Extreme Income Systems 2-Day Boot-Camp 2015

The Extreme Income 2-Day Boot-Camp took place on 15th – 16th November 2015, Sydney NSW

And is the complete home study course for your Extreme Income Training

Day 1, Session 1 – Dymphna Boholt and Ian Ugarte

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  • Cycles of Life revision – Accumulation Consolidation Mode, Party Mode
  • Are you Graham One, Slow and Steady or are you Graham Two, Fast
  • Ian One Repeating similar deals would end up with this scenario in 10 years
  • Examples are then gone through for regional areas and low entry levels
  • Blocks of units are a great opportunity in Regional areas with examples
  • Straight into Mining areas going over the different areas
  • World GDP Growth Expectations and Australian Trends
  • Coal Seam Gas, Uranium and Pulp Mill in Tasmania

Day 1, Session 2 – Dymphna Boholt with Ian Ugarte

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  • Why Commercial? The Pros and Cons. This needs to be on your radar
  • What do you need to look for in Commercial Property
  • Ian then goes over how to calculate the Yield or ROI
  • Commercial Strategies such as Buy and Hold to Strata or Leasing
  • Distressed Sales, under market rentals or Strata with examples
  • Reverse Feasibilities on a Commercial Reno example
  • Amazing example of Tim’s Commercial Strata Deal

Day 1, Session 3 – Ian Ugarte with Tamara Read

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  • Ian and Tamara go through Manufacturing Income, State Based Processes
  • Material Change of Use (MCU) then General Regional Council Process
  • Building Application – Private Certifier; IDAS Form 1 & 2, Soil Test
  • Building Application – Immediate Application to Ergon and Telstra
  • Development Application – council’s Check Application, Notification Period
  • NSW, SA VIC and WA – Building Permits with Flow Charts
  • Touring Mining Areas – Remember that accommodation is scarce
  • Road Works, Floods and meeting the locals with stories

Day 1, Session 4 – Ian Ugarte with Wayne from PIS

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  • Ian shares a website which provides populations statistics
  • Wayne comes onstage to talk about using 3 Types of Seller Finance
  • Buying Property with No Money example
  • The most common questions you need to know about Seller Finance
  • Wayne give a demonstration of the Property Investor System
  • Ian comes back on stage to go through the numbers using Seller Finance

Day 2, Session 1 – Ian Ugarte with Mick Tiemens

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    • Executive Leasing both in Metro and Regional areas with examples
    • Students examples from students; Melbourne CBD, Woolloomooloo
    • Ian goes over searches and websites to research Executive Leasing

4. Examples of a Negative Geared into a Positive Cash-Flow at Coogee and Pyrmont – 18 mins

  • Establishing a Regional Need; Look for underserviced towns etc
  • What are the Legalities? Plus Granny Flats and Dual Occupancy

Day 2, Session 2 – Ian Ugarte and Michelle Duval

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  • Ian introduces Michelle to go through the successful traits of entrepreneurs
  • The Patterns and Programs that Cause Property Businesses Failure
  • Learn the 3 Key Characteristics Top Performing Entrepreneurs have
  • Everyone is then given questions and tests to show where you stand
  • Evaluating your Reference points – How you stack up
  • The Breadth and/or Depth of the Task Scope example
  • Failure Pattern Bonus – Lack of Money Focus

Day 2, Session 3 – Ian Ugarte with Mick Tiemens and Tamara Read

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  • Single Room Renters; If you rent by the room the classification is usually a renter
  • Universities; Some Universities have their own accommodation centre
  • Hospitals; Provide 2 types of clients, Hospital workers and Family of patients
  • Rest of the Country – General; NSW & QLD you can have up to 4 unrelated parties
  • General Rules on Boarding Houses; Classes, Compliance etc
  • NSW Land Tax Exemption; You are Land Tax Exempt if in NSW
  • Which Strategy is the right one for you?
  • Mick describes his Rooming House Deal currently under way
  • Tamara goes through some of her deals

Day 2, Session 4 – Dymphna Boholt and Ian Ugarte

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  • Your success needs you to ask better questions
  • Should you do Platinum or Success Accelerator Mastermind?
  • Dymphna touches on the Real Estate Millionaire Within Boot-Camp
  • Dymphna with Ian gives Thanks to All and ends off the Boot-Camp

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