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Property development is a complex process that requires careful consideration of a variety of factors. Many people assume that the most important factor in property development is the cost of the property itself, but in reality, there is much more to it than that. Property development is, in fact, all about numbers.

 

When it comes to property development, numbers play an integral role in the entire process. From the initial feasibility analysis to the final sale of the property, numbers are the key to success. The feasibility analysis is the first step in the property development process, and it is essential to ensure that the project is financially viable. This involves assessing the costs associated with the project, such as the cost of the land, the cost of construction, and the cost of marketing the property. It also involves forecasting the potential income from the project, such as the expected sale price of the property or the expected rental income.

 

In this week's episode we talk about property development feasibilities. We dive into what GRV stands for, the importance of start-up costs and proper calculations and why understanding the numbers is important. So if you are still trying to get the numbers right, you won’t want to miss this week's episode! 

 

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For more information about our investment opportunity, email: [email protected]

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Episode Highlights:

• Property development is all about numbers  [03:46]

• Know GRV before construction  [11:05]

• Do your homework on GRV   [13:00]

• Do your due diligence  [18:41] 

• Build times longer, interest up [26:00] 

• Get the numbers right  [31:25]

About Hilary Saxton:

Hilary Saxton is a performance and mindset strategist who motivates, trains, and coaches people who crave knowledge and success in their property and business life. Hilary has had a varied career in property and business spanning at around more than 25 years now. She takes an honest, upfront approach towards both people and process issues. Hilary provides solutions through incremental and transformational change that delivers the success her clients both want and need.

 

Resources:

• To contact us about our investment opportunity, please email [email protected] or phone 1300 729 550
• 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!
• 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 [email protected]
• If you’re interested in receiving a free copy of the book “Secrets of Property Millionaires Exposed”, send an email to [email protected]! 
• Or Subscribe and give us some great feedback on YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA

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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