Regardless of the market situation, a financial feasibility showing a realistic rate of return can help you make certain that you can make money in property development.In planning your property development project, the bottom line must show a suitable return for the money and effort...
I’m often asked the question, particularly from non-property people, how profitable is property development. When it comes to making money from property, one strategy stands head and shoulders above all others – property development. That said, there are risks and those need to be understood and...
In my last article I discussed useful tools for property development that requirement a payment. In this article I will touch on useful tools that cost nothing. Council Websites As I work closely with students in my property development mentoring program it never ceases to amaze...
When it comes to useful research tools for property development we’re really spoiled for choice. And I should know. I started out in an era a decade before the internet and I can remember spending most of the day in the city running from one...
Like many things in life, when you’re on the outside looking in it can be quite different from the inside looking out. The words ‘property development’ conjure up many images for many people, particularly for those on the outside. People might say things like it’s too...
When it comes to wealth creation there seems to be an endless array of opportunities. I don’t know about your Inbox but mine gets peppered every day with the latest new thing for creating wealth.But there’s something unique about property. It is primal. Before crypto...
Whether we realise it or not, managing risk is something we all deal with every day. For example, the simple process of crossing a street involves a certain degree of risk which we manage without even blinking an eyelid. Imagine for a moment crossing a...
You will often hear me say that my secret to success in property development has been my team. By team I mean the professionals we bring around us to add expertise to each step of the property development process.As property developers, we leverage their time...
IntroductionIt’s a big call to say any one step in the property development process is more important than another. The truth is they are all important, but at the end of the day there would be very few people with enough cash sitting in the...
Property development is a business, and in order to make sure that the business is worth pursuing or not, you need to determine its feasibility. Before you roll out any property development project, you need to conduct a comprehensive feasibility study to analyse if the...