Do Your Due Diligence For Any Development Site You Are Looking To Buy #propertydevelopement
Build It and Prosper
by Build It and Prosper
1w ago
Get my book for FREE https://youapropertydeveloper.com/ So then you will carry out your due diligence, and I talk about that incidentally in my book, You A Property Developer, and it's on page 35 onwards. If you'd like a copy of this book, I'm just offering it for free at the moment. All I'm asking is you pay for the postage and packaging, which is only £2.80, and you'll get a copy of the book, a hard copy of the book. Simply go to youapropertydeveloper.com, that's the website for just getting the book there, and I'll be happy to send that out to you. I've also actually created a free land fin ..read more
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What plant are you going to need for your development #propertydevelopement
Build It and Prosper
by Build It and Prosper
1w ago
Get my book for FREE https://youapropertydeveloper.com/ What plant are you going to need? So this is going to be part of the planning process, but you want to make sure that the plant is going to arrive at the time when your contractors that are going to use the plant are going to be available. Now some contractors will supply their own plant, but sometimes you're going to have to bring plant in to help those contractors. So you've got to make sure the two are aligned so as that you're not wasting money on not having the plant available, but no contractor to operate it. Or in the other situati ..read more
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When You Meet with Landowner for the First time - What Do you Say? #propertydevelopement
Build It and Prosper
by Build It and Prosper
2w ago
Get my book for FREE https://youapropertydeveloper.com/ The next stage is going out to visit the land owner, and you're going to have a face-to-face meeting with the land owner, and you will explain the process of how you actually come to the valuation of their site. And the high-level view of that, which I've covered in other videos, but briefly, it's going to be the GDV of the site. GDV standing for Gross Development Value, in other words, what the completed site, so if there's five houses on there, how much would those five houses sell on the open market once they're completed. Useful Links ..read more
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The site setup is about getting everything ready to start building out your site
Build It and Prosper
by Build It and Prosper
2w ago
Get my book for FREE https://youapropertydeveloper.com/ The site setup is about getting everything ready to start building out your site and so there's considerations that need to be put into place. So what you've done up to now is that you've found your site, obviously you've taken it through the planning process, got permission to build, you've taken it through building regulations, you've satisfied those, you've planned your build, you've lined up your subcontractors, you've lined up your materials, who you're going to get your materials from, negotiated the prices and you've put your fundi ..read more
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How do You Legally Secure A Development Site Without Buying The Site? #propertydevelopement
Build It and Prosper
by Build It and Prosper
2w ago
Get my book for FREE https://youapropertydeveloper.com/ Once you've got that deal agreed, then you're going to go into the final phases because you're going to put a lot of work into it. This is going to be a site that's most likely not going to have planning permission in place so that you're going to have to go through that process. You're going to have to spend some money doing that and therefore you want to make sure that it's going to be your deal at the end of that process and not the landowner who then works away with all your hard work and all the money that you've invested that so you ..read more
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Use a Project Manager To Build Out Your Development Site #propertydevelopement
Build It and Prosper
by Build It and Prosper
2w ago
Get my book for FREE https://youapropertydeveloper.com/ Now the project manager is essentially going to do the same job as the main contractor with the turnkey solution, except that they are going to be managing your project. So they will be sourcing the materials, so you'll be paying the price that they source the materials at. So whatever price they are able to negotiate and source those materials at. They will also then bring in the subcontractors, which they will hire and manage, and then you will be paying the cost price of those subcontractors, unlike with the turnkey solution where ther ..read more
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Landowner Contacts You As they Are Interested In Selling Their Land - What Do You Say?
Build It and Prosper
by Build It and Prosper
2w ago
Get my book for FREE https://youapropertydeveloper.com/ We will have somehow contacted the land owner, or this is perhaps a letter we've sent out because we are interested in a particular site that they own, and they have responded. So they call us on the phone and they want to, often the question is how much are you willing to pay? Yes I'm interested in selling, how much are you willing to pay? And the problem with that is you don't know how much you're willing to pay because you really haven't done any investigation on the site. And the reason that you don't do an investigation on the site i ..read more
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On Your Return trip To Landowner When buying Land #propertydevelopement
Build It and Prosper
by Build It and Prosper
2w ago
Get my book for FREE https://youapropertydeveloper.com/ Ready to go back to the landowner and we present those findings. Again, we have a format in which we present those findings and we're transparent. We're showing them how we've worked out the figure so that we haven't just picked a figure out of the air, which is also what you get when you just put in a low ball offer. How did you arrive at that figure? How do you justify that figure? We're able to justify that figure and that's why in the example that I gave earlier where they were able to say, look, we can only offer you a hundred thousa ..read more
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Setting Up YOUR Property Development Site & Keep Your Build on Track
Build It and Prosper
by Build It and Prosper
3w ago
Setting up your property development site Get my book for FREE https://youapropertydeveloper.com/ Are you looking for ways to keep your **property development project** on track and avoid costly delays? In this video, we dive deep into the strategies that successful developers use to ensure efficient builds, stay within budget, and meet client expectations. Whether you’re using **traditional block construction** or **timber frame construction**, we cover the pros and cons of each method and how they impact your timeline. Learn how to plan for **contractor coordination**, manage material **lead ..read more
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Keeping Your Property Development Build On Track & Save Time & Money
Build It and Prosper
by Build It and Prosper
3w ago
Keeping your property development build on track Get my book for FREE https://youapropertydeveloper.com/ This video provides essential strategies and insights for ensuring your property development project stays on schedule, avoids delays, and minimizes costs. Learn how to plan effectively, manage resources, and choose the right build route for success. #### **Key Points Covered** 1. **Importance of Staying on Track** - Deliver projects on time to meet client expectations and avoid financial penalties. - Reduce costs by preventing unnecessary delays, such as prolonged loan payments or increase ..read more
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