📌 Unlock Financial Freedom: Free $20,000 Townhouse Masterclass! 🚀 Sign up for the FREE Fish subscription and access our $20,000 Townhouse Masterclass! Learn from industry experts and join a community of like-minded developers. 🔑 What you get: • Comprehensive modules on townhouse development • Digital templates & actionable checklists • Weekly live Q&A sessions • Members directory access • Private messaging • Supportive online community Start your journey today and secure your future. Click the link below to get started for FREE! ⬇ littlefishnetwork.link/free
@binoygajanayake
3 жыл бұрын
As a final year student studying at Monash, I found your video to be highly informative. Wish we had lecturers with the same amount of practical knowledge as you do. Really appreciate the videos made by Peter Kelly .
@peterkellyofficial
3 жыл бұрын
I really appreciate the kind words Binoy, I'm glad you are enjoying the content!
@vincentazara2947
3 жыл бұрын
@@peterkellyofficial this is incredible work, thanks for sharing. There are massive opportunities in the NSW, Southerland Shire area for any Builder/Developers watching this with returns that would easily double this case study.
@peterkellyofficial
5 ай бұрын
🚀🚀🚀
@murtaza6542
2 жыл бұрын
Welcome to the University of Peter Kelly. Thanks Peter for your amazing content
@peterkellyofficial
2 жыл бұрын
It’s my pleasure! Enjoy 🙏
@blondspike74
3 жыл бұрын
Excellent video! Thanks for sharing; it’s greatly appreciated.
@littlefishproperties
3 жыл бұрын
My pleasure!!!
@peterkellyofficial
2 жыл бұрын
🙏
@xox-7150
3 жыл бұрын
very good info. thank you sir peter
@peterkellyofficial
3 жыл бұрын
My pleasure!
@jiangtao2990
Жыл бұрын
hi at 3:53, there is an item: "Building permit 4800$". what is this item for?
@peterkellyofficial
Жыл бұрын
Hey! You need a building permit to undertake residential construction here in Victoria :)
@jiangtao2990
Жыл бұрын
@@peterkellyofficial hi thank you so much for your quick reply! yes i know a BP is required. is the 4800$ for BP application fee or for Littlefish to manage the application?
@peterkellyofficial
Жыл бұрын
Gotcha - it’s for the building surveyor to manage your application and includes the application fee 🤙
@jiangtao2990
Жыл бұрын
Thank you so much! By the way I am a registered draftsman in Melbourne. You did some exciting projects and your channel is awesome!
@peterkellyofficial
Жыл бұрын
Mate legend - I really appreciate the kind words, and glad you’re getting some value 🙏
@sujaygulwadi5252
3 жыл бұрын
I have done two separate dual occupancy projects in Brisbane and although both of them were profitable, they were clearly no where as good as this one. Either in terms of margin or on style, look feel. Well done Peter Kelly.
@peterkellyofficial
3 жыл бұрын
Thanks, Sujay! Hopefully, you took some great lessons from your first couple of dual occupancy developments that you can now carry into your next one. Continual improvement and refinement of what you do is the name of the game!!!
@tsabishongwe5338
Жыл бұрын
UNIVERSITY KELLY.
@peterkellyofficial
Жыл бұрын
Whoop whoop!!! Watch this space 😉
@alessandromacchi2448
3 жыл бұрын
Hi would you show the formula that you use to calculate the ROE. THANKS
@peterkellyofficial
3 жыл бұрын
The formula is: Return % capital investment X 100 For example ... 400k (return) X 600k (investment) = 0.66 X 100 = 66%
@RizwanKaredia
3 жыл бұрын
Peter, you mentioned that each townhouse was 30 squares each, the construction cost appears low. I have recently got quotes for two 31squares townhouses side by side at approx 1.2M. Other quotes are in the similar price range.
@peterkellyofficial
3 жыл бұрын
Hi Rizwan, we operate on the wholesale end of the market. We have long lasting relationships with our builder network and have been providing them continuity of work for a long time. Those are the numbers my man :) P.s. If your project is in or around Melbourne and if that’s the level you are at and your project is relative to the case study build we can help - we’ll be able to get it done faster and cheaper including our fee. We could be a good option if you’re looking for some help :)
@RizwanKaredia
3 жыл бұрын
@@peterkellyofficial for next project, I will definitely speak to you. Until that time, I will get knowledge from your videos.
@peterkellyofficial
3 жыл бұрын
Sounds like a plan Rizwan 👍
@cryptobtx3326
Жыл бұрын
Hi Peter, thanks for the very informative video here. According to your results table, the ROE is 21.64%...how did you arrive at this figure? or was it a typo?
@peterkellyofficial
Жыл бұрын
Hi Crypto - Hope all is well! This was the 'Return on Equity' result. Calculated by dividing the return/profit on the equity/cash contribution to the project, which from memory would have been circa 30%. Hope this helps!
@liamnagle1272
3 жыл бұрын
Hi Peter, how much cash / equity did this client have vs how much money was borrowed? Thanks for the great video. Super helpful
@peterkellyofficial
3 жыл бұрын
Hi Liam, I appreciate the kind feedback, I’m glad the insights have been helpful. With regards to you question, I can’t actually remember off the top of my head but I imagine it would have been approx. 30% equity. Hopefully that helps :)
@liamnagle1272
3 жыл бұрын
Interesting. And would that be of the Total Cost? Therefore to conduct this Prop Dev they would of needed around $750k in cash or equity right from the start when they purchased the land? I know in this particular case they had owned the land for a while before approaching LF but in theory if they had gone through the entire process with LF, would they have needed that amount from the very start? Thanks in advance
@peterkellyofficial
3 жыл бұрын
I’ve really just made an assumption Liam, I genuinely can’t remember - we are project managers so it’s not really part of our scope the finance. We can (and do) connect our clients with development finance options but the details and individual structures are obviously private. That said, all circumstances are going to be different, there are a lot of variables but potentially you wouldn’t need the full amount of equity from the start, you’ll just need access to it when you need to draw it down - which will be relative to your own personal circumstances and project!
4 жыл бұрын
Quite good video, awesome! Would you like to be KZitem friends? :]
@peterkellyofficial
6 ай бұрын
Why not 😉
@julexnailspa3674
3 жыл бұрын
I will probably contact you guys soon.
@peterkellyofficial
3 жыл бұрын
Awesome Julex! We’re looking forward to hearing from you :)
@leilakaawi4113
2 жыл бұрын
Where can I find case studies 1-36?
@peterkellyofficial
2 жыл бұрын
37 is the street number Leila, that said we have more case studies in the pipeline so keep your eyes peeled here on the channel 👍
@leilakaawi4113
2 жыл бұрын
@@peterkellyofficial thanks for the quick response ! I’m looking forward to seeing the next ones. Favourite video so far !
@peterkellyofficial
2 жыл бұрын
@@leilakaawi4113 It's my pleasure 🙏
@taxingzombie
3 жыл бұрын
How much did the property purchase cost ?
@peterkellyofficial
3 жыл бұрын
Not sure off the top of my head Brad but it’s in the video.
Пікірлер: 44