1. The Pitfalls Of Property Development How Not To Lose Your Shirt In Property Advanced Property Strategies Nhan Nguyen www.advancedpropertystrategies.com

2. Welcome

3. DISCLAIMER The information and strategies contained in this presentation/publication are provided by the author and/or publishing company as generalizations which they have formulated. They are not offering the information and strategies as financial, accounting, legal, investment, and/ or tax advice, and are not offering the advice as advice to be relied upon. Readers, viewers and purchasers must obtain specific financial, accounting, legal, investment, and/or tax advice from their professional advisor. Any testimonials included may not represent typical results. The results obtained by following the strategies will vary, according to the skill and experience of the user, and therefore are not guaranteed. Specific experiences and past performances do not guarantee future results. This presentation/publication and its presenters do not offer any financial advice. Nor do they recommend that the information contained in this presentation/publication be construed in any such way. The producers and presenters/publishers insist that any financial action taken by, (or on behalf of) the purchaser or viewer of this material, is at the INDIVIDUALS OWN RISK and PROFESSIONAL, FINANCIAL AND LEGAL ADVICE should always be sought, when relating to matters of this nature.

4. My Parents Had Nothing

5. I Grew Up In Housing Commission…

6. My First House Gave Me…

9. $21,000,000.00

10. Property Development : The Truth Exposed

13. Property Millionaire Tip: You Don’t Go Broke By Not Doing The Deal

14. Mistakes That Can Send You Broke Do You Want To Know What They Are?

16. Case Study #1: Raw Site in Mining Town Bought in 2006 Approved for 20 dwellings 2008 Projected profit $3M Market changed I’ve got a great idea!

17. Let’s Apply for 40+ dwellings! 2010 application approved Neighbour Takes To Court 2011 lender repossesses property Projected profit $3M Current Loss $500k +

18. Big Risk #1 Council Approvals Are Out Of Your Control

19. Risky Actions Buying A Raw Site Without Development Approval

20. Approval Takes Too Long Holding Costs Can Kill You Market Changes Can’t Get Funding Or Finance Project Goes Stale

21. Good News! There are solutions!

22. Ideas: Buy Properties Already Subdivided

24. Already on 2 lots (or more) Can quickly and easily release titles in less than 24 hours

25. Splitter Block Figures $565,000 purchase 2011 Subdivision Costs $280 Time to Subdivide: 1 day $365,000 sold one block in 5 months After Holding Costs, Agents Commission $70,000 Net Profit!

26. Other Ideas: Buy Subject To Approval With Long Settlement If Approval Doesn’t Come Through - You’re Safe

28. Other Ideas: Use Property Options Take Control Of the Property Without Ever Owning It

30. Case Study #2: Kaizen Property Marketers Turned Developers $38,000,000 in Capital Raising Spent >$80,000,000 Ultimate No $ Down Deals!!!

31. Case Study #2: Kaizen Property Marketers Turned Developers Took on Big Projects 30+ Lots Some applications took 3 years+ Went into administration Investors got 70c / $

32. Risk #2 Lack Of Deal Experience Going Too Big Too Soon

33. Greed Takes Over Vacant Land Has No Income Approval Out of Your Control

34. Property Millionaire Tip: Think Big Start Small

35. Other Ideas: Start With A Duplex or Single Build or Cosmetic Renovation

36. Other Ideas: If Buying & Selling Aim To Get Out Within 12 months Shorter Time Frame Better

37. Other Ideas: Have Multiple Exit Strategies, Especially With Land Vacant Land Often Has No Income