All About NDIS Developments (Michael Knights) + Real Deal (Rob Flux)

1 week earlier than usualFor September only, we will be holding our event 1 week earlier than usual due to schedule availability.

NEW TIME - Please be aware we will now start our Meetups at 2pm (not 2:30pm) every month.

Bringing together the collective knowledge & experience of your local community to assist you in progressing you on your property development journey.

FREE for first timers, or $25 for casual attendance paid on the day.

We kick off at 2pm sharp so please arrive at least 15 minutes early for registration.

THIS MONTH:

This months Industry Expert will be Michael Knights, Director of Horizon Property Alliance, who will be sharing his knowledge around the National Disability Insurance Scheme (NDIS) and Specialised Disability Accommodation (SDA).

These investment properties are expected to return 10% - 20% net, with an average buy in price of $550,000. The government then pays the rent on behalf of the participant with disabilities, which generally equates to approximately $100,000 per year for 4 tenants.

In his presentation, Michael will cover:

• Introduction to Horizon Property Alliance
• Introduction to NDIS & SDA
• What are the levels of disability and associated NDIS funding
• How does an NDIS home differ from a non-NDIS home
• What are the typical rental returns
• What are the set-up costs and ongoing costs
• Who needs to manage an NDIS property
• Planning & regulatory authority considerations
• Example plans & case studies
• Questions

Michael, who is the Director of Horizon Property Alliance located on the Sunshine Coast, is a boutique developer / investor and has been working in the Real Estate industry for more than 30 years. He has been featured on TV shows such as “Hot auction”, “Location, Location” & “Hot Properties”.

His company, Horizon Property Alliance specialises in high yielding, positive cashflow developments like Duplex / Dual Key Projects and Specialised Disability Accommodation.

Real Deal - This months Real Deal will be from the one and only…me (Rob Flux)!

The project I will be sharing was a staged development stacking multiple strategies, including both Subdivision and Townhouse elements to create bigger opportunities. This two stage development helped manage cashflow, however suffered ongoing tenant challenges which critically impacted the profitability of the project.

As with all Real Deals though you will learn from the experience of others within the group as they present their own deals, and see what can go right and what can go wrong in their project, what profit they projected and then what profit they actually achieved.

Annual Membership:

If you love our monthly meetings then why not join our Annual Membership program and not only get a 20% discount on attending each month, but also access a range of other benefits and discounts which are constantly growing.

To check out the benefits, or to purchase an Annual Membership, head on over to our website - www.developernetwork.com.au/annual-membership/

Social Drinks afterwards:

Don't forget that the meeting is only part of the reason to attend, the after drinks networking every month is a highlight with many a JV partner or deal found over a beverage or two.