FUN stopped!
Soon after acquiring the site, Sanders realised a few areas of this project WERE NOT going to work in his favour....
1. Forever increasing Build costs,
2. Contention with the very difficult elevated steep site
3. A lack of comparable sales made this deal start to feel less and less feasible...and then there was the 12 month wait for the DA, Eeeek!
After some time spent soul searching and weighing up all the options to decide what outcome would be best. Sanders decided to sell the deal on to the next 'Happy Camper' to come in and enact the development.
So...how did this DA Flip end up for Sanders I hear you ask?
And what was the margin in comparison to running the deal himself to completion? It must be good, RIGHT?!
Well, you'll need to come along and hear all the juicy bits from Sanders for this one! If you're considering DA Flips as your strategy of choice, then this is the Real Deal is for you!
Right from the get go - Sanders knew this deal would be interesting after realising it included a SEVERELY uninhabitable house! When dealing with the sales agent, he soon realised that he'd be able to negotiate a favourable purchase price as the Agent wasn't familiar with the local area. The Agent couldn't possibly understand the demand. A tick in Sanders favour!
Also the Vendor had already cleared the site of trees (without Council Approval...oh dear!), but this was one less thing that Sanders then needed to add into his Feaso. Another tick!
BUT, that's where a lot of the FUN stopped!
Soon after acquiring the site, Sanders realised a few areas of this project WERE NOT going to work in his favour....
1. Forever increasing Build costs,
2. Contention with the very difficult elevated steep site
3. A lack of comparable sales made this deal start to feel less and less feasible...and then there was the 12 month wait for the DA, Eeeek!
After some time spent soul searching and weighing up all the options to decide what outcome would be best. Sanders decided to sell the deal on to the next 'Happy Camper' to come in and enact the development.
So...how did this DA Flip end up for Sanders I hear you ask?
And what was the margin in comparison to running the deal himself to completion? It must be good, RIGHT?!
Well, you'll need to come along and hear all the juicy bits from Sanders for this one! If you're considering DA Flips as your strategy of choice, then this is the Real Deal is for you!
Pricing & Ticket Options
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!
'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 28, 2022
**Space Is Limited - RSVP NOW**
Partners & Affiliates
Partners & Affiliates
