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Is it possible to create equity out of thin air?
Today’s expert guess says “Yes it is!!!!”
Joining us today on Your Property Success Podcast is subdivision king Matt Jones. Matt did an incredible reshaping of his life ‘from Postie to a Property Millionaire’ using subdivision and is now living the dream in France!
SHOW NOTES
2:20 Who is Matt Jones?
2:57 What you will learn in this episode
5:26 The turning point that led Matt to shift careers
6:55 How Matt landed his first deal
8:20 The value of having mentors
9:26 What is subdivision?
10:35 The different subdivision exit strategies
12:10 How to avoid problems and mistakes
14:30 How Matt started with joint ventures
17:00 What is private finance?
19:20 To whether to sell or hold?
26:00 Matt’s advice for those who want to try property investing
27:40 Why it’s important to surround yourself with like minded people
31:15 Moving to France
38:00 Can you do subdivision on any market?
39:00 Factors to consider in choosing a suburb for subdivision
41:00 Getting council parameters right and
42:00 Dealing with realestate agents
“I started to question, is there another way.” – Matt Jones
“Know your numbers really well, don’t fudge them.” – Matt Jones
“It’s important to be around like-minded people, sort of accountability partners.” – Matt Jones
RESOURCES AND LINKS
- Matt’s website
- Matt’s Meetups
- Steve McKnight’s book: 0 to 130 Properties
- Pricefinder website
TWEETABLES
[bctt tweet=”A part time effort, kind of yields a part time result.”]
[bctt tweet=”I love crunching the numbers.”]
[bctt tweet=”Whatever you do, do it consistently.”]
[bctt tweet=”If you try to abdicate it, you’re probably going to get burned.”]