Your Property Future – Investment strategies for tomorrows market!

Thank you again for taking the time to read this newsletter. It continues to be tough going for the property market, with international uncertainties in the stock market and finance area. Scott Keck, Charter Keck Cramer’s managing director made the following observation as reported in The Weekend Australian Financial Review, Page 16, 20-21 Sept. 2008:

“Bricks and mortar may lure stock market refugees.”

As investor confidence in the share market wavers, renewed interest will come. Scott Keck, said “history had proved that stock market cynicism led investors to spend their cash on the safer bricks and mortar option. Now with the Wall Street meltdown, and as happened immediately after the 1987 crash, there will most certainly be a huge flight to direct ownership of real estate. That real estate boom was characterized more by a commercial property boom and collapse, whereas this time we’re going to see a residential property boom and no collapse”.

Australian Property commentators are in agreement that the fundamentals such as our strong economy and the chronic shortage of housing will mean that property values will rise in sort after locations. Once again it will be the law of supply and demand that will cause rents and property values to increase.

Now is the time to take up one of our “PROPERTY INVESTOR OPPORTUNITIES” or learn how to create your own investment property by developing property yourself.

In this newsletter:

Let me remind you again about our final Introductory PROPERTY DEVELOPMENT WORKSHOP to learn how to develop property yourself. YOUR PROPERTY FUTURE “Wealth Creator Magazine is presenting another series of Special Events for property investors. The title of the series is: “Today’s Guide to Investment Strategies for Tomorrow’s Market”. INVESTOR OPPORTUNITIES in our current projects are still available. One is in the Western Growth Corridor of Brisbane. The other in the township with powerhouse potential and huge economic benefits (Bowen in North Queensland). 1. Final Workshop for the yearI will conduct the final introductory workshop for the year in Melbourne on November 22nd. We have already had a number of registrations including some from interstate (as I will not be able to conduct Sydney or Brisbane workshops until next year). At this final workshop I will show again how property development involving subdivision, can really create investment property like no other strategy. I will explain it in enough detail to enable even first timers to get involved. For those who have their projects or some experience you will learn more to help fast track new projects.

Here is a testimonial from an attendee from our last Melbourne Workshop:

“My wife and I recently attended the Developer’s Workshop and were delighted with the quality and quantity of information presented. The workshop really opened our eyes and has given us confidence as to how far we can go with our own projects. Peter is very giving with his time and knowledge and you can tell that he is passionate about what he does, and about helping others. We would highly recommend the seminar to anybody who is interested in property development.” - Max G. July 2008

Since attending our workshop Max has already purchased a development site and lodged an application for a multi unit development. Come along to the Workshop and find out how to do this for yourself.

Final Workshop for 2008: VIC, Melbourne 22nd November2008https://www.smartpropertydevelopment.com/workshops/book?eventId=15If you have questions about our Workshop please call (03) 9893 4757.

2. “Your property future”. Wealth Creator Property Seminars on the following dates: Melbourne Saturday October 11th 2008 Sydney Saturday October 18th 2008 Brisbane Saturday October 25th 2008

3. Investor Opportunities

The setting could not be more picturesque.” “The Seabreeze Estate provides a unique opportunity in Bowen to enjoy an idyllic Whitsunday lifestyle in the sought after Queens Beach area. “Enjoy a lifestyle normally reserved for more up market developments, without the price tag”“Simply a great place to live”.As an investor who wants to develop in good growth locations with good yields I have included another reminder of why I have chosen to develop and invest in this Queensland location.Please see the following link titled “Lights Camera Action: BOWEN”. It was in the Queensland Property & Lifestyle Magazine:

In our Seabreeze Estate I have reserved another four Lots at Special prices for readers of this newsletter. The prices for the Lots are $125K and $130K. Packages for House and land start from $325K.

Because of demand for housing in Bowen rental returns in this Estate will be high from $450+ per week for houses in our Estate.

The construction of the Estate has just commenced. The first houses will be under construction by the end of 2008. Don’t miss this “Special Offer”. Make sure you secure your opportunity NOW to avoid disappointment.

Click on the following links for up to date info:

Seabreeze Pricelist

Expression of Interest Seabreeze Estate

Seabreeze Brochure:

Detailed House and Elevation Plans for Type A Houses:

Detailed House and Elevation Plans for Type B Houses:

Detailed House and Elevation Plans for Type C Houses:

Detailed House and Elevation Plans for Type D Houses:

Plan of the Estate below showing the house sizes (Stages 1 & 2):

House Specifications

Double Storey Lot 59 - Ground Floor

Double Storey Lot 59 - Upper Floor & Elev

Double Storey Lot 75 - Ground Floor

Double Storey Lot 75 - Upper Floor & Elev

Double Storey Lot 77 - Ground Floor

Double Storey Lot 77 - Upper Floor & Elev

House Type K1 - Plan & Elev

House Type K - Plan &Elev

Print off the Pricelist, Plan of the Estate, the House Specifications, and then call us. Other House Plans available onrequest

CONTACT ME ON MOBILE: 0408 342 729 OR THE OFFICE:1300 8802 99 02

FOR FURTHER DETAILS.

(2) “Ironbark Ridge Estate”

DON’T MISS A GREAT INVESTMENT OPPORTUNITY IN A TARGETED GROWTH LOCATION

The Ironbark Ridge Estate is in the right place. This area is earmarked for substantial growth in the future. Read the following from :The Australian Financial Review, Page 69, 23 September 2008

“2008 Wingate plans Queensland Town Centre. Wingate Properties will be the first company to Seek development approval as part of ’s biggest master planned community, Ripley Valley, near Ipswich in Queensland. The Queensland government gave the 5200-hectare project, which will eventually be home to about 120,000 people, the green light at the weekend, fast-tracking the first of 17 sites earmarked to take up the state’s growing population. Wingate, which owns about 200 hectares of land in Ripley Valley, either on its own or with joint-venture partners such as Babcock & Brown and Payce Consolidated, will be the first to submit a development application plan for the area’s town centre. Ripley Valley, 5 kilometres south-west of Ipswich, is expected to soak up 10% of south-east Queensland’s population growth over the next 20 years. The government expects an additional 1 million residents to move to the region over the next two decades –one-quarter to the state’s western corridor, and of that 120,000 to Ripley Valley.

This article gives hope for investors to buy and build in a targeted growth location. You can be sure land costs, council fees, and estate construction costs will continue to rise. With the expected growth in the area you can be sure there will be tenants willing to pay a good rent for your investment property. By buying directly from us the developer you will not be paying a marketer to introduce you to a good deal.

Check this link on our Ironbark Ridge Estate website:

www.ironbarkridgeestate.com.au/Ipswich_Council_Presentation

What are the valuers saying? Read a recent report from LandMark White:

“Recent results provided by the Real Estate Institute of Queensland (REIQ) indicate this softening in the Brisbane housing market with Median house prices declining 1.7% to $420,250 in the Brisbane SD area. Sales rates in the Brisbane region have fallen significantly since the start of 2008 with the preliminary number of sales down almost 20% in the 2007/08 financial year when compared to the previous year. The most recent peak in sales occurred in the March quarter of 2007 where 12,242 sales transacted however sales rates declined from this point during 2007 as a result of limited stock and in 2008 a lack of demand.

Sales of vacant urban residential land parcels in the range of 250 sq m to 2,500 sq m have remained within a median range of $180,000 to $210,000 since the end of the last residential property boom in 2003. Land parcels in Brisbane City and Redland Shire continue to be the most expensive with a median price of $250,000 and $305,000 respectively, owing to the strong demand for the limited parcels which become available. Land in parts of Ipswich and Logan City still remain the most affordable with median prices of $172,000 and $192,000 respectively per lot. Since the availability of the last data, values have leveled off with most developers unwilling to discount prices.

LandMark White anticipate the landing will be quite soft across most market sectors due to the strong fundamentals in the Brisbane market including population growth, under supply of housing and a strong rental market. In the medium term, the only prospect of a change in the market is for the Reserve Bank to soften interest rates further. This now seems more possible however there is a perception that as interest rates fall further, the price growth seen over 2007 will return.”

The Ironbark Ridge Estate in Mary Street Blackstone is nearing completion.

Any remaining building lots are now available with a $5,000 discount for investors and builders looking to pick up a bargain in this ideal location.

THE DEAL:

The few remaining blocks of land available in Stages 1 & 2 are now effectively selling at an average price of $164,000 ($169,000 less the $5,000) Several lots have sold for as high as $175,000.

Investors, we have builders, who can build superb rendered homes, for example,

1) 223 sq m (24SQ) sq home with 4 beds, 2 bath, 3 living area, double lock up garage, patio under main roof, for $183,000

2) 183 sq m (20 SQ) with 4 beds, 2 baths, 2 living area, and double lock up garage, patio under main roof, for $163,000.

Both these prices INCLUDE a FULL INVESTORS PACK with Landscaping Water Tank, Screens, Driveways, Fencing Letter box, Clothes line etc.

The total construction price $327K or $347K

Value at Completion $380- $410K

Ironbark Ridge has been developed to retain the natural environment inclusive of its undulating contours and unique variety eucalypts that are native to this area, the site is also located close to the city centre of Ipswich and the Cunningham Highway.

THE DEVELOPMENT TIMING:

All documents required for the sealing of plans for Stages 1 and 2 have been submitted to council, and we expect registration of titles within 2 weeks. All work on Stages 1 and 2 has been completed.

Not many blocks are left; don’t miss an opportunity to purchase an investment property on the Brisbane side of the Ripley Valley Growth Corridor, where 50 billion dollars is slated for development.

THE LOCATION:

The Australian Property Investor May 2008 had an article entitled THE BLESSED WEST. “Labeled ‘Hot and Happening” by those who know, the city of Ipswich in Brisbane’s west is set to grow almost three times faster than the rest of Old in the coming years.

Our estate is 700 meters from the Cunningham Hwy exit. The Cunningham Highway connects to the Ipswich Motorway which is currently being extensively upgraded. This upgrade will be completed next year, which will reduce travel times to the city from out Estate to 40 minutes. But with so much development in the area, the capital and rental growth is assured.

Rents for 4 bedroom homes in this region are currently at $330+ per week, but with vacancy rates low, and housing limited rents are on the rise

26 Mary St Blackstone, Brisbane UBD MAP Reference 234 H2 Close to Cunningham Hwy, see more details on by clicking this link:

www.ironbarkridgeestate.com.au

DON’T MISS THIS GREAT INVESTMENT OPPORTUNITY

CONTACT ME ON MOBILE: 0408 342 729 OR THE OFFICE:1300 8802 99 02

FOR FURTHER DETAILS.

Investors willing to take serious action amidst the current uncertainties will reap significant benefits from well researched development and investment opportunities. For those who know me and the foray I and a number of others made into Geraldton in Western Australia several years ago, can see the same significant capital growth and investment yield opportunities presenting in North Queensland where the full impact of the Mining Boom is having effect. I wish you well with your property investing and property developing Endeavour’s.

— Peter Comben, Property Developer

Get in now before the Reserve Bank drops Interest Rates!

Thank you for taking the time to read this newsletter. Of late it has been tough going for the property market, but now before the Reserve Bank drops interest rates is an ideal time secure an investment property or development site at a reduced rate.

Property commentators are in agreement that the fundamentals in Australia such as our strong economy and the chronic shortage of housing will mean that property values will rise in sort after locations around Australia. The law of supply and demand will cause rents and property values to increase.

Now is the time to take up one of our never to repeated property investor “SPECIAL OFFERS”

In this newsletter:

Let me remind you again about our final Introductory PROPERTY DEVELOPMENT WORKSHOP to learn how to develop property yourself. What is going on with the property market? What of the future? An evening not to miss in Melbourne next Tuesday evening September 9th What the commentators are saying “Leading Economist Predicts Rate Drop”. Presented by Investors Edge Finance. Check out our never to be repeated “Special Offers” for investors who receive this newsletter. These INVESTOR OPPORTUNITIES are in our current projects. 1. Final Workshop for the yearI will conduct the final introductory workshop for the year in Melbourne on November 22nd. We have already had a number of registrations including some from interstate (as I will not be able to conduct Sydney or Brisbane workshops until next year). At this final workshop I will show again how property development involving subdivision, can really create investment property like no other strategy. I will explain it in enough detail to enable even first timers to get involved. For those who have their projects or some experience you will learn more to help fast track new projects.

Here is a testimonial from an attendee from our last Melbourne Workshop:

“My wife and I recently attended the Developer’s Workshop and were delighted with the quality and quantity of information presented. The workshop really opened our eyes and has given us confidence as to how far we can go with our own projects. Peter is very giving with his time and knowledge and you can tell that he is passionate about what he does, and about helping others. We would highly recommend the seminar to anybody who is interested in property development.” - Max Giordano July 2008

Final Workshop for 2008: VIC, Melbourne 22nd November2008https://www.smartpropertydevelopment.com/workshops/book?eventId=15If you have questions about our Workshop please call (03) 9893 4757.

2. What The Commentators Are Saying!

A Special Melbourne Event for every property investor concerned about interest rates, property prices and rental yields

Interest rates are poised to drop – the impact for property investors can be huge

By the time you receive this email The RBA may have already announced a rate drop of 0.25%, some predict as much as 0.5%… but many questions remain:

Will the banks pass on the full reduction? Would this cut be the last… or the first of many? If so, how deeply will rates be slashed? How do rate cuts impact on property prices and rents? What are the most astute property investors doing? What should you be doing?Investors Edge Finance® presents three respected experts to give you the inside story.

Senior NAB economist, Jeff Oughton will give his incisive insights into what the RBA plans to do with interest rates, where rates are heading, how far it will go and how fast it will move. Renowned property expert, Peter Hay will share his views on how the NAB’s predicted rate cuts will affect on the property market and how you should adjust your investment strategy. Prominent financial architect Andrew Gardner, will present strategies to exploit opportunities created by the tightest finance conditions in decades.For more information click on the button below

This ‘must attend’ event will provide you with a definitive strategy to optimize the opportunities and avoid the traps in an emerging new property investment landscape.

Book directly with Investors Edge by clicking on the Register button below

or call Helen on 03 9509 8911 or by hitting “Reply” on this email

I will be attending this event on Tuesday 9th September and I look forward to seeing you there.

3. Investor Opportunities “Special Offer” number one:Our “Ironbark Ridge Estate” Subdivision is nearly complete, but with the market changing sales have slowed, this can be a real positive for the astute investor. Read the following:

“Building slump hits renters The knife-edged economy is putting pressure on the new home building market in Queensland, with a fall of nearly 20% tipped in the December quarter. The slump will put more pressure on an already strained rental market. Home builders are also expected to suffer from the drop in demand, which the Housing Industry Association expects will stay weak until late next year.

The Courier-Mail, Page 2, 20 August 2008”

This article gives hope for investors to buy and build for less, and as well be sure there will be tenants willing to pay a good rent for your investment property. By buying directly from us the developer you can be sure that you will not be paying a marketer to introduce you to a good deal.

DON’T MISS A GREAT INVESTMENT OPPORTUNITY IN A TARGETED GROWTH LOCATION

The Ironbark Ridge Estate in Mary Street Blackstone is nearing completion.

The 10 remaining building lots are now available with a $10,000 discount for investors and builders looking to pick up a bargain in this ideal location.

THE DEAL:

The remaining 10 blocks of land available in Stages 1 & 2 are now effectively selling at an average price of $159,000 ($169,000 less the $10,000) Several lots have sold for as high as $175,000.

Investors, we have builders, who can build superb rendered homes, for example,

1) 223 sq m (24SQ) sq home with 4 beds, 2 bath, 3 living area, double lock up garage, patio under main roof, for $183,000

2) 183 sq m (20 SQ) with 4 beds, 2 baths, 2 living area, and double lock up garage, patio under main roof, for $163,000.

Both these prices INCLUDE a FULL INVESTORS PACK with Landscaping Water Tank, Screens, Driveways, Fencing Letter box, Clothes line etc.

The total construction price $322K or $343K

Value at Completion $380- $400K

Investors, there is a profit of $50K to be made in an 8 month period.

Ironbark Ridge has been developed to retain the natural environment inclusive of its undulating contours and unique variety eucalypts that are native to this area, the site is also located close to the city centre of Ipswich and the Cunningham Highway.

THE DEVELOPMENT TIMING:

All documents required for the sealing of plans for Stages 1 and 2 have been submitted to council, and we expect registration of titles within 2 weeks. All work on Stages 1 and 2 has been completed.

Only 10 of the available 67 Lots are left. With 57 Blocks having been sold already there will be considerable building activity taking place at Ironbark Ridge later this year.

THE GROWTH & RENTAL POTENTIAL:

The Australian Property Investor May 2008 had an article entitled THE BLESSED WEST. “Labeled ‘Hot and Happening” by those who know, the city of Ipswich in Brisbane’s west is set to grow almost three times faster than the rest of Old in the coming years.

Ironbark Ridge Estate, is in the middle of the growth corridor the Ripley Valley, where 50 billion dollars is slated for development.

Our estate is 700 meters from the Cunningham Hwy exit. The Cunningham Highway connects to the Ipswich Motorway which is currently being extensively upgraded. This upgrade will be completed next year, which will reduce travel times to the city from out Estate to 40 minutes. But with so much development in the area, the capital and rental growth is assured.

Rents for 4 bedroom homes in this region are currently at $330+ per week, but with vacancy rates low, and housing limited rents are on the rise.

THE LOCATION:

26 Mary St Blackstone, Brisbane UBD MAP Reference 234 H2 Close to Cunningham Hwy, see more details on by clicking this link:

www.ironbarkridgeestate.com.au

DON’T MISS THIS GREAT INVESTMENT OPPORTUNITY - OFFER CLOSES 30 SEPTEMBER 2008 (Or when sold out)

CONTACT ME ON MOBILE: 0408 342 729 OR THE OFFICE:1300 8802 99 02

FOR FURTHER DETAILS.

“Special Offer” number two:As an investor who wants to develop in good growth locations with good yields I have included a reminder of why I have chosen to develop and invest in these Queensland locations.

Please see the following link titled “Investors should follow the Queensland Governments initiatives”.

It was in the Queensland Real Estate section of a recent Wealth Creator magazine:

http://www.thecombengroup.com.au/documents/private/Investors-should-follow-the-Queensland-Government’s-Initiatives.pdf

In our Seabreeze Estate I have reserved four Lots at Special prices for readers of this newsletter. The prices for the Lots are $120K and $125K. Packages for House and land started from $320K. Because of demand for housing in Bowen rental returns in this Estate will be high from $450+ per week for houses in our Estate. Once again……..

CONTACT ME ON MOBILE: 0408 342 729 OR THE OFFICE:1300 8802 99 02

FOR FURTHER DETAILS.

Seabreeze Estate Links:Check out these links for yourself with up to date information about the Seabreeze Estate for all interested parties

Seabreeze Pricelist

Expression of Interest Seabreeze Estate

Seabreeze Brochure:

Plan of the Estate below showing the house sizes (Stages 1 & 2):

Detailed House and Elevation Plans for Type A Houses:

Detailed House and Elevation Plans for Type B Houses:

Detailed House and Elevation Plans for Type C Houses:

Detailed House and Elevation Plans for Type D Houses:

House Specifications

Double Storey Lot 59 - Ground Floor

Double Storey Lot 59 - Upper Floor & Elev

Double Storey Lot 75 - Ground Floor

Double Storey Lot 75 - Upper Floor & Elev

Double Storey Lot 77 - Ground Floor

Double Storey Lot 77 - Upper Floor & Elev

House Type K1 - Plan & Elev

House Type K - Plan &Elev

Contract document Links:

Seabreeze Disclosure

Seabreeze Contract

The construction of the Estate has just commenced. The first houses will be under construction by the end of 2008. Don’t miss this “Special Offer”. Make sure you secure your opportunity NOWto avoid disappointment.

Thank you for taking the time to read this newsletter. As always I have been very busy with our projects I would like to apologize for not communicating more often. I wish you well with your investing and developing Endeavour’s.

— Peter Comben, Property Developer

Thanks for taking time to check this out!

You probably know by now that I have been a serious property investor for the last 7 – 8 years. I have also been a strong advocate of the massive add value strategy of “property development”. As the property investment market has tightened up many of the other investor strategies have become less viable.

With the other investor strategies failing, because of market forces, you can always create your own investment property via Property Development , or by understanding how property development works enable you to still make two profits:

a) The first profit from developing property yourself, or buying wisely “off the plan”

b) The second profit from retaining property in good capital growth locations where the value doubles every 7 to 10 years.

In this newsletter:

1. Find out how I have invested my self and what strategies I have used:
   LISTEN TO MY STORY via the links to a STREAMED VIDEO INTERVIEW
2. Come along to an Introductory PROPERTY DEVELOPMENT WORKSHOP to learn how to do it yourself.
3. Attend an exciting upcoming event “The Masters of Property Investing”
   (Special TWO FOR THE PRICE OF ONE offer)
4. Just what is going on with the property market, and what of the future…? Read what the commentators are saying in “Will property be the next to fall- Almost certainly no, not in these suburbs” …. Article by Melbourne Herald Sun Property Editor Tony Rindfleisch.
5. Check out INVESTOR OPPORTUNITIES in our current projects.

1. How Did I Invest In Property and How Developing Property Helped Me!

Click to view the interview teaser and sign up for the full interview:

Peter Comben interviewed by Rowena Speirs

2. Workshops

I will again be conducting some more introductory workshops at which the massive value add strategy of property development involving subdivision that can really create investment property like no other strategy will be explained in enough detail to enable even first timers to get involved. Many past attendees have gone on to have great success.

Here is a testimonial from a recent attendee:

“I attended the Peter Comben’s Smart Property Development course in mid 2007. I initially attended courses on property with too many angles and not enough focus for me on Development, until I attended this course.

Peter runs a really informative, well structured and real time course that allows you to feel confident that property development is not out of your reach. He showed how with focus and commitment we can all do well from development. He directs us how to gain more knowledge and plan projects well. A year later I am now completing my first, with the second development now underway.

Peter gave me sufficient knowledge of the process and confidence allowing me to move more assertively into the Property world…I now await the advanced program please!”
- Michael C (Sydney)

If you receive this newsletter and haven’t as yet attended one of our courses, check out the dates below. If you have and have had similar help to Michael from Sydney above please encourage a friend to come. If you need to revisit and come again for a refresher you can for a special return rate, call our office to register. The next workshop dates are as follows:

Upcoming workshops:

• QLD, Brisbane 21st June 2008
  www.smartpropertydevelopment.com/workshops/book?eventId=17
• NSW, Sydney 5th July 2008
  www.smartpropertydevelopment.com/workshops/book?eventId=16
• VIC, Melbourne 26th July 2008
  www.smartpropertydevelopment.com/workshops/book?eventId=14

If you have questions about our Workshops please call (03) 9893 4757.

3. The Masters of Property Investing Special Offer

A Special offer for readers of this newsletter from
Wealth Creator: Two for the price of one
“The Masters of Property Investing”

For those of you in Brisbane, the first of the Wealth Creator Masters of Property Investing Seminars will be held this Saturday. (June 21st) I will be speaking in the afternoon at 4:30pm. Those who have not heard me outline the fundamentals of property development should attend one of the upcoming one day seminars to become better informed.

Of course those who attend will also hear from a number of other property professionals. Download information about the Brisbane, Sydney and Melbourne Seminars and find out who the other speakers are by clicking on the link below.

Download a PDF for more information.
(wealthcreator.com.au/assets/files/WCM_PSadd_A4_new.pdf)

The finance and investing landscape is continually changing. With the US sub-prime disaster, interest rates on the rise, the stock market crashing and global uncertainty, you might be wondering what on earth is going on!!

Well you’re not alone. The landscape has changed and last year’s rules may not apply this year! The market is turning if it hasn’t already turned and now is the time to get on board. Learn from our experts who will guide you through the process of structuring, protecting and growing your wealth.

Don’t sit back and watch others around you take advantage of today’s market - take action and you won’t regret your decision.

Smart Property Development and Wealth Creator are offering our clients a very special “Half Price” offer that will ensure that this event sells out. To avoid disappointment book early to secure your place.

On the day you will receive a workbook containing all of the presenters’ notes, in which you are able to make your own notes. To take advantage of this offer enter the following code in the “Discount” area of the online booking form: DC21

To book your place click on the link below.

www.wealthcreator.com.au/property-seminar.htm

What you will learn on the day:

• From me you will learn How to become a property developer yourself and how you can profit as an investor from having knowledge of how property development works.
• How to set up “No Money Down” finance deals to purchase property;
• The importance of purchasing properties in the right “structure”;
• Protecting your assets from litigation while maximizing your tax advantages;
• Discover the world of Property Options;
• Learn about the upcoming property “Hot Spots” - where to invest in 2008;
• Growing your portfolio in uncertain times AND staying positively geared;
• And much, much more…

Due to huge demand these seminars will sell out. Make sure you don’t miss out on this year’s event and book early. Enter your discount code DC21 and you and your guests will go for half price!

To reserve your place Click Here
(www.wealthcreator.com.au/property-seminar.htm)

For more of the event details please click the picture below:

www.wealthcreator.com.au/property-seminar.htm

4. What The Commentators Are Saying!

WILL PROPERTY BE NEXT TO FALL?
ALMOST CERTAINLY NO - ESPECIALLY IN THESE SUBURBS
SHOCKWAVES early this year in the share market have investors and home buyers assessing whether property will suffer a similar fate.

As $100 billion was wiped off the value of Australian shares on one day this week, property owners were casting a critical eye over the security of their real estate investments.

Many were asking: will property be next?

The answer, almost certainly, is no.

Financial analysts say that a downturn in the share market is usually good for property, with some nervous share investors pulling their money out of equities and putting it into bricks and mortar.

That creates greater demand for property, fuelling the market and pushing up prices. That makes it harder to afford a home, especially if you are a young first-home buyer competing against determined investors.

Independent property adviser Monique Wakelin, of Wakelin Property Advisory, said suburbs likely to be hit hardest by the spin-offs from the share market were those with prices lower than $500,000, because the greatest proportion of investors could afford entry-level properties. Suburbs that have investment potential, such as St Kilda, where apartments are investor targets, and Footscray, where old-style properties are popular, can expect greater than average price growth.

Locations such as Croydon, Frankston and Geelong, where there are good value-for-money homes, have also been highlighted by property experts as places to watch in coming months.

Ms Wakelin said history had shown that periods of unsettlement in the share market led to an increase in the property market.

“Stock market volatility is a catalyst for growth in the property market. It has been for the past 50 years,'’ she said. “People perceive property as a greater safe haven and they pull part of their funds from the stock market and put it into cash and then move into property.'’

Ms Wakelin predicted growth of 5 to 8 per cent in property this year, only partly due to the fallout from the share market.

Unsatisfied demand for property from last year would carry over into this year, she said.

Property analyst Angie Zigomanis, of BIS Shrapnel, said share market woes could dampen confidence in personal investment, especially at the top end of the market, but it was difficult to say by how much.

“People’s perception of wealth depends on the value of their shares, especially if their income is tied to bonuses linked to share market activity,'’ Mr Zigomanis said.
The fundamental factors affecting the property market had not changed, he said.
Victoria’s population was still growing strongly, not enough new houses were being built, rental demand was high and the robust national economy would continue to support growth in housing prices, Mr Zigomanis said.

Some investors might sit on their hands until the share market unsettlement eased, he said.

Estate agents in Victoria’s most expensive suburbs reported minimal change to sentiment this week. A couple of potential Portsea buyers withdrew their interest and phones quietened for a few hours in some inner-city estate agencies.

One buyer, who had offered $1.5 million for a property, slashed his offer to $750,000 in anticipation of a property market meltdown, but in other areas interest remained strong.

Barry Plant Group director Barry Plant said the real estate market was fuelled by confidence and when, it was high, buyers paid more and borrowed more freely.
Some holiday house buyers might review their situation because second homes were a discretionary purchase, but Mr Plant said he expected the factors that powered last year’s property market would thrive for much of this year.

“Last year was our strongest year ever and I think the market will get stronger over the next six months,” he said.

Real Estate Institute of Victoria president Neil Laws said property became more attractive when the share market was unsettled.

Movement of investors out of shares and into property was not good news for home buyers, he said.

Financial adviser Kevin Bailey, of The Money Managers, said devaluation of shares was good for property.
“There are no negatives (for property) unless we go into a deep recession and there is no indication of that,” Mr Bailey said.

Tony Rindfleisch Property Editor Sunday Herald Sun Ph 03 9292 1746

5. Investor Opportunities

Our Ironbark Ridge Estate Subdivision Project is finally complete (see above). It is now too late to invest there. However, if you are interested in partnering with us in our new current projects, the time to invest is now before the prices rise.

If you missed previous newsletters where I outlined why and how to invest with us in more detail, the PDF version of that article can be downloaded here.
(www.ironbarkridgeestate.com.au/combenMaximiseInvestment.pdf)

INVEST NOW IN ONE OF OUR CURRENT PROJECTS: BLUESEA or SEABREEZE IN THE FABULOUS WHITSUNDAY COASTAL TOWN OF BOWEN

Download PDF

Please send an email if you are interested purchasing a Bluesea Apartment “off the plan.” Bluesea is an up-market apartment building with prices ranging from $600K to $2M +

Our other current project in Bowen in North Queensland is the Seabreeze Estate (a gated community title estate with smaller lots and three bedroom homes) These packages range in price from as low as $320K .To receive further information send an email requesting it to me: peter@thecombengroup.com.au

As always I have been very busy with our projects I would like to apologize for not communicating more often. I wish you well with your investing and developing endeavours.

— Peter Comben, Property Developer
www.smartpropertydevelopment.com

If your future is going to be brighter it helps if you work hard to make that future today!

Have you ever heard the saying that you have got “as much money as you deserve”? Your quest to improve your own financial position clearly rests on your own shoulders.

So what of the future? Each of us needs to look at our futures. It is motivating to know the potential of the future if you start work on it today.

Many of us don’t stop to think even of the minimum requirements. Here is a current statistical analysis of the minimum requirement; no doubt these amounts will grow as the years between now and your retirement grow.

“The Association of Superannuation Funds of Australia in their Feb. 2004 study showed that a couple would need an annual income (after tax) of $43,350 for a comfortable lifestyle. A single person would need $32,800. To achieve this couple needs income generating assets of approx. $1,100,000 (that’s excluding their family home). The equivalent asset pool for a single person is approx $800,000.”

You cannot blame others or rely on others. You need to take action yourself. If you choose property as your vehicle and need to learn more, I can probably help. Come and listen to me at our Property Investment Seminar next Monday night (details below), or for the more serious, come and attend a full day Property Development Workshop and Consultation in April.

But for the majority of people, the thing they most need to do is take action!

Check Out How You Can Partner With Us The Developer to Fast Track Your Investment Portfolio

Check out what the Comben Group has available by contacting us on 1300 88 99 02 (If you need to find out how to Maximize your investment opportunity in Australia check out how to do it with the help of the Comben Group. See article for more detail, a PDF article can be downloaded here.)

I have been successful as a developer and made good profits, but I have made significant profits from being an investor as well.

Click here to view the introductory leaflet…

Click here to view our current projects.

— Peter Comben, Property Developer

Thank you once again for taking the time to read what I have to say! As always I have a lot to share but am typically struggling for the time and the right moment to put it all into written form.

We are already well into 2007 and as this is our first newsletter for the year I trust you had some sort of enjoyable break over Christmas and the New Year and are now well and truly back into the swing of things.

So let’s get straight into it…

New Website Launches

A couple of days ago my web developers switched my website over to its exciting new and improved platform, showing off a new, more refined look and feel, as well as some greatly enhanced functionality.

The big plus for me is the launch of my online shop, making product and workshop ticket purchases a breeze, both for you, and for Jocelyn and me in the office.

We’re still working on it, but we have a “clients-only” area under development which will offer previous workshop attendees and product purchasers access to a range of resources and data that others won’t see. Stand by for more information about that coming soon!

If you like what you see, or you can think of further improvement in what you see online, please drop me a line. I’m always keen to improve how we do things and I warmly welcome your feedback and suggestions.

Amazing Movements in the
National Property Market

“Property Issues” are being reported on a lot more as we get into 2007. Property markets and related issues continue to get the headlines, and for good reason. Here’s my spin, for your information…

As you will recall, we went to Western Australia some time ago; in particular, an under-valued growth/transition location, namely Geraldton. That was now 3 and a half years ago, and the rest — as they say — is history!

We are now looking at property values in Perth and other urban areas in Western Australia that are the consequence of amazing and sustained growth rates that have not anywhere near been matched in other States. Market forces will now apply to the good locations in the Eastern States, to bring them up to a level that is closer to the new “benchmark” set in Western Australia.

Here’s a stunning example: In the Perth suburb of Wembley (near Subiaco), a small three-bedroom house I visited had recently sold for $820,000. It was rented for $370 per week! Compared to a similar home in a comparable suburb of Melbourne, Sydney or Brisbane, it was valued at least 40 per cent higher. Amazing stuff!

We’ve concluded that we cannot buy that house — or similar — or do a development there, as the land content is now simply too prohibitive. We’re therefore looking to identify the next location somewhere in Australia that is set to experience major growth…

Investing to Maximise Your Returns

It is universally agreed that well located residential property is a great investment. How can investors maximise their opportunities in today’s market?

Investors have, for a long time, found tried and true properties in and around capital cities. Capital growth in these locations statistically doubles in value in a seven-to-10 year period. Thus, investors who want their properties to grow at a faster rate need to take account of locations where demand way outstrips supply and where capital growth is prominent.

In a recent article in the Australian newspaper Bernard Salt, well known Australian demographer, pointed to ‘regional locations on the east coast – particularly between Bundaberg and Townsville in Queensland – where the jobs growth and money is at the moment. These areas are being driven by the masses of wealth concentrated in the mining communities’. The article predicted strong growth in towns such as Yeppoon and Bowen, in Central Queensland, and Esperance in southern Western Australia as the resources sector continues to surge. Your own due diligence as an investor is essential, if you are to profit from opportunities available in the market today. It is no good saying I should have invested in Western Australia three years ago. Rather you need to look for the next potential massive growth location.

Other than finding the right growth location, investors can help to maximise their property portfolios by doing the following:

1. Creating the correct structures to protect their existing assets.
2. Learning how to access the tax benefits they are legally entitled to.
3. Seeking out and learning from mentors who have invested successfully themselves.
4. Accessing the best funding for their investment.
5. Buying investment property from a reputable source. We have all been made more aware of ‘rip offs’ that have occurred and still occur in the market place. It is in the buying of a property that we make our potential profit, so make sure you don’t pay inflated prices. Take responsibility for the due diligence on the Real Estate Agent, the developer, the marketers, even the investor clubs who all offer property at over inflated prices. The purchaser often still pays commissions of five per cent or more and it is not unheard of to find commissions of up to $40,000 being added to the purchase of a $300,000 property. Overpaying for an investment property can put you behind the eight ball from day one and it may take several years to make up the over inflated price, leaving you unable to access equity to re invest.
6. Confirm the value of your proposed investment property. The lenders valuer is the best person to assess the true value of your property.
7. Rental income is an important element, make sure your property is going to appeal to the market, and that there is an ongoing demand for it.
8. The property cycle can help the investor to find properties poised for accelerated growth. A great time to buy is at the end of a property slump and the beginning of an upturn. Now three years after the down turn at the end of 2003 in the eastern states of Australia. Melbourne and Brisbane are showing signs of recovery. There are a number of potential growth areas that will significantly outperform the market over the next five years. You need to have a balanced property investment portfolio, with some properties in more traditionally consistent growth locations, and some in the regional growth locations where demand way outstrips supply.

Buying investment property is not a short-term investment strategy; properties need to be held for at least five years. After that period you will be in a position to know whether to retain the property or not. Advanced property investors end up with a portfolio of properties they will never sell. In fact, they eventually plan for them to transfer to their children who in turn can benefit from the future income and equity growth.

Click here for the PDF version.

FREE Property Investment Seminars

To help investors make more educated and informed investment decisions, we are running a very limited number of free investment seminars. These seminars will give you the opportunity to delve into the specific details of our own development projects, to closely assess their value as an opportunity for your own investment, and to discuss your concerns and questions with me personally.

Click here to view the introductory leaflet for our first FREE Melbourne event…

Click here to register your interest in attending this Monday night’s FREE presentation.
Alternatively call us to find out more on 03 9893 4757.

Click ‘Forward‘ in you email viewing program to send this information to a friend.

Click here to receive notifications of future presentations both in Melbourne and Interstate.

Introductory Property Development Workshops

We are again running our introductory property development workshops this year. Our first for 2007 was in Sydney just last weekend, and was very well attended. I am constantly amazed at the calibre, commitment and enthusiasm of those who have attended our past workshops, evidenced both on the day and in subsequence months as they put their new-found learning into action.

Click here for the dates of our next Property Development Workshops and to register online…

I am convinced the best way to share this energy with you is via testimonials and case studies, which we’re presently collecting and sorting through.

Stand by for more soon…

— Peter Comben, Property Developer

Hi friend,

Welcome to the first post of the Smart Property Development Blog.

My name is Peter Comben, and if you’re visiting this site you’ve probably already heard of me and will know that I’m a property developer by trade. I’ve been developing real estate for quite some time now, and was even featured in Dale Beaumont’s book “Secrets of Property Millionaires Exposed“.

Before I became a property developer I was a school teacher, and it’s my passion for teaching which brings me to share my knowledge of real estate and property development with you here now.

Over the next short while I will be uploading some past newsletters onto this blog so that you can access the information which they contained - and later, I will be adding to this information with additional insights on property development and real estate investing.
I hope that the insights I am able to share with you can help you to become a successful property developer in your own right, and reap the financial benefits of doing so.

Warmly

Peter

Peter Comben
Smart Property Development
www.smartpropertydevelopment.com.au

Dear friends,

Is it just me or is the year flying by?!

It’s May already and high time for Newsletter Number Two. This one is a BIG READ… packed full of great information to challenge and inspire your property development efforts. What I’m covering this month:

There’s a lot of meat there, so let’s get straight into it…

Upcoming Property Development Workshops

Just a reminder about our upcoming Property Development Workshops. They’re as popular as ever and I’m always working hard to keep the material fresh with examples from my current projects. So even if you’ve been to a workshop before, if you’ve lost the zeal or just need to brush up on things, you know where to find me…And as always, folks who’ve previously attended a workshop can come again at a greatly reduced rate. Email me if you’re interested. Plus, if you’re sending a friend to one of our workshops, let me know that too - I’ll look out for them and make sure they’re well looked after.Just a warning, that there are only two weeks left to the Brisbane workshop, so act fast if you’d like to come!

2007 Property Development Workshops:

Click here to view upcoming workshops.

How to Get Started in Property Development

“How do I begin to become a property developer?” It is a question often asked but rarely answered properly. There are several ways and some will be more applicable to you than others, depending on your goals, skills, finances and aspirations. But whatever situation you are in, property development is possible.First-time property developers are often frozen into inaction by fear of the unknown and uncertainty about issues they are preparing to encounter.

Let’s assume you have enough cash for a property deposit or sufficient equity in your home to enable you to make a purchase. But what type of property should I buy?

There is no one-size-fits-all answer, but each solution has one major component. To succeed in property development you must buy properties to which you can add value.

It might be an old, solid house in a valuable location that needs a cosmetic renovation to greatly increase its value. This is the classic case of the “worst house in the best street”.

Or it might be a well-located house that is positioned on a block in such a way that it is suitable for an extension. Or a property in an area of scarce off-street parking that has space for a new carport or garage to be built.

Or the property you buy might be set well forward on the block, enabling a second dwelling to be built at the rear before being subdivided into two separate titles and therefore multiplying the value of the original asset.

In each of these examples the focus has been the same – to increase the value of the property. By adding value we create opportunities to sell the property for a profit or leverage against it and borrow to buy another.

If you are not in a position to do any of these things, there are other ways.

Young adults are increasingly making arrangements with their parents to allow the younger generation to use equity in their parents’ house to take the first step on to the property ladder. Many have gone on the repay their parents and develop a substantial property portfolio.

Others are continuing to live rent-free at home longer with support from parents who are encouraging them to put the money they would otherwise have spent on board towards a property deposit.

And siblings and friends are pooling their resources to get started in property development. Like they always say, two heads are better than one.

The methods are many and varied and I cannot hope to explain them in detail here. Suffice to say, these are some of the ways in which I started my property development career 19 years ago. And I still follow the same principles today.

Counting the Cost - First Home Owner Investor
By Tony Rindfleisch, Property Editor, Sunday Herald Sun.Like many teenagers, Scott Terry had dreams of buying a shiny car, which would be his pride and joy. The apprentice glazier planned to spend up to $35,000 on a vehicle that would make heads turn. But then Scott realised a major disadvantage with his idea and abandoned it in favour of what he believed was a better long-term strategy.”I didn’t want to throw my money away,” Scott said. “Cars go down in value and houses go up.” With this simple analysis, Scott bought his first investment property when he was 18 and earning an after-tax pay of only $280 a week. He is part of a large and growing sector of first-home investors in the real estate market. Many young adults such as Scott are putting their money into property while they continue to live at home with their parents.They use their tenants to help pay for the property and save what they are not spending on board or rent to reduce their loan, buy more properties or enjoy a vibrant lifestyle.Scott, now 19, saved $26,000 for a deposit during his apprenticeship and bought a three-bedroom townhouse in the Gold Coast suburb of Tugun for $235,000 last year. “The tenant pays more than half (the loan repayments) and it’s not hard to pay for it every week,” Scott said. “If I can do it, so can anyone else, so long as you can save and are not going to back out of it.”

Scott, who has organised his loan through Wizard Home Loans in Dandenong, has set his sights on a second property, or perhaps a better car, now that his investment strategy has been established.Chartered accountant Melanie Cassy, of Hawthorn, said there were major advantages for people who could collect rental income without having to pay rent. And there were sound reasons for first-home investors to buy property, especially if it was selected for its ability to grow in value, Ms.Cassy said.

Investors gained tax deductions and rental income to offset the loss of $10,000 first-home buyers’ grants (which were not available if they did not live in the property) and the liability for capital gains tax, Ms Cassy said.Data prepared by Ms Cassy (see details) shows that a first-home investor can be almost $50,000 better off than a person who lives in their first home over five years.

DETAILS OF MELANIE CASSY’S EXAMPLE

Purchase Price $300,000

Stamp Duty, Legal Fees etc. 15,000

1st Home Owners Grant (10,000)

TOTAL COST $315,000

Rental Income P.A Nil 11,400

Rates/Insurance/Repairs (2000) (2000)

Agents Commission Nil (800)

Interest (18,000) (18,000)

TOTAL COSTS P.A ($20,000) ($9400)

Tax Refund @ 30% Nil 2820

NET AFTER TAX COST P.A ($20,000) ($6580)

Net Proceeds on Sale 367,000 367,000

Cost of Acquisition (305,000) (315,000)

Capital Gain 62,000 52,000

Capital Gains Tax Nil (7800)

NET AFTER TAX GAIN $62,000 $44,200

Holding Cost for 5 years (100,000) (32,900)

SURPLUS/(DEFICIT) ($38,000) $11,300

ASSUMPTIONS

Purchase Price: $300,000

Borrow: $240,000 LVR 80%

Loan: 7.5% Interest only for 5 years

Average Growth P.A: 5%

Property Value after 5 years: $382,884

Marginal Tax Rate of Purchaser: 30%

Investor lives at home rent-free

“If they do the smart thing and put away the money they would have spent on rent or board and save or invest it, then they will really get ahead,” Ms Cassy said. She said investors did not need to earn high incomes, but those on high incomes gained the best tax advantages. What investors needed was disposable income and a solid savings capacity.
Ms Cassy has clients aged only 23 and earning $27,000 who own investment properties. Others at 25 have three properties. “I’m very impressed at the initiative of these people. Often they are not qualified in financial areas,” Ms Cassy said.

Independent property adviser Monique Wakelin said first-home investors tended to buy one-bedroom flats for about $260,000 or small inner-city houses for less than $500,000. They were financially literate, well researched and highly aspirational aged in their 20s and 30s, she said. `Their savings ability is enormous,” Ms Wakelin said. “They are keenly aware that they must provide for themselves because there won’t be a government pension for them. “If they invest early they can harness the power of time and gain the ability to control equity through capital growth.”

Chairman John Hopkins of the Property Investment Association of Australia said a property buyer who invested early gained the advantage of compounding. For example, an investor who spent $250,000 on a property today that grew in value to $450,000 over 10 years was $200,000 ahead of a buyer who spent the same amount 10 years later. And the early buyer had their $450,000 working for them in the future, Mr Hopkins said. `The earlier you start is very important,” Mr Hopkins continued. “Do it now, don’t wait, subject to over commitment. “Do what you can afford and what is right for your circumstances. “There is no point doing it if you have to sell in four years.” For first-home investors, buying property was a form of enforced saving that might act as a stepping stone to a future permanent home, Mr Hopkins said. “It is not difficult for an investor who starts in their 20s to accumulate five properties during their life.” Many people delayed buying property until they settled into a relationship or career, but they need not wait that long, he said. Mr Hopkins, who runs a property investment and a financial services company in Melbourne, said a client in his late 20s, who bought his first property for $39,000 in Prahran at age 17 now owns four properties.

A survey for Wizard Home Loans this year found that 61,000 Australians planned to buy an investment property before a house to live in. “Young Australians are choosing an alternative road to home ownership for a range of financial and lifestyle reasons,” said Wizard chairman Mark Bouris. He said first-home investors live mostly in the eastern states where prices are highest. Mr Bouris said 45 per cent of those surveyed planned to buy an investment property because they could not afford a house where they wanted to live. Another 45 per cent said they intended to travel so buying an investment property made more sense than buying a house to live in. “Young people are taking up smarter strategies to get into the market,” Mr Bouris said “Two-thirds said property investment was the first step to achieving their home ownership goals and a quarter were worried they’d never be able to afford their own home unless they got into the market now by investing.” About 5 per cent said they planned to build a portfolio of investment properties.

[Tony Rindfleisch can be reached at 9292 1746. Article courtesy of the Sunday Herald Sun.]

Peter’s comments…

Scott and Melanie’s story ring true. I have been advocating that first time property purchaser’s look into investing first. I want to thank Tony for making this article available, if it challenges you, take action, or if you feel it may assist a young person you know who may be contemplating a property purchase, send a copy to them.

Of course, Tony Rindfleisch agrees with me about the massive value add techniques I have been teaching. He has become an action taker himself as well as previously writing on the subject. Look out for his articles every Sunday in the Herald Sun.

Property Development affords numerous value add strategies that can fast track those who commence investing in property. Just imagine starting young AND using property development strategies to fast track yourself. Where could you be in 5 years? In 10 years? who knows?

Subdivide and Profit

It’s a fundamental principle of all my development work that I secure a good profit. And I and others have proven over and again that subdivision can be a very effective way to make a handsome profit from a project that doesn’t expose you to any unnecessary risk.

And wouldn’t you know it?! Bronwyn Davis over at Australian Property Investor (API) Magazine has written on just this topic… and I’m even interviewed in the article, too.

Because of the length of the article and the fact that it does look rather nice in its original published form, I’m providing a link here to an Acrobat (PDF) version on my website. Do make sure you print it out and read it at your leasure.It contains a number of case studies and lots of good information for anyone weighting up subdivision as a property development strategy.

I commend this article to you, and it is offered here with permission from API Magazine.

Click here to view the API article

Essential Qualities of Multi-Millionaire Property Investors

Ever wondered why some investors achieve extraordinary success, while others struggle to make the grade? Why some investors attract an abundance of great opportunities, while others are still out there looking? A new book titled Secrets of Property Millionaires Exposed! takes people up-close and personal with eleven of the country’s most successful property investors, including John Fitzgerald, Hans Jakobi, Peter Comben, Ed Chan, Dymphna Boholt, Rick Otton, Craig Turnbull and others. In a surprisingly candid way each contributor shares their own unique wealth strategy and dozens of hints and tips from years of experience.

The following ten (10) points are the authors’ perspective of those personal qualities and attributes that all multi-millionaire property investors have in common.

1. A Strong Desire – Successful investors have a strong desire to achieve their goals. They are not willing to compromise on their dreams and tend to be people that won’t settle for a mediocre life. They understand the importance of building wealth, not for the sake of having more money, but for the lifestyle, time and choices it brings. For example, one of the people in the book, Dymphna Boholt, was at a low point in her life where she’d just gone through a divorce and had two hungry mouths to feed. Her wish to spend time with her kids and provide them with a good upbringing fuelled her desire and drove her to achieve great heights.
2. Think Abundance – Every one of the people that was interviewed in the book had an abundance mindset. They are of the belief that opportunities are always there and if they remain positive and optimistic, life will attract to them what they need. In fact, a number of them commented on their belief that the deal of a lifetime comes around once a week. So if you miss an opportunity, keep your chin up, because another deal is waiting just around the corner.
3. Be Committed to a Strategy – Many of the millionaires commented that the biggest mistake they see new investors make is that they try to execute too many strategies at once. As a result of chopping and changing, they lose focus, have fewer results and at worst withdraw from property investing entirely. So take the time to devise a well thought out plan and then stick with it long enough to see it bear fruit.
4. Great Communication Skills – Multi-millionaire property investors understand the fact that real estate is ultimately a people business! While the properties themselves may be inanimate objects, the people that own them, and the people around them are real people with feelings and emotions. That is why it’s important to treat people with respect and listen to their needs. News travels fast in property and your reputation is key.
5. Action Orientated – This is where the rubber hits the road. High achievers understand there is time for setting goals and developing plans, but then it’s time for action. They know that when all is said and done, most talk but few do. High achievers take deliberate daily actions to ensure that they’re continually moving forward and if an obstacle comes up they are quick to make a decision. It is a fact that anything worthwhile in life does not happen by accident. You must go after it and make it happen.
6. Take Responsibility – People who make a real success of property investing take responsibility for everything that happens to them. They resist the urge of blaming others for their circumstances. For example if one of their properties becomes vacant for two months, they take the responsibility, rather than blaming the property manager, and become proactive about finding a tenant.
7. Focused on the Team – Highly successful investors have all come to the realisation that you can’t do everything on your own. That’s why they’re committed to finding and keeping the best people to work with.
8. Have an Ability to Bounce Back – Challenges and obstacles are part of any worthwhile journey. Successful investors understand this and have developed a special ability to express resilience when times are tough. There’s a Japanese proverb which says, ‘fall down seven times, get up eight’.
9. Committed to Continual Growth – The only certainty in property is that things will never stay the same. That’s why each of the people interviewed for the book are committed to broadening their knowledge base. They advocate the importance of knowing what’s happening in the market and being aware of new issues that might affect them now or in the future.
10. Celebrate Your Success – There is one more quality of successful property millionaires, and that is they celebrate their successes and reward themselves for their achievements. There are a lot of people who are not happy because they haven’t mastered this particular quality. So go on, get out there and enjoy the journey!!

Peter’s comments…

You may recall I promoted this brand new book in my last newsletter. I’ve had a great response and there are just a handful of books left. So if you need a great gift for a good friend, or need some more quality reading material to get you motivated, I’m delighted to offer you this brand new title — with me on the cover! — for the low price of $28.00 (inc. GST, inc. P/H). Get in quick, because I’ve nearly run out!

Click here to order the book.

Well, that’s it for another newsletter. As I said in my last newsletter, if there is anything related to development you’d be keen to have me address in a newsletter (or blog posts) why not drop me a line or leave a comment on this blog post?

Warmly,

Peter

Peter Comben
Smart Property Development
www.smartpropertydevelopment.com.au

Hi friend,

Peter here.

In this month’s newsletter I’m pleased to offer you something a little different! But first a few important things to cover…

Online Survey for Former Workshop Attendees

But first a reminder of my previous request to those who have previously attended one of my workshops, to please complete the online survey found here:Now, this survey is only for those who have already completed one of my Property Development Workshops (and have not yet completed the survey, of course!). I have been very pleased with the number of people who have thus far completed it, but I’m keen to hear from more of you. Remember that the purpose of this survey is to help me focus in on the best possible ways Smart Property Development can help you attain success in your own development efforts.

We have been especially encouraged to see that nearly half of all who have responded have indicated that they have undertaken at least one development project since completing our workshop. We hope to see more people having success in development, as the time is RIPE - particularly at the moment - for properly prepared people to take on development projects, and see great success.

Share Your Success!

In future newsletters, we will be sharing stories of successful development projects completed by our students. So, if you have a great story to tell, please get in touch with me, initially by completing the survey (if you’ve a former workshop attendee), or contacting me directly if you wish.I will also share in coming newsletters some of our own successes of recent days. There are still many viable and extremely profitable opportunities avaliable around Australia today in development. My job is to help you find them!

There is certainly enough for all of us.

Former Students can Come Back for Free!

Another reminder that if you’ve previously attended a Property Development Workshop we’d be delighted to have you back for the nominal fee of $50, or for absolutely nothing if you bring a paying friend. So think about it, invite a friend to share in the great training you’ve received, and come for a refresher youself, for free!

Sydney Workshop - Saturday 19th August

Please note that I will be in Sydney soon for another Workshop/Consultation, on Saturday 19th August. Don’t miss this only opportunity to hear me present at a workshop in Sydney this year. For details of what you will learn, along with a registration form, as well as dates our other upcoming workshops, click here

Introducing the Investors Edge Finance Group

What follows is a letter of invitation to attend the launch of the Investors Edge Finance Group. I have for a number of years now known both Andrew Gardiner and Dymphna Boholt, and have presented at their events on numerous occasions around Australia. I have again accepted their invitation to participate as one of their “panel of experts” and, of course will be attending myself and presenting whenever I am able.I would encourage all of you who enjoyed the old Investor Finance Group, plus anyone else who enjoys networking with other like-minded people, to become members and sign up below. Well worth it!

How to Read a Real Estate Agent Like a Book

Now for those of you in Victoria…

I am often asked to tell my clients and friends about seminars and events, but mostly they’re not worth wasting my time… or yours, so I ignore them. However, the event coming up to launch Investors Edge will be one not to be missed. I will be there myself and I look forward to seeing you there as well, if you can at all make it.

Andrew Gardner has thought outside the box and come up with an idea that’s brilliantly simple, yet simply brilliant. He’s managed to persuade the “Body Language Guy” - Alan Pease - to come to Melbourne and do a special session for property investors on…

“How to read a real estate agent like a book”

Everyone knows that most real estate agents are honest, but, we also know some aren’t so honest. The challenge is to sort out which ones are which! Too often you don’t find out until after you’ve done the deal.

So Andrew has arranged for Alan to focus on the characteristics of real estate salespeople and to reveal the warning signs that will tell you when they are… well let’s say, taking a little “creative license” with the truth!

Alan’s record is world class. He presents his fast paced, riotously entertaining insights around the world into how people tick and what to do about it. His book sales exceed 11 million copies and a staggering 100 million people have watched his TV and video programs.

After this session, you should never be conned into a bad deal again. Alan’s simple, basic rules will give you the ammunition you need to negotiate the best deal every time!

Take note of the night - Tuesday 15th August - to attend this great event. It’s one that quite simply you won’t want to miss.

Put 6pm on Tuesday, 15th August in your diary. The event will be held at The Camberwell Centre, 340 Camberwell Road, Camberwell 3124.

This event is expected to fill quickly, so you will need to book early. Admission is $25 per person or $40 per double, and you’ll receive a free copy of Alan’s new book on how to become a people magnet, titled Easy-Peasy.

Click on this link for all the details and registration.

Once again… looking forward to seeing you there.

Regards,

Peter

Peter Comben
Smart Property Development
www.smartpropertydevelopment.com.au

These seven points were part of an interview that became the basis of my chapter in the new book Secrets of Property Millionaires Exposed.

My chapter is the last in the book, which also includes some very revealing chapters by other property experts you may have heard of, including Hans Jakobi, Rick Otton, John Fitzgerald, and Dymphna Boholt. I’m happy to rush you out a copy of this brand new book for the low price of $28.00 (inc. GST, inc. P/H), but since I’m not in the book business I’ve only got a limited supply. Of course, it’s also available on the bookstand, but not at this price.

Click here to order the book:

But back to my top seven tips to success as a property developer:

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My Top Seven Tips To Success As A PropertyDeveloper

1. Have realistic goals about what you want to accomplish. It is far better to build wealth slowly and keep it, than to try to build it too fast and lose it overnight.
2. Always maintain your integrity and focus on building strong relationships with everyone you meet. In the same way as you will want to see a builder’s history of projects, an investor or joint venture partner will want to see yours.
3. Find a good personal mentor that has vast experience in development and a genuine desire to see you succeed. Once you have found such a person be willing to accept their feedback because sometimes it is a mentor’s job to tell you what you don’t want to hear. The more knowledge of the development process you can acquire, the better you manage your risk.
4. Focus on gathering the best possible team around you. This will take time and effort, but it is well worth it. If you find the right people to have in your team, the time taken to get approval and to work through issues will be reduced and you will be able to get your projects completed quicker, so the profit will be greater. In addition, I’ve also discovered that it’s one thing to build a team but it’s another thing to keep the team together. Always look at creative ways to reward the people you work with.
5. Do the numbers, do the numbers, do the numbers. You need to know the benefits for each party involved and the exact profit before you begin. You also need to be crystal clear about what you are looking for, as it will help you quickly and accurately identify development opportunities.
6. When building your own projects, retain as many of the properties as you can. As a developer you have the privilege of building your portfolio at genuine wholesale prices. Think long term rather than getting excited about a quick buck.
7. Property development is not for everyone. Don’t think it is a way to cut corners and get to the top quickly. Too many people go into development starry-eyed and get washed up 12 months later. It is a risky business with more than its fair share of challenges, so think long term, think win-win and stay in the race because the rewards are certainly worth it.

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If there is anything you’d particularly like to see me cover in a future blog post or newsletter, why not leave me a comment.Warmly,Peter

Peter Comben
Smart Property Development
www.smartpropertydevelopment.com.au

Dear friends,

My plan in 2006 is to put out a quarterly newsletter, and this is the first one!

It details my upcoming Property Development Workshops, as well as giving you a nice little freebie - a reprint from part of a chapter on Yours Truly in a newly published book. You’ve got the opportunity to grab yourself a copy if you act fast (see below).

And lastly, I’ve launched 2006 with a dramatically improved Property Development Checklist, which you will probably already have seen before. You’ll be pleased to know I’ve gone back through it with a fine-tooth comb and even called in a senior project manager to add some further polish.

Click here for the NEW checklist:

Now, back to the newsletter…

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Property Development Workshops Announced for 2006My one-day Property Development Workshops were a big hit in 2005, and we’ve scheduled the calendar for 2006, including (wait for it…) in Sydney! Yes, thanks for your patience, Sydney-siders. We’re coming to you again.Here are our workshop dates for 2006:

Melbourne Saturday 4th March (details)

Brisbane Saturday 27th May (details)

Melbourne Saturday 22nd July (details)

Sydney Saturday 19th August (details)

Melbourne Saturday 18th November (details)

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My Top Seven Tips to Success in Property DevelopmentThese seven points were part of an interview that became the basis of my chapter in the new book ‘Secrets of Property Millionaires Exposed‘.My chapter is the last in the book, which also includes some very revealing chapters by other property experts you may have heard of, including Hans Jakobi, Rick Otton, John Fitzgerald, and Dymphna Boholt. I’m happy to rush you out a copy of this brand new book for the low price of $28.00 (inc. GST, inc. P/H), but since I’m not in the book business I’ve only got a limited supply. Of course, it’s also available on the bookstand, but not at this price.To order the book, click here for an order form.
But back to my top seven tips to success as a property developer:

1. Have realistic goals about what you want to accomplish. It is far better to build wealth slowly and keep it, than to try to build it too fast and lose it overnight.
2. Always maintain your integrity and focus on building strong relationships with everyone you meet. In the same way as you will want to see a builder’s history of projects, an investor or joint venture partner will want to see yours.
3. Find a good personal mentor that has vast experience in development and a genuine desire to see you succeed. Once you have found such a person be willing to accept their feedback because sometimes it is a mentor’s job to tell you what you don’t want to hear. The more knowledge of the development process you can acquire, the better you manage your risk.
4. Focus on gathering the best possible team around you. This will take time and effort, but it is well worth it. If you find the right people to have in your team, the time taken to get approval and to work through issues will be reduced and you will be able to get your projects completed quicker, so the profit will be greater. In addition, I’ve also discovered that it’s one thing to build a team but it’s another thing to keep the team together. Always look at creative ways to reward the people you work with.
5. Do the numbers, do the numbers, do the numbers. You need to know the benefits for each party involved and the exact profit before you begin. You also need to be crystal clear about what you are looking for, as it will help you quickly and accurately identify development opportunities.
6. When building your own projects, retain as many of the properties as you can. As a developer you have the privilege of building your portfolio at genuine wholesale prices. Think long term rather than getting excited about a quick buck.
7. Property development is not for everyone. Don’t think it is a way to cut corners and get to the top quickly. Too many people go into development starry-eyed and get washed up 12 months later. It is a risky business with more than its fair share of challenges, so think long term, think win-win and stay in the race because the rewards are certainly worth it.

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If there is anything you’d dearly love to see me cover in a newsletter why not drop me a line? Post a comment on this blog to share your ideas.Warmly,Peter

Peter Comben
Smart Property Development

www.smartpropertydevelopment.com.au