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