You may have heard people say that property development is a sure way to increase your financial situation. But how much profit can you really make?
This week, we discuss how much money you can make from Property Development. Bob shares his take on the concept of money in terms of property development, factors that affect profit and value, and more.
If you’re interested in receiving a free copy of the book “Secrets of Property Millionaires Exposed”, send an email to hilary@propertymastermind.com.au!
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Let’s get into the episode!
Episode Highlights:
- Exploring the topic of money in property development [01:35]
- Factoring in the location of your project [03:02]
- The ‘Return on Cost’ [06:59]
- A great place to be in the property market [10:41]
- The famous “20% Margin of Profit” from your total costs [11:46]
- Profit vs the factor of time [13:23]
- Property development is a great leveller [14:26]
- Get the push to start building through investor funding [18:11]
- Tying it all together [21:24]
Resources:
- If you’re interested in winning a free copy of the book “Secrets of Property Millionaires Exposed”, go ahead and leave a comment or send me an email. We’d love to hear from you!
- Every week, Hilary is inclined to give away a free coaching session. Feel free to send her an email at hilary@propertymastermind.com.au
- If you liked this episode, or have any comments and/or suggestions on how we can make this better, don’t hesitate to send us an email. For questions/things you’d like us to cover and discuss in this podcast, again, you can send an email at hilary@propertymastermind.com.au
Connect with Hilary Saxton:
- Property Mastermind Facebook: https://www.facebook.com/PropertyMastermind
- Property Developer Secrets and Hacks Facebook group: https://www.facebook.com/groups/2581187315284341
- Hilary Saxton Facebook: https://www.facebook.com/HilarySaxtonCoach
- Instagram: https://www.instagram.com/hilarysaxtonproperty/
- LinkedIn: https://www.linkedin.com/in/hilary-saxton/
- YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA
- Property Mastermind Website: https://www.propertymastermind.com.au/
It has been a pleasure! And we look forward to seeing you in the future episodes!
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