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December 2, 2024 81 mins

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Hey, Legends! Ready to crack the code on generating revenue in property development? In this episode of The Building Talks Podcast, I’m joined once again by Steve Chandler, our resident expert for the How to BE a Property Developer Series. This time, we’re talking all things revenue—the essential part of any development project that gets cashback in your pocket after months (or even years) of hard work.

Steve and I explore the critical steps to creating a marketable product, understanding the sales process, and managing risks to ensure you get paid. From conducting the right research to selling off-the-plan and navigating the all-important cash flow, this episode is packed with practical tips to help you master the financial side of property development.

Stay tuned to the end to hear us dive into the six (or maybe five!) Ps of success—you won’t want to miss it!

Listen now for actionable insights to take your property development game to the next level.🎧

Takeaways:

  • Knowing how revenue works is key to being a successful property developer.
  • Create products people want—market demand drives success.
  • Demographics shape what and where to build.
  • Sustainability is a must, even if it adds costs—buyers care about it.
  • Always plan your exit strategy early.
  • Settlement hiccups can mess with your cash flow—plan for them.
  • Keep buyers in the loop during the entire process.
  • Government rules can shift the game—stay updated.
  • Stick to design guidelines to avoid approval headaches.
  • Managing risks is a job from start to finish.

Hope you enjoy the podcast!

The Building Talks Podcast is brought to you by Building Environs Recruitment - providing recruitment solutions to the property, construction, and related industries, here in Melbourne and Southeast Queensland.  For an overview of our service, visit:

www.buildingenvirons.com.au

Don't forget to follow us on LinkedIn, Facebook, Instagram, and subscribe to The Building Talks podcast so you don't miss any updates. 

Also, if you're considering a journey towards becoming a Property Developer, Steve is the go-to guy in this space - reach out to him at:

www.propertydevelopmentinstitute.com 

#propertydevelopment #revenue #marketdemand #demographics #riskmanagement #sustainability #exitstrategies #settlementrisks #buyerengagement

The views and information shared in this podcast are for general purposes only and do not constitute legal or professional advice. Neither the host nor guests are providing specific guidance. Please seek professional advice before taking any action based on the content of this podcast.

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