Property Developer Podcast

Do you aspire to be a billionaire property developer? It sounds attractive, right? But what is required to get there?Today I am speaking with a man who can help you see the pathway to being a billionaire developer.He has had a huge influence on the direction of my life. His name is Dr John Demartini. John is a human behaviour expert, polymath and amazing guy. I’m yet to meet someone who has studied more deeply across a vast range of subjects than John.He has deeply studied business, relationships, health, wealth and so much more. I strongly suggest you jump over to his website and dig around to discover more about him - www.drdemartini.comI really wanted to have a conversation with John that might help expand your thinking about what’s possible with your developing, and settled on the topic of how to become a billionaire property developer, as I knew John could cover this subject with great insight, having worked for decades with billionaire businessmen and property developers.I really enjoyed sitting down with John and talking about this topic, and I'm excited to be bringing it to you.Keep an ear out during the discussion for how to own the traits of people you admire, the importance of having a vision and the value of having a team around you.

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 hope that conversation with Dr John Demartini has helped to expand your thinking, broadened your horizon and inspired you to take your developing to the next level, or maybe several levels higher!

 

There was so much gold in that chat that I couldn’t come up with only 3 things to highlight, so I have a quick list of 10 things for you to consider:

1. Do you have a vast vision and purpose?

John said it tends to lead to greater wealth and achievement, so think about how big you could go (and then double it!)

2. Having a team of great people around you will help you scale and grow.

3. Own the traits of the developers or people that you admire.

The people you admire are only humans, and you have the potential to be just as great or even greater than them. Find out what traits helped them get to where they are and figure out how you have those traits too.

4. Have a long term plan and be patient.

Stay focused on your big picture goal and keep chipping away at it.

5. Grow a base of loyal investors that can help fund your projects.

Can you help educate a group of people who you can help grow wealth with?

6. Operate on the basis of fair exchange - it will carry you further and longer.

Don’t always go for cheapest price, or fastest results, or driving people into the ground. Try and be fair and equitable.

7. If you help people to get what they want, you can get what you want.

8. Is your vision a fantasy or will it become a reality?

How serious are you about the dreams and goals you have? Is it just a fantasy or are you taking steps every day to make them happen?

9. Billionaires have problems too!

Don’t think that your life will be easy if you snapped your fingers and became a billionaire, you’d have problems, they will just be different.

10. And finally, the only person stopping you from getting what you want from life is you. So forget about the excuses or the fears, stop running a story, and go after what you really want.

If you want to find out more about John then head over to his website drdemartini.com, go and see him speak at one of his free public talks or better still do one of his courses.

 

Until next time, may you have a vast vision and become a billionaire property developer!

Links

Dr John Demartini - drdemartini.com

Finding a way to stand out in a crowded market place is essential if you want to achieve outstanding results on a regular basis. So, in part 2 of my conversation with Andy Hoyne, we cover how to grow your development business, create a company that stands out and nurture a crowd of loyal followers.

Andy has been working in and around the property sector for the last 25 years.

"Why shouldn't property developers be comfortable expecting a 30% profit margin?" Andy Hoyne

I mentioned in the last episode that you would have a chance to win Andy's beautiful book the Place Economy that showcases great projects, developments and case studies from around the world, valued at $200. It is a gorgeous book, chock full of ideas and inspiration for any developer, and Andy will mention during the interview how you can get your hands on it for free, so keep your ears peeled for that!

In part 1 of the interview with Andy Hoyne we covered the importance of having a point of difference, how you can mitigate risk through innovation, and the 'must do' marketing activities for developer’s on a budget, so if you missed that then go back to episode 47 and take a listen.

I have some great conversations coming up with some really interesting people and I can't wait to bring them to you, including my next episode, which I think leads on perfectly from my discussion with Andy Hoyne, about how you can become a billionaire property developer.

If that sounds interesting to you then tune in, as I think you will be inspired by what we cover, it certainly got me fired up. Anyway, that will be the next episode of the show, so keep your ears out for that one!

I really enjoyed that chat with Andy and would love to continue the conversation with him one day soon.

If you have any case studies that you want to send through to me to go in the running to win a copy of Andy's beautiful Place Economy book valued at $200 then send them to [email protected] and I will send them on to Andy for his review and to select a winner.

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

So, here are three lessons I took away from my chat with Andy:

1. Property developers will benefit if they keep growing

I enjoyed how Andy said investing in your organisation or yourself is a great way to combat risk. By having effective processes, new services, and new ways of thinking you can actually help mitigate or eliminate risks. Continuing to grow, personally and commercially, will keep your mind fresh, your business growing, and help to maintain your drive and inspiration. As Andy mentioned, the source of all profit is risk, so if you can reduce your risk then you can potentially boost your margins. So what things are you doing in the next 12 months to grow your brain and stay inspired?

2. Property developers will benefit from hiring people who are great at their roles

I regularly hear how great businesses are built by people who recognise that they need talented people around them. For some people this is a challenge because they want to be the smartest person in the room, or the one calling all the shots, but if you are prepared to surround yourself with bright, talented people who are best in class, and manage them well, you can really take your business to stratospheric levels. And don't forget Andy's tip to hire slow and fire quickly!

3. Real estate developers can build a business that people want to follow

If you would love to build a business that has loyal followers then give some serious thought to your purpose and how you provide value. We will be covering more of this in the next episode about becoming a billionaire property developer. Here's a few questions that Andy threw up:How can you be different in a way that makes people want to associate with you or connect with you? How can you deliver something that is better than anyone else? How are you going to deal with people? How can you come up with ideas and projects that resonate with people and offer meaning?How are you going to operate or do business?

These are interesting questions to consider, and may take some effort to answer, but give them some thought and start to think about what you are going to do to make your developing business stand out, and imagine what it would be like to have 200 people lining up to buy your product because they love what you do. I think it sounds pretty exciting.

Alright, if you enjoyed that discussion around property marketing and strategic positioning, then you may want to go back and listen to episode 32 with selling agent Campbell Cooney. Campbell has had a long career in real estate and offered some great insights into why he was having trouble selling off the plan properties early in his career. Campbell shared lots of gold during that conversation so jump into the archives and check out episode 32.

Don't forget that if you are interested in learning how to develop then email me [email protected] and I can send you some information about the program. Or head over to www.propertydeveloperpodcast.com/learn and listen in to my chat about the mentoring program.

And check out my Instagram (https://www.instagram.com/property_developer_podcast/) and Facebook (https://www.facebook.com/propertydeveloperpodcast) pages for my latest developing videos, photos and news at Property Developer Podcast.

So until next time, may you always have 200 people lining up to buy your next offering...

Links

Hoyne - https://hoyne.com.auLearn how to become a property developer - www.propertydeveloperpodcast.com/learn

Would you love to have 200 people lining up to buy in to your next property development? I would!  So I speak with Andy Hoyne, a respected thought leader in the property development industry, about the marketing and strategic positioning of development projects.

Andy is the Founding Principal of Hoyne, and has been working in and around the property sector for the last 25 years, helping major Australian and international developers and councils create recognisable landmarks across Australia. This, coupled with Andy’s travels around the world, mean he has seen how the power of effective placemaking can completely transform communities.

Andy strongly believes that we can do more to create meaningful places, and this led him to publish The Place Economy – a significant resource book that looks at best-practice placemaking around the globe and its social and economic impacts. And you will have the chance to win a copy of that book, so stay tuned for how.

"In a hot market people get lazy and just deliver product." Andy Hoyne

This ended up being another longer chat so I'be broken it up into two parts.

In the first half of the interview we cover the importance of having a point of difference, how you can mitigate risk through innovation, and the 'must do' marketing activities for developer’s on a budget.

In part 2, we will cover how to grow your development business and create a company that stands out.

Keep an ear out during this part of the discussion for Andy's tips on how you can get 200 people lining up to buy your product...

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 real estate developers

I think part 1 of my talk with Andy was chock full of ideas and inspiration to help take your developing to the next level. We keep mining for more gold in the second half of the conversation so make sure you catch that in the next episode.

Here are three lessons I took out of that part of my chat with Andy

1. Successful property developers understand the importance of having a point of difference

It was a great point that Andy made around the challenges you will face if you deliver the same offering as pretty much everyone else. It means you will ride the ups and downs of the market. Without offering something compelling how can you expect to influence the price upwards? Andy gave the great example of how the bottom 2% of a building, if done really well, may in fact positively influence the prices of the 98% of units above it, because there is something really interesting and attractive there for buyers. Andy suggested hiring really good, clever consultants who can really help you shape something special.

2. Property developers can mitigate risk through innovation and difference

Following on from the previous point about being different, if you want to get higher returns then Andy talked about not just continuing to do the same thing over and over again. If you can understand what people want, create a compelling solution and exceed people's expectations, then you will be able to find a market for your product and command a higher price. Good developers can deliver quality products over and over, great developers can adapt and change how the game is played.

3. The 'must do' marketing activities for property developers on a budget

I love how Andy came at this question from the point of 'how do you get 200 people to line up for your product?' That's a great way of thinking, and something I do for my projects when I get ready to market them. I think I only need 20 people, or whatever the number is, to love our offering and agree to sign up. So how can I help them fall in love with one of our properties. Andy talked about following this simple process.Step 1. think about who the market is for your project or property and cater to them, are they families, wine lovers, dog lovers, young couples. Whoever it is, figure it out and focus on them. What's going to light their fire or get them excited?Step 2. Have a great design that will attract peopleStep 3. Work out what is going to be distinct about your project. Then come up with an idea and find out how to market that idea. Remember Andy advised to do a couple of things really well, rather than trying to do 10 things cheaply. Andy gave you a rule of thumb of a budget of 2% of gross revenue for marketing activities.

Okay, that's it for part 1 of my inspiring chat with Andy Hoyne, make sure you tune in to part two as we go deeper into what you can do to grow your developing business.

If you enjoyed that chat with Andy, you might like to revisit my discussion with real estate agent and property entrepreneur David Stewart, in episode 24, where we talked about marketing and selling your projects. David and I covered some good ground in that chat, so dig up episode 24 and take a listen.

Don't forget that if you are interested in learning how to develop then email me [email protected] and I can send you some information about the program.

So until next time, strive to be different and stand out from the crowd...

Links

Hoyne - https://hoyne.com.au

Would you love to have 200 people lining up to buy in to your next property development? I would!  So I speak with Andy Hoyne, a respected thought leader in the property development industry, about the marketing and strategic positioning of development projects. Andy is the Founding Principal of Hoyne, and has been working in […]

Evolving from student to teacher is an interesting journey, especially when you are talking about property development.

In episode 46 of the show I've got part 2 of my conversation with my developing mentor Troy Harris. In part 1 we covered how Troy went from toy store owner to renovator to developer, if you missed it, go back to episode 45 and take a listen, and in part 2 we talk about how Troy's property business has evolved over the years, how you can stand out in a softening market and the importance of momentum.

If you are interested in learning how to develop property then email me [email protected] and I can share some information about the mentoring program offered by Troy Harris. I think it is a great program, and will give you all the tools and resources you need to become a successful property developer, and as a listener to this podcast you get an incredible saving off the course fee.

Keep an ear out for Troy's tip on how you can become a better developer.

It was fun for me to revisit some memories and talk with Troy. His mentoring really has changed my life, and doing his training program was one of the best things I have done. Perhaps it has inspired you to learn how to develop property or find out more about Troy's program, if so then email me [email protected]

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 Real Estate Developers

Here's 3 things I took out of my conversation with Troy:

1 - Momentum is invaluable in property developing

I liked how Troy talked about how quickly you can generate momentum once you decide to take action. I can still remember the feeling during my first project when I started gathering momentum and I could sense that there was nothing that would stop me from finishing it. And it all came from slowly chipping away at things. In developing you want to maintain progress and not get stopped, because once you stop it can be hard to get the train moving again. So, what action are you taking today to get your momentum started or to keep it going?

2 - Stand out from the crowd when selling real estate

Troy gave some great ideas on ways you can stand out from the crowd, particularly in a softening market. He talked about doing a little bit more than your competitors. Can you get better renders, offer better inclusions, or have better staging in completed properties? Take a look around the market and see what is going on and determine what you can do better.

3 - Always do your best when developing property

I really like this simple yet powerful piece of advice - always do your best. Keep trying your best and surprising things might start to happen. So keep trying your best, keep chipping away, and watch that momentum build!

Okay, if you enjoyed that conversation with Troy, why not jump into the archive and take a listen to episode 34 with Kirk Miller who switched from architect to developer to maintain control of the development process.

I am sure you will enjoy that discussion with Kirk.

Links

HQ Homes - www.hqhomes.com.auRookie Developer - www.rookiedeveloper.com.au

Running your own toy store is not exactly how you would imagine most real estate developers would start their property career. How can you go from selling toys to doing projects? Well Troy Harris did just that. He went from retail operator to property renovator and finally developer.

Troy has gone on to do a stack of development projects, set up a property developing training program and learnt a lot along the way.

I first spoke with Troy in 2012 about doing his property developing mentoring program, and after signing up and starting the program I secured my first development site and eventually completed my first project, which as you know ended up being a 20 townhouse project that was way bigger than I ever intended, but I successfully got there in the end and it was a terrific experience. And I couldn’t have done it without Troy’s help. 

When I started the podcast, Troy was on my early list of people I wanted to have on the show, so I’m excited to be finally bringing him to you. We ended up having quite a long chat, as we meandered down memory lane, and cover how Troy started off doing a couple of renovations, before starting his development career in Ballarat in regional Victoria. Since then Troy has completed a stack of projects, and set up a program to help wannabe developers.

People often think it is easier to develop in a hot market but it is challenging to acquire profitable sites. - Troy Harris

I have broken the conversation into two parts, so in part one, we cover how Troy went from owning a retail shop to developing, the biggest obstacles he had to overcome, and what he has learnt along the way. Keep an ear out for Troy talking about what holds people back from taking on developing.

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 real estate developers

Make sure to tune in to part 2 to catch the rest of the conversation. Here are three things I took out of my discussion with Troy:

1. Your mindset helps decide your life

I know people keep banging on about having the right mindset, and it is almost a cliche, but it is actually true. We live in the world of our own making, and the funny thing is, is that you can create the life and world that you want. Not just by thinking about it, but working on it. The key is deciding what you want, and then putting in place a plan to get there, and importantly getting help along the way from people who have done it, or know how to guide you. When you decide that nothing will stand in your way, then you just get on with it. Your brain has the amazing capacity to believe or be programmed, and coupled with your heart/desire, you can achieve incredible things. So if you are sitting there thinking about all the reasons why you can’t do something, try flipping it around and asking about all the ways that you can.

2. Early success can be a curse

I have been down this path before. Sometimes having early success can lead you to be complacent about what you need to do to continue being successful. Troy talked about how he did well out of his first renovation, and he thought it was because of everything he did, whereas he found a buyer willing to pay a great price for his homestead, which was a little unique, but when he did something more conventional, he came up against the weight of the market. I found that with my second project. I thought that since council supported, in fact pushed, for a more dense project, they would do the same on my next project, but they didn’t and it was a costly lesson.

3. Identify your perfect site

This is a good tip from Troy. Once you identify your perfect site, it narrows your search parameters and focuses your effort. You are less likely to go down rabbit holes chasing potential development sites of all shapes, sizes and locations. It also allows you to be clear with agents about what you are looking for, so they can help find it. Troy gave a few things you can consider to identify your perfect site - the location, the project type, and the likely cost. As Troy advised, start off doing something you are comfortable with, so that you can sleep at night. Obviously, I was day dreaming when Troy had that conversation with me all those years ago…

Alright, if you enjoyed that conversation with Troy, then why not delve into the archives and take a listen to episode 13 where I speak with developer Matt Jones about how he went from being a postie to becoming a property entrepreneur. Matt had some great advice on how you can achieve phenomenal results and I’m sure you will enjoy that chat, so go back and take a listen to him in episode 13.

Don’t forget to email me if you are interested in learning how to become a property developer [email protected]

And check out my Instagram (https://www.instagram.com/property_developer_podcast/) and Facebook (https://www.facebook.com/propertydeveloperpodcast) pages for my latest developing videos, photos and news at Property Developer Podcast. 

Links

HQ Homes - www.hqhomes.com.au

Rookie Developer - www.rookiedeveloper.com.au

Becoming a strategic property developer is not as complicated as you might think. What does being strategic mean, and what does a strategic property development even look like? You will discover all this and more as we continue our conversation with Byron Sakha.

Today we wrap up our chat with Byron Sakha from Seraphic Developments. If you didn’t hear the first part of the discussion then go back and take a listen to episode 43 as we talk about how Byron went from big corporate to his own show, the niche development segment that he stumbled upon, and lessons he learnt along the way.

In this portion of the discussion we delve right in to the idea of being strategic in your property developing and talk through what that actually means and what you can do to be prepared for any outcome. 

"Strategic planning gives you foresight into possible challenges, setbacks and objections."

I’ve also been responding to the many people who have been in touch about the property development mentoring program. It’s been great to see so many people wanting to take charge of their life and tackle something they feel they want to do. I have an interview coming up soon with the guy who runs the program and I’m sure you will enjoy that discussion, as we track his move from retail shop owner to property developer. If you are interested in learning how to develop property then please drop me an email at [email protected] and I can send you some further information about the program.

I’m also in discussions with some potential future guests about coming on the show and I’m very excited about bringing them to you over the coming episodes, so stay tuned! I’d also like to say a very big thank you to the people who have left comments on Apple iTunes, I have to say I am very humbled by your support and comments, it certainly inspires me to keep going. If you are enjoying the show and can remember when you have a few spare minutes, a rating on iTunes is a nice way to show your gratitude to the guests who graciously give their time and share their valuable insights.

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 real estate developers

I really enjoyed that chat with Byron and I hope you did too. I think we covered some really good topics. The points I took out of this part of the discussion are:

1. Don’t be afraid to ask hard questions

This was a great point that Byron made. Asking hard or challenging questions to people is a great way to see how people react and what they do. If people push back then ask why? What is it they find difficult or why are they being cagey? This may be a red flag, or there may be another answer, but whatever it is, you owe it to yourself to find out. Otherwise, it could come back to hurt you later. Being prepared to ask the hard questions shows you are professional and that you take your diligence work seriously, and I would think that people with nothing to hide should be happy you are asking the questions.

2. Strategic planning can help your property development business flourish

Byron and me talked at length about the power of strategic thinking and planning, and we showed you how to be strategic. Identifying issues can help minimise risk, it helps you prepare for many eventualities and gives you an opportunity to flourish as an individual. We talked about identifying problems before they come up, working out what some of the solutions or options could be, and how you can stay grounded and centred along the way.

3. Your biggest challenges create the greatest growth

I love this point and it is so true, as one of my mentors John Demartini says, maximum growth occurs at the boundary of support and challenge. We often learn the most when we are being challenged a lot. At the time it can seem stressful and hard going, but with hindsight we can often see that this was the best thing to happen to us. So why not embrace those challenges with the awareness that they are helping you become a better developer.

Alright, if you enjoyed that conversation with Byron, then why not delve into the archives and take a listen to episode 29 where I speak with Kiwi developer Graeme Fan about his approach to developing in Auckland. Graeme likes to focus on one area to help him succeed… I’m sure you will enjoy that chat with Graeme, so go back and take a listen to him in episode 29 ( http://propertydeveloperpodcast.com/2017/03/01/new-zealand-property-developer-focuses-on-one-thing-to-ensure-success/).

Don’t forget to email me if you are interested in learning how to become a property developer [email protected]

And check out my Instagram (https://www.instagram.com/property_developer_podcast/) and Facebook (https://www.facebook.com/propertydeveloperpodcast) pages for my latest developing videos, photos and news at Property Developer Podcast. I will have some good material to update you with over the coming months.

So until next time, may you harness the power of strategic planning to help your projects flourish. 

Links

Byron Sakha - https://www.byronsakha.com

Justin's Project Photos

Becoming a strategic property developer is not as complicated as you might think. What does being strategic mean, and what does a strategic property development even look like? You will discover all this and more as we continue our conversation with Byron Sakha. Today we wrap up our chat with Byron Sakha from Seraphic Developments. […]

Finding a niche in a market can really help you focus on delivering something special for your buyers. Byron Sakha discovered a unique property development niche and he is delivering some beautiful projects to service a growing market.

He has gone from playing henchman and tough guy, to property developer and master coach, so he has many strings to his bow. I think you will enjoy the conversation that we have.

Before I get to that, here’s what I have been up to lately. I have been responding to the many enquiries that are coming in about the property developer training course that I mentioned in the last show, so thank you to all those people who are keen to know more.

Learning how to develop property

If you are interested in learning how to develop property then drop me an email [email protected] and I can send you some further information.

And just before we move into today’s guest, I would love to do a podcast with someone who has had some tough times as a developer to hear what they learned and what they would do differently, maybe they’ve had troubles finishing projects, or maybe they went bust, hopefully they have bounced back and have some good lessons to share. So if you know of someone who might be willing to be a guest on the show please drop me an email and let me know.

Okay, on to today’s guest, a friend of mine from Sydney, Byron Sakha. Byron has an interesting story to share about how he got into property developing and what he has learnt along the way. Byron started off his developing journey at a big corporate, before branching out on his own. This ended up being quite a long conversation, as there are many interesting sides to Byron’s life, so I have broken it into two parts.

In this part we talk about how attitude can really get you places, the importance of your feasibility and how long term, strategic thinking can help you see things on the way not in the way.

In part two we take a deeper look at how you can be strategic in your planning and thinking.

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

Okay, that’s the end of part 1 of my chat with Byron. I hope you enjoyed it as much as me. I think Byron has quite an interesting take on life and developing. Here are three things that stood out for me from our conversation so far.

1. Attitude can get you places in property development

As Byron said, he got his first opportunity with Multiplex because he was keen and showed great attitude. He didn’t complain about his entry level position and got on with the job. He demonstrated persistence and perseverance and it got him a start. The lesson for me was about being prepared to do whatever it takes to get the job done, and not searching for excuses.

2. Be as clear as possible with pricing in your property development feasibility

Byron raised the very good points about being careful with your numbers to help reduce the provisional sums in your construction contract, maintain control over the scope of works, and being clear about the materials and finishes you want. As he said, being clear on all this at the start will avoid arguments and disagreements later by eliminating the age old problem of assumptions!

3. Long term thinking can help you see things on the way not in the way

This is one of my favourite sayings. Everything happens for a reason, and I find, if I have a big enough vision and a strong purpose, then I don’t let things stop me from pushing forward. Yes I can get frustrated with things taking longer than I want, or not going exactly to plan, but I deal with it and move on, because I have bigger things I want to get done. Anyone that has ever done anything significant, has experienced big challenges along the way, but they pushed ahead regardless.

Alright, that’s my wrap of part 1 of my discussion with Byron Sakha, in the next episode we will finish off the conversation and pick up talking about the power of having a vision, and some quite detailed tips and ideas on how you can craft your own strategic plan to ensure your success as a property developer.

If you enjoyed that conversation with Byron, then take a listen to episode 18 where I speak with property developer Brendon Ansell who arrived in Australia with $50 to his name and now runs a publicly listed development company… http://propertydeveloperpodcast.com/2016/07/14/from-fifty-bucks-to-130-million-in-property-development-projects/

Don’t forget to drop me an email if you are interested in learning how to develop property, you can find me at [email protected]

And if you get bored next time you are at work or delayed commuting somewhere, why not leave a comment on iTunes about the show, if you do I’ll be your BFF!!

Links

Byron Sakha - https://www.byronsakha.com

Finding a niche in a market can really help you focus on delivering something special for your buyers. Byron Sakha discovered a unique property development niche and he is delivering some beautiful projects to service a growing market. He has gone from playing henchman and tough guy, to property developer and master coach, so he […]