Just 9 Steps to Develop Property! Millionaire developer explains

What are the steps that you need to take to be successful in a property development project?

Rob Flux, Property Developer and Founder of Property Developer Network, joins us in this insightful episode as he explores the nine-step process of property development, from strategy selection to profit realisation. Discover the essential terminology that every developer should know and learn how to choose a scalable development strategy that suits your skills.

In this episode, Rob covers the importance of understanding development strategies and deal sizes, how to identify green light areas ripe for investment, efficient methods for assessing potential deals, and key negotiation tactics to meet both vendor and agent needs.

Whether you're a seasoned developer or just starting out, this episode is packed with practical tips and expert advice to help you navigate the world of property development successfully. Don't miss out—click on this episode now!


Get in touch with our amazing episode contributors & sponsors:

Rob Flux:
developernetwork.com.au/events

Chat with Steve Ash today:
www.propertystrats.com.au/

Investor Kit:
www.investorkit.com.au/



Rob's YouTube Channel:
   / @propertydevelopernetwork  

Rob's Free Course, "7 Step FORMULA To Financial Freedom":
freecourse.com.au/


CHAPTERS:
00:00 - Introduction
00:25 - Step 1 to Property Development
02:12 - Understanding Development Terminology
09:02 - Building a Roadmap for Development
11:38 - Step 2 to Property Development
12:00 - Importance of Council Knowledge
19:03 - Filling Your Deal Funnel
23:15 - Common Mistakes in Finding Deals
25:36 - Step 3 to Property Development
32:17 - Due Diligence and Consultant Engagement
34:29 - Step 4 to Property Development
37:29 - The Importance of Communication Skills
40:42 - Building Relationships with Agents and Vendors
45:00 - Getting Better at Negotiations
46:00 - Step 5 to Property Development
48:00 - The Mistake of Forcing Your Needs onto the Vendor
49:00 - Step 6 to Property Development
50:00 - Commercial Finance
51:03 - Alternative Lending Options
52:28 - Low or No Money Down Strategies
54:34 - Step 7 to Property Development
55:47 - Why Personal Name Ownership Is Risky
59:38 - Importance of Exit Strategies
1:02:15 - Step 8 to Property Development
1:03:01 - Understanding Critical Path in Project Management
1:06:09 - Step 9 to Property Development
1:06:50 - Planning the Exit Strategy from the Start
1:07:30 - Pre-Sales as a Risk Mitigation Tool
1:09:31 - Key Steps in the Development Process
1:11:04 - Funding and Structuring the Deal
1:13:24 - The Importance of Rewarding Yourself
1:13:51 - Avoiding Burnout Through Mini Rewards
1:15:33 - Setting Specific Rewards for Yourself
1:16:05 - Actionable Steps for Getting Started in Development
1:16:52 - Learning from Others and Building Knowledge
1:17:42 - Avoiding Big Risks with Small Steps
1:19:11 - Final Thoughts
1:19:21 - Free Course for Financial Freedom



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