Property Developer Podcast

Understanding the power of the velocity of money can help property developers accelerate their net worth and grow their property developing business. Property developer Dave Bradley shares why he focuses on the velocity of money and gives tips on how you can take your property developing to the next level.

This is part two of my conversation with Dave. If you haven’t heard part 1, make sure you go back to episode 21 and take a listen because Dave shares some absolute golden advice on how to grow your developing business.

And in this part we dig deeper to unearth even more bullion about how you can take your business to the next level. Dave and I talk about the questions you need to ask if you want to scale your business, what holds people back from taking the next step, and his one tip for developers who aspire to greatness.

So get your pen and paper out and get ready to take some notes. We pick up where we left off, with Dave sharing where he plans on taking his developing business….

I really enjoyed speaking with Dave and I hope you picked up some ideas and tips for taking your developing to the next level. It was awesome of Dave to share so much of his time with me, and I’d encourage you to reflect on some of the questions he posed.

Property Development Training

If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Property Developer Quiz

Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at…

Become a Million Dollar Property Developer

Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory.

In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.

Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development.

This book has the answers for how you can make the leap into property development. Grab your copy now.

Social Connection

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Tips for property developers

Here’s the points from this week’s conversation that resonated with me:

1. Go as hard as you can

As Dave said, you only get one go around the board so make the most of it. If you set yourself some lofty goals, you might surprise yourself by achieving them!

2. Challenge your limiting beliefs

Most of what holds us back is our fears, or limiting beliefs - but they are simply figments of our imagination. In developing, for pretty much any situation, there’s probably been someone who has already faced that challenge and overcome it. So if you are stuck thinking you can’t deal with something, whether it’s finding capital or sourcing investors, then you need to start asking yourself some different questions to help shift your mindset.

3. Be clear about what you want and go after it

Dave talked about being clear on what you want to achieve so that you know exactly what you are seeking, whether that be the size of deals, number of dwellings per project or return on investment. If you can articulate what you want to achieve, then you can set yourself a plan of how to get there.

Okay, that’s almost it for this episode, thanks again for listening in to the show. As always you can find me on Instagram @propertydeveloperpodcast, and I’m occasionally on Facebook - https://www.facebook.com/propertydeveloperpodcast and Twitter - https://twitter.com/@PropDevPodcast. You can find all the previous episodes of the show at PropertyDeveloperPodcast.com, where you can also leave a comment for this or any other episode.

So, until next time, go as hard as you can with your developing!

Scaling a developing business can be a challenge for many developers, however by asking the right questions it may not be the hurdle you perceive it to be.

Real estate developer Dave Bradley has managed to transition from major rental property investor to a serious property developer who has scaled his business along the way, and he shares how you can too.

Dave is probably known to many property investors as the partner of Steve McKnight, who wrote the very well known book 0-130 Properties in 3.5 years - one of Australia’s highest selling real estate books. Dave featured heavily in the book as Steve’s partner at the time they started buying huge volumes of positive cash-flow properties.

Dave is now out on his own, has been for quite some time, and focuses on property development. And he kindly shares some of the lessons he has learnt along the way.

Which way do you get bigger? Do you do more projects or put more dwellings on each site? - Dave Bradley

Dave spoke at a small event I attended a few years back while I was learning how to develop property, and he shared a story about he completed the Melbourne Iron Man despite some serious set backs along the way, and his message of committing yourself to doing whatever it takes to succeed really resonated with me. I really took on board that message and have often repeated it to myself along the way, particularly when things aren’t going exactly to plan.

Dave shares plenty of gold that will help you take your business to the next level.

It ended up being quite a long chat so I have split the conversation in two, so tune in to the next episode to hear the second and concluding part of the discussion.

We really cover quite a bit of territory in this part of the discussion including:

- how to grow your developing business

- how to figure out which direction to take it

- and dealing with investors

Tune in the next episode to hear the second half where we discuss whether to hold onto stock, key questions to ask yourself about growing your business and Dave’s top tip for developer’s who are keen on taking their business to the next level.

Property Development Training

If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Property Developer Quiz

Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at…

Become a Million Dollar Property Developer

Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory.

In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.

Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development.

This book has the answers for how you can make the leap into property development. Grab your copy now.

Social Connection

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Lessons for Property Developers

I thought Dave shared some great gems of wisdom during the conversation including:

1. Letting people get on with their specialised roles.

Don’t try and micro-manage people along the way. Hire the best people you can, be clear on your expectations and then let them get on with doing their jobs. Check in along the way to make sure they are on track, but otherwise allow the experts to do their thing.

2. Think about how you want to scale your business

Dave talked about working out whether you want to more projects or bigger projects, or maybe both. Do you want to move closer to the city, or do you want stay in one area or a couple of known areas? These are the questions you need to answer if you want to grow your business.

3. If you take on investors be clear about how you will manage the relationship

Finding investors is one thing, finding the right investors is another thing altogether. Dave talked about considering what problem you are solving for an investor, and figuring out how you can promote that to them. Then you need to think about how you are going to manage that relationship, because you are going to be in contact with them for a couple of years and it could be very uncomfortable if things get off track. Remember Dave said one poor relationship with an investor put him off having investors for about 5 or 6 years. So be selective about who you partner up with.

Okay, that’s it for part 1 of the Dave Bradley interview. Make sure to tune in for part 2 and find out how many rental properties Dave now owns. You can find out more about Dave at bradleypropertygroup.com.au

As always head over to the Property Developer Podcast website for past episodes, catch up with me on Instagram @propertydeveloperpodcast and see my property developer porn pics and development photos/videos, and you can also find me on Twitter and Facebook.

Links

Construction Finance Market Update from Holden Capital - http://static1.squarespace.com/static/573401fdb09f95483e15fd00/t/579eb30ff7e0abf8d8a805a1/1470018377502/Construction+Finance+Report+-+Digital.compressed.pdf

Bradley Property Group - http://bradleypropertygroup.com.au

Getting your planning permit is a big step in a development project, particularly one you are happy with. Get your planning permit and you are one stamp closer to finishing.

So, I speak with private town planner Craig Christie from ASI Planning about how developers can approach the planning phase of the development process. This is one of the most important parts of the game, as this is where you can potentially set up your project for real success, and obviously getting that planning permit is a big step in reducing the risk of your development. It can make a big difference getting council to support your application rather than getting stuck and having to re-submit plans, or worse still start to lose units.

Craig provides some very useful tips about when you should use a private town planner and how to get the most out of them, some great suggestions on handling council objections, and one way you can encourage council planning officers to keep your application moving along.

I thought that was a great discussion with Craig about planning. I know the planning part can be very frustrating, particularly when council are not really happy with the direction you want to go in, or are trying to get you to scale down, but it is one of the most important parts of the game. Get your planning permit and you are one stamp closer to finishing. However, if you get a good designer on your team, and potentially a great private town planner, you will give yourself the best shot of getting something though that you are happy with.

Property Development Training

If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Property Developer Quiz

Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at…

Become a Million Dollar Property Developer

Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory.

In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.

Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development.

This book has the answers for how you can make the leap into property development. Grab your copy now.

Social Connection

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Town planning lessons for real estate developers

I took quite a few points out of the discussion with Craig including these lessons:

1. Use a town planner who has experience in your type of project and understands the council you are dealing with

Make sure if you are using a private town planner that they have the relevant experience  working on similar projects as yours, and that they have a track record of success. I think it is also worth asking the planner how many similar types of projects he may have worked on which have failed to get a permit? You also need to find someone who is good at negotiating and communicating with council officers, as they are your key representative through planning.

2. Confirm verbally at meetings with council what has been agreed, and follow up with written notes

I think this should become standard practice for your designers and town planners so that everyone in the meeting is clear on what was agreed, and by following up with an email you also have a written trail of what took place. These notes won’t always help if council subsequently changes it mind, but at least you can show at a later date if you need to, that council changed direction not you…

3.  Be smart with your concessions to council

I liked Craig’s tactic of starting out with all the small points that you are willing to concede, and working backward to the biggest issues that you want council to show some flexibility on. I think this is a good idea, and certainly can’t hurt. People do become aware when they feel they are doing all the taking, and you can harness this to work in your favour. Give it a try and see if it works.

Join me on Instagram (https://www.instagram.com/property_developer_podcast) for my property developer porn pics and development videos.

Links

ASI Planning - www.asiplanning.com.au

Justin's latest project video

Finding opportunities to get an edge in the market and to stand out from the crowd is a great way to sell out your developments, and also to earn a reputation for delivering quality products.

So I speak with Joel Griffs from Binq Windows and Doors about how finishes can make a big difference to your next property development.

Joel contacted me a few weeks back and invited me to come down to their factory and learn about windows and doors. At first I said I wasn’t sure why I, or other developers, would be too interested in windows and doors, but that I would remain open (pun intended) to the idea.

So I visited the Binq factory and had a chat with Joel. I got a lot out of it and I’m sure you will to.

During our conversation we discuss why developer’s don’t focus much attention on windows and doors, how you can get an edge on your competition and why Joel started a manufacturing business in the first place…

Thank you to Joel and the team at Binq Windows and Doors (www.binq.com.au) for showing me around the factory and educating me about why windows and doors can make a big difference to a property development. I have to say they do make some beautiful timber doors and windows, when you stop and notice little things in a house, like nice doors or handles, or the window frames, you begin to appreciate how many little opportunities you have to shape how the home will feel when it is finished.

Property Development Training

If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Property Developer Quiz

Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at…

Become a Million Dollar Property Developer

Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory.

In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.

Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development.

This book has the answers for how you can make the leap into property development. Grab your copy now.

Social Connection

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Lessons for real estate developers

I took away a couple of ideas from speaking with Joel including:

1. Explore what other building products may be available to you

Can you try a different type of door or windows, or is there a new flooring product that can give you a better result without increasing the cost. You could try calling manufacturers direct, or contact an industry body for advice on new ways of doing things. Anything that can help you stand out from the crowd will be beneficial as you try to sell your developments.

2. Explore what new construction techniques may be out there

This follows on from the previous point, but have you spoken with your builder or designer about different ways of building, or how you can build it cheaper without compromising on the end result? Perhaps an urban design body might be able to share some ideas, or jump online and see what your research can unearth. There is so much change going on in construction and building that you may be able to get a jump on a new technique in your next project.

3. Figure out how you can stand out from the crowd

Let’s face it, there’s lots of choice for people when they go to buy a property. How can you help people see that you are different, or that you offer better value? Is it thorough sustainable materials, is it through different finishes, maybe you use recycled rubber for the driveway, or recycled timber for your exposed beams. Whatever it is, make sure you promote it and ensure your selling agent is fully aware of it too, so they can pass it on to prospective buyers.

Join me on Instagram (https://www.instagram.com/property_developer_podcast/) for my property developer porn pics and other photos and videos I share, and I’d be grateful if you found a minute to leave a review on iTunes.

So, until next time, may all your windows and doors open to opportunities…

Links

Binq Windows and Doors - www.binq.com.au

Property Developer Podcast on Instagram - https://www.instagram.com/property_developer_podcast/

Justin's latest project pics

Understanding when and how to accelerate your property developing business can be the difference between going to the next level or going bust.

So I speak with Brendon Ansell from Velocity Property Group about how and when he accelerated his property development business. I think you will enjoy some of the insights that Brendon will share with you.

Brendon is doing some great developments and is really ramping up his business, which is exciting to see. Brendon moved from South Africa to Brisbane in the 90s and started out with $50 in his pocket. Today his business is running around $130million in projects. That’s some change!

During our conversation we talk about how you go from doing a splitter block to running multiple projects, how and when you can accelerate your developing enterprise, and how to create a strong foundation for your future business.

We also touch on what to do when you have three staff members all with the same name.

Property Development Training

If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Property Developer Quiz

Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at…

Become a Million Dollar Property Developer

Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory.

In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.

Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development.

This book has the answers for how you can make the leap into property development. Grab your copy now.

Social Connection

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Lessons for Property Developers

What a great story about a guy landing in a new country and really making a go of it. I really enjoyed speaking with Brendon, I took a lot away from our chat.

1. Give yourself five years to understand and learn your property developing business

I think the biggest idea that stuck out for me was this notion of giving yourself five years to understand and learn your business. It is in these early years that you can really lay the foundation for a strong, sustainable business by understanding what you do best and how to do it better. Once you have that foundation set then really look to accelerate your activities from years 5-10. I think this is really solid advice, as often people can be undone by trying to do too much too soon and then falling over.

2. Find a mentor to help expand your real estate development skills

The second thing that stuck out for me was around finding a mentor. The right mentor can give you perspective and ideas that can help you grow and learn. So find someone who has achieved what you would like to do and emulate them. They can help you see beyond problems or suggest ways to solve issues. Brendon suggested joining an industry group to network with people and that may be a way for you to find someone suitable.

3. Stay focused on the type of property developments you want to specialise in

The third and final point I took from my conversation with Brendon is to be focused on the type of developments you want to do. Don’t get seduced by bigger projects if you have a model that is working for you, especially in buoyant markets. It is easy to be dazzled by the prospect of greater profits but don’t come undone by chasing something that you are not ready for. As I remember hearing about financial investment, earn the right to invest in riskier projects. Develop up a plan for what you want to do and stay focused on achieving it, most successful people say they succeeded by being persistent.

Links

Velocity Property Group - http://velocitypropertygroup.com.au

Don’t forget to join me on Instagram @propertydeveloperpodcast for my property developer porn pics or jump on iTunes to leave a review.

Justin's latest project pics

Ensuring your property development project is 'bankable' relies on lenders feeling confident that the development will be a success. Understanding how lenders assess your project goes a long way to helping you strongly position the deal from the earliest stages.

Past guest and finance specialist Gayle Stapleton shares some tips and ideas about funding, lending and one thing you can do to ensure your deal stacks up from day one. Gayle is a former long-time bank executive who left the dark side and now runs her own finance business called Stapleton Pacific.

Property Development Training

If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Property Developer Quiz

Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at…

Become a Million Dollar Property Developer

Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory.

In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.

Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development.

This book has the answers for how you can make the leap into property development. Grab your copy now.

Social Connection

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Types of property development funding

In this chat we discuss the current lending landscape, take a deeper look at valuation and quantity surveyor reports, and cover some of the different types of debt and funding options out there, for example:- senior debt- junior debt or mezzanine finance- preferred equity- developer equity.

It certainly is a moving feast when it comes to development finance with lenders changing their appetite and amending their selection criteria all the time. And I think that is why a finance specialist can really help you stay aware of where the lending market is at and how to obtain the best deal.

Things to consider with real estate development finance

Here’s a couple of things I took away from our chat.

1. Consider a higher cost of capital.

You may need to start factoring in higher capital costs when doing your project feasibility. With major lenders tightening their lending parameters you may be forced to use a blend of different debt types and paying higher interest rates. And considering interest rates were above 7% and 8% not many years ago, paying those kind of rates should be viewed in the broader context of what you are trying to achieve with your developing. Do you want to get in and out faster, or are you happy to complete a project, wait for it to all settle and then go again?

2. Look to engage a quantity surveyor and valuer to help with your initial project feasibility.

Gayle spoke about making your project ‘bankable’, which means ensuring that your total revenue and total development costs stack up. Having an early indication about this can let you know whether you are skating on thin ice, or have sufficient margins to weather a drop in values or increase in costs. And often you can use a firm that is part of the panel of approved consultants that the banks look to engage when they are assessing your funding application, so you can get out in front of that process.

3. Contemplate what you would do if a lender required higher debt coverage or introduced other hurdles.

I have come to understand that banks are in the business of making money through selling money, and they really hate losing money (don’t we all!), so they will do pretty much anything to reduce their risk. That means at any point in time they can change their lending criteria, tighten loan conditions and even call in loans early. This means they may make it really hard for you to get funding for example by requiring 100% debt coverage, rather than 80%.

This may slow down your ability to get construction started and thus finish your project and get paid! You may need to figure out whether paying higher costs to get access to funds quicker is worth it for the time you save to complete your project and move on. You should be able to work with a good finance specialist or broker to figure out these scenarios.

There are always options for getting capital they just come at a cost. If you are needing help with getting your finance sorted for your next project then get in touch with Gayle at Stapleton Pacific and see if she can help you out.

Join me on Instagram at https://www.instagram.com/property_developer_podcast/ where I post my property developer porn pics or head over to iTunes to leave a review of the show.

Thanks for listening in and until next time remember the golden rule, whoever holds the gold makes the rules…

Justin's latest project pics

Getting your visual images right for your property development can be the difference between sitting on stock with limited enquiries, or selling out fast with multiple offers.

A great set of visual marketing material can really get the juices flowing of a buyer and get them excited about what you have to offer.

So, in this episode I speak with visual artist Stan Zaslavsky from Eagle Vision about digital images and visual marketing materials. Something that plays a key role when selling off the plan.

A great visual image will have a powerful story and move a potential purchaser to take action.

I find there is such a variety of quality with visual marketing material from the downright terrible to absolutely amazing, and everything in-between. And the costs for marketing materials ranges from cheap to significant.

As previous guest, Ben Buxton said, there is real importance to imagery, it draws in the viewer and should dazzle and seduce.

Property Development Training

If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Property Developer Quiz

Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at…

Become a Million Dollar Property Developer

Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory.

In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.

Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development.

This book has the answers for how you can make the leap into property development. Grab your copy now.

Social Connection

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

How digital renders help sell real estate

Digital images or renders are such a critical part of selling off the plan, as they are often the first contact potential buyers have with your project or product, and it must move them to take action, which is most likely to contact the agent.

During the discussion Stan talk about a valuable resource you can access to help you get the best visual imagery done for you next project, I will share how you can get that later in the show.

So I raised a lot questions with Stan about digital images and marketing tools, we talk about what makes good visual imagery, what questions you should ask a visual artist, and why renders can play a critical part in the planning application process.

Tips for getting great digital images for property developments

Here are the 3 key points I took out of that conversation with Stan

Scaling a property development business can be challenging due to the financial and process requirements that enable you to start and successfully finish projects. Property developer Shane Hiscock shares how he has grown a business from zero to $40 million worth of projects in just five years.

Shane is doing multiple joint-venture type projects with investors, and has gone from doing one new home build project, to now having 20 projects underway.

He has learnt a lot about managing partners, setting up joint ventures and the mindset you need to grow a developing business.

Property Development Training

If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Property Developer Quiz

Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at…

Become a Million Dollar Property Developer

Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory.

In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.

Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development.

This book has the answers for how you can make the leap into property development. Grab your copy now.

Social Connection

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Books to help real estate developers

Shane also shares four books that he thinks will help property developers take their business to the next level. They are:

1. Leveraging the Universe - Mike Dooley

2. Power of the Subconscious Mind - Joseph Murphy

3. E-Squared & E-Cubed - both by Pam Grout

4. Scaling Up - Verne Harnish

I think Shane is taking his developing business in a really interesting direction and I’m sure it will be a success. It goes to show how far you can come in 5 or 6 years, if you persist and continue to deliver value for people.

Tips for property developers

I enjoyed my conversation with Shane, and here’s 3 points that stuck out for me:

1. Take the time to expand your mind

I believe it is important that you keep your brain active by continually learning something new. That may be reading a biography, attending a seminar or doing a formal course. It’s a great way to expand your thinking, learn about alternative concepts or just be inspired by what other people have achieved. If you are not improving then you are going backwards, and there is so much awesome stuff to discover in this world.

2. Value your skills, abilities and time

Shane talked about the lesson he is learning about v...

Finding ways to access funding and being more creative with your cash are two key elements of any successful property developing business, and keeping the money flowing is critically important. Today’s guest is the founder of Australia’s number 1 commercial finance brokerage, Dan Holden from Holden Capital and he shares how elite developers structure their […]

Finding ways to access funding and being more creative with your cash are two key elements of any successful property developing business, and keeping the money flowing is critically important. Today’s guest is the founder of Australia’s number 1 commercial finance brokerage, Dan Holden from Holden Capital and he shares how elite developers structure their finance.

We cover some really interesting content related to project finance, and I think you will find it helpful for reflecting on where you are now and where you want to get to, and how you can map that financial journey out a bit more.

We talk about some sophisticated funding solutions that are available to help you stretch your money further, ways property developers can manage their cashflow, the importance of understanding your business model, how you can strategically plan your funding needs, and how to avoid problems that bring developers unstuck.

“Funding your project is a massive risk item and the more developer’s understand that, the better.” Dan Holden

Property Development Training

If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects.

So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Property Developer Quiz

Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at…

Become a Million Dollar Property Developer

Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory.

In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way.

Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development.

This book has the answers for how you can make the leap into property development. Grab your copy now.

Social Connection

Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast

Dan Holden’s Cash Flow Strategies for Property Developers

1. Include a development management fee

By including a development management fee into your project feasibility, you allow yourself to receive income during the project lifecycle. In many instances, the first mortgage construction finance provider will allow a periodic development management fee to be advanced from the loan as part of the professional fees but remember that it needs to be kept reasonable, reflecting your contribution to the project.

2. Access an Equity Redraw

Be smart and replace some your equity during the project lifecycle. How and when you utilise your capital can greatly reduce the demand on your cash flow and it is important to remember that in most instances, project risk reduces as the project progresses.