The "Joint Venture Secrets"
How To Become Rich During the Coming Housing Crash!
Even if you have no money, poor credit and have never purchased a property...
There's a bloodbath coming.
Over 1 million investors could find themselves in dire financial stress over the next twelve months. Many of these investors will be forced to sell most of their assets to make ends meet, and will have to accept any price they can get.
There's a handful of savvy property investors, frothing at the mouth for this opportunity. So while everyone is paralysed with fear, they're preparing to capitalise.
And if you position yourself correctly now – YOU can be one of the few taking advantage of this stream of desperate sellers that are about to hit the market.
Here's how you can do that, and win big.
An Opportunity We Haven't Seen In Over A Decade!
First, let's take a quick look at the forces causing the bloodbath so you can see why it is imminent.
Then I'll show you how you can take advantage of this coming carnage – and secure some serious "once in a lifetime" deals this year.
Force I: The Credit Crunch
This one is straightforward. Almost nobody can afford market prices these days. (That's a big reason why house prices are dropping almost everywhere).
For the last 20 years, the gap between housing prices and household incomes has continued to widen.
This affordability issue is clearly not sustainable which is why we're already seeing prices drop across Sydney and Melbourne. And for many speculators, this means the end of their "buy & hold" dream.
Why? Because of...
Force II: The Death Of The Interest-Only Loans
Since APRA decided to crack down against interest-only, a lot of investors have been struggling to refinance their property when the loans elapse.
Most investors can't afford to switch to principal & interest – so they'll have to sell fast – before the loan elapses and before prices drop even further!
Over $600 Billion in interest only loans!
$120 billion of interest only loans are scheduled to become Principal & Interest loans every year for the next three years.
The world's top equity research firm, UBS Evidence Lab conducted a survey that found over 70 per cent of the survey respondents that were interest only borrowers were already under financial stress.
Article source: https://www.afr.com/business/banking-and-finance/one-in-3-interestonly-borrowers-dont-understand-their-loans-ubs-20171004-gyu2qh
Image source: https://www.rba.gov.au/speeches/2018/sp-ag-2018-04-24.html
Force III: Rising Mortgage Costs
Major banks recent rate increase is just the beginning, as other banks will almost certainly follow suit.
This means that investors (many of which are speculators) will have to face principal payments AND more expensive debt at the same time. And if THAT doesn't make them dump their properties back on the market on whatever price they can get, this will:
Force IV: Oversupply Leading To Decreasing Rental Income
Signs of oversupply are already showing in the data, and are about to get worse as more developments reach the market. Again, decreasing many investors' ability to keep their current assets.
THESE SPECULATORS WILL NEED TO SELL FAST…
AND ACCEPT ANY OFFER THEY CAN GET!
Experts estimate that over a million will be severely impacted by the tidal wave these four forces will cause.
As many of them own more than one investment property, we're talking millions of bargains at rock-bottom prices for those that can afford them.
And that, of course, is the problem.
Because of the credit crunch, most investors interested in picking up these bargains will have to sit on the sidelines and miss out.
They'll have to watch idly as the best deals of the decade swoosh by.
Yet Positioning Yourself To Secure Some Of These Epic Deals Is Easy!
(If You Take Action Now)
Here's the good news. You don't need cash, big savings, or a credit line from the bank to snatch some of these killer deals…
You only need access to like-minded people who do have cash, savings, or a capacity to borrow.
And now I'm giving you access to those people… on a silver platter:
Introducing: The Joint Venture Bootcamp
On 15th, 16th and 17th February 2019, I'm hosting a Joint Venture Bootcamp where I will give you everything you need to enter the world of joint-venture deal making.
Get the knowledge you need… Grab my templates for agreements and proposals… Steal the spreadsheets I use to manage my own projects… And on top of all that:
Get introduced to dozens of people who can make any deal possible!
You get it all:
- Everything you need to KNOW about joint ventures – from "I found a deal" to "Money in the bank" – Explained using real figures, real projects, and broken down on a whiteboard right in front of your eyes (the most effective way to cement your knowledge!)
- The best networking opportunity you can get – make friends with the people who can get any deal funded without calling the bank
- Negotiation techniques – how to determine the profit split, rate of return and all other key aspects – make sure you never get the short end of the stick!
- Watertight agreement templates you can copy (save THOUSANDS of dollars on solicitor fees and avoid costly mistakes!)
- The secret to making sure you get your money back – even if the project goes pear shaped
- Access to current deals you can join and get 3X-4X higher returns than your bank would give you
- Mindset – the step-by-step process my own mentor taught me for getting over my fears and limiting beliefs – no more butterflies when pitching your deal or choosing one to join in on!
- Killer guest speakers – including a multimillion dollar property developer who doesn't borrow a cent from the bank anymore (take the banks out of the equation!)
- And more!
I want to express my sincere gratitude for your generosity over the weekend. The presenters, organisation, content, venue, attendees, staff, food, venue, cost and value were all perfect. I’ve been to a few bootcamps and this definitely ranked amongst the best. It was also great to meet you in person and it was abundantly clear to me that you are a man of integrity and an inspiration.Bill Peppos, Sydney
You've Seen The Signs… Now It's Time To ACT!
The current credit crunch will cause a huge shakeup in the property market. Many will lose. More than a million investors will be forced to sell, and to settle for whatever price they can get.
To take advantage, you need to be prepared.
When the deals start flowing, they'll flow like a gushing monster river.
You need to know how joint ventures work and form relationships with deal-ready people before the meltdown begins – or you'll be too late to the party. (And the meltdown is close. So, so close.)
The Joint Venture Bootcamp will give you what you need – access to the right people combined with the actionable know-how you need. All in three jam-packed days.
If you have any interest at all in prospering in 2019 and beyond – this should be a no-brainer decision.
Reserve your spot now – before all seats are taken!
I'll see you there.