New member from Sydney, Australia
Hello all,
I am an investor based in Sydney looking to expand network and invest internationally one day. Please let me know if you are near Sydney or know of some local investor communities I can join. I will be sure to proactively share information and learn from the veterans.
Name:
Bill Zhou
Current Occupations:
Bach. Civil Engineering student @ University of Sydney (4/5 years)
Bach. Design in Architecture student @ University of Sydney (4/5 years)
Building Cadet @ Strongbuild Commercial (1/? years)
Part time investor
Past Project:
P001: (50% ownership in project) bought a piece of land with $58,000 and sold for 40% profit 1 year later. (no cashflow generated, no forced appreciation improvements made).
P002: (no ownership, helping out father's projects) constructed fencing, painted exterior, designed Granny flat (secondary dwelling) and prepared documents required from approval. Generated over $5,000 in value.
More to come.
Skills:
Appraising: 0/10
Accounting: 4/10
Cost Estimating: 4/10
Property Management: 3/10
Designing: 8/10
Project Management: 7/10
Social: 7/10
Experiences:
Wholesale: 0/10
Fix n Flip: 0/10
Buy n Hold: 3/10 (some exposure from father)
Single Family Home: 7/10
Secondary Dwelling: 7/10
Small Multifamily: 0/10
Apartment Unit: 0/10
Apartment Building: 0/10
Commercial: 2/10 (some exposure from work)
I hope to:
- improve wholsaling skills and Fix n Hold.
- learn how to best release potential value from raw land and single family homes via renovation, new construction and more
- discover similarities between american market and my local market in hope of applying some of the multifamily cashflowing techniques learned from BP (market value in my local area is around $700,000 for single family home which is too high to cashflow as is.)
- save up enough for the downpayment of a cashflowing property
.
- explore international loan options to help bring quality loan packages to local home buyers
and more
Please come say Hi, especially if you live in the Sydney area. I would love to meet like minded investor on a regular basis.