Whatever the deal you are looking at its important to have an accurate appraisal and in this episode, Shaz explains stage 1 of his 3 stage process for appraisal

When you have worked out an overview of costs for acquisition, net saleable area, and development you will know if the deal is worth looking at further

Shaz explains the process and then takes us through an example so this is a great  episode that will get you started on the vital process of appraisal as a property developer

 

KEY TAKEAWAYS

• The first question about any potential deal is whether it fits your criteria
• Work out the net saleable area you can develop and the costs
• You need to understand how much it will cost to develop the property
• Calculate the price of acquisition and include all associated costs like legal
• Work about how much funding you need for acquisition and how much for developing the project
• When you have worked out the profit margin you will know if the deal is worth looking at further

 

BEST MOMENTS

‘It gives a good idea about whether you should look at a deal further’

‘If at any point I think it’s not working out I know to not do anymore’’

 

VALUABLE RESOURCES

[email protected]

 

ABOUT THE HOST

Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.

Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.

He is a huge advocate of having multiple streams of

income. He has written a number of business books and regularly contributes articles to mainstream media outlets.

You can find Shaz on:

·    Facebook

·    LinkedIn

·    Instagram

·    YouTube.