Author: JamieMcIntyre

(47)   Articles
Jamie McIntyre is the founder of the 21st Century

Top Rated Articles

Wedding Invitations Don'ts

By Sarrah Beaumont | 5 Rating | Published 2009-07-21 18:24:23

Much is already written regarding weddin...
Read more..

Car Bodywork Paint Repair Restoration Techniques - Spray Painting

By Mario Goldstein | 5 Rating | Published 2009-07-22 21:11:32

When buying a car one of the biggest cho...
Read more..

How Do I Make My Home Insurance Company Hurry Up?

By Anthony Peck | 5 Rating | Published 2009-08-07 05:45:36

Is there anything more frustrating that ...
Read more..

Do You Really Need Car Insurance

By Warren Fets | 5 Rating | Published 2009-08-21 03:45:27

There are many advantages to having car ...
Read more..

So What Do You Really Know About Fashion?

By Benedict Smythe | 5 Rating | Published 2009-08-24 15:48:39

Fashion is extremely seductive, slightly...
Read more..

How to Have a $75,000 Retirement Income From Australian Property in 7 Years Without Borrowing a Cent by Jamie McIntyre By JamieMcIntyre

  in Finances | Published 2012-12-17 01:57:25 | 245 Reads | Unrated

Summary

How to have a $75,000 retirement income from Australian Property in 7 years without borrowing a cent What I’m about to share with you is certainly by far one of the most impressive financial strategies I know It’s a strategy I’ve been told by many of my advisors not to let public

Full Content

How to have a $75,000 retirement income from Australian Property in 7 years without borrowing a cent



What I’m about to share with you is certainly by far one of the most impressive financial strategies I know.



It’s a strategy I’ve been told by many of my advisors not to let public.



Keep it to yourself and key partners.



Why let others take advantage of what you know and others don’t?



And I understand where they are coming from especially as I
m about to reveal possibly the most ultimate financial strategy that exists in Australia right now.



However I made a promise to my first millionaire mentor that I will share every strategy I’ve used to become financially successful.



So I can’t go back on a promise considering he helped me become a millionaire in my twenties.



So below is a formula.



It’s simple.



Makes sense.



And it can be replicated.



It isn’t for everyone.



I will call it a super lot strategy.



It’s part of what I do.



You no doubt have heard me talk about land banking and how it earnt the title of 2012 Number 1 Investment strategy.



Well this is like land banking on steroids.



However you will require access to at least $300,000.



Whether that be super, cash, line of credit or combination.



Or you pool together with some family and friends.



Now if you can’t pull that together then just stick to basic level land banking where you only need $35k to start acquiring land. See http://www.LandBanking.com.au



So assuming you can pool together $300k from whatever sources;



Many Australians have equity sitting in their existing property or superannuation.



As this is a nice patient 7 to 8 year strategy, it is good for super as super is naturally patient money as we can’t use it until retirement anyhow.



So a super lot consists of acquiring at least 10 blocks or lots of land.



Let’s say an example of $110,000 each.



As the beauty of buying bulk lots of land is you can negotiate higher discounts.



With regards to the Super lot strategy, here is a basic formula on how clients can end up with houses completely paid off, earning them cash flow positive income for life!



A ‘Super lot’ consists of 10 land blocks, (but can be as high as 20 land blocks) with a price of $110,000 each.



So 10 x $110,000 = $1.1million.



Providing that the area continues to grow at 10 percent per year, these blocks will double in value in 7 to 8 years.



So $1.1 million in 2012 will be worth $2.2million in 2020.



Each block of land is therefore worth $220,000 or a profit realization of $110,000 per block or $1.1million per Super lot.



Out of 10 Blocks, sell 7 blocks for $1.54 million. (7 x $220,000)



Use $330,000 to pay off the remaining 3 blocks of land and end up with 3 blocks of land unencumbered and $1,210,000 in cash.



Use $300,000 x 3 to build 3 houses on the 3 paid out block of land. ($110,000 + $300,000 = $410,000 cost)



You end up with 3 house and land packages worth $500,000 renting at 5% p.a. equating to $25,000 rental per year or $75,000 p.a. replacing your income.



Plus $310,000 in cash!



It’s virtually a 7 to 8 year complete retirement system!



This is a very simplified example.



Developers often retain paid off land or house and land in projects as a way of capturing their profits and also minimising tax.



To access landbanking super lot strategy email kbobilak@21stca.com.au or phone 1800 99 270. But only if you have access to $300,000 speak to Konrad.



Otherwise, a property consultant can assist – call 1800 999 270. However you must watch the online video at http://www.LandBanking.com.au first.

Jamie McIntyre is the founder of the 21st Century Group of companies and CEO of 21st Century Education. He is also bestselling author, successful entrepreneur, investor, sought after success coach, internationally renowned speaker and world-leading educator. www.jamiemcintyre.com

Jamie McIntyre is the founder of the 21st Century Group of companies and CEO of 21st Century Education. He is also bestselling author, successful entrepreneur, investor, sought after success coach, internationally renowned speaker and world-leading educator. http://www.jamiemcintyre.com

21pbn

Comments

Add Comment:

About the Author

Jamie McIntyre is the founder of the 21st Century Group of companies and CEO of 21st Century Education. He is also bestselling author, successful entrepreneur, investor, sought after success coach, internationally renowned speaker and world-leading educator. www.jamiemcintyre.com