The truth behind the $640,000 profit in Otara

 The truth behind the $640,000 profit in Otara 
Well, our client has really stirred up the chat on the news sites last week. 
We get it. On the face of it, a $640,000 gross profit in four months seems like an example of wild speculation in a market gone crazy. 
But that is not so. Our clients don't speculate. In fact, we loathe speculation. 
This client, who we'll call 'Client-J' was not reliant on the market increasing to make a substantial profit from this deal. She calculated it based on knowing the market, knowing how the pieces worked, and being able to see what others couldn't. 
The deal had its challenges too, it wasn't all plain sailing, but look at the result!
Here's the OneRoof article in case you haven't seen it: Click here 
The point is, this result was achieved because of purposeful strategy, not luck or hope. 
And look at who the three bidders were:...
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Case Study: A Juicy Property Joint Venture.

There is nothing like seeing the theory put in to practice!

** (This video is an excerpt from AssetLab's Masterclass 'Case Study No.1' taken from Module 4 ) **

In this session Sally and James share the details of a trade which involved: 

- Purchasing from another Trader (gasp!)

- Working with a Joint Venture partner,

- Completing a full renovation in 4.5 weeks

Ooh, by the way, every investor needs a good accountant who understands property investment! We recommend Glynis Carter at Monteck Carter, she is our own accountant and is brilliant. Assetlab community get a very special deal so let Glynis know you are from Assetlab. You can contact Glynis HERE.

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