In this week’s episode, Hilary and Bob discuss how to find a property development site. They discuss essential strategies and tips for identifying potential property development locations, emphasising that finding a site is the crucial first step in any development project.
Episode Highlights:
- The $65 Million Question [00:46]
- Daylight Saving and Scheduling Chaos [01:05]
- Upcoming Three-Day Workshop [01:48]
- Book Giveaway: Secrets of Property Millionaires Exposed [02:37]
- Starting with the End Game in Mind [04:11]
- Curveball: Finding Unexpected Opportunities [05:31]
- Building a Network of Contacts [08:02]
- Understanding the Market [08:21]
- Demographics and Local Market Analysis [10:15]
- Owner-Occupier vs. Renter Markets [14:14]
- Location, Location, Location [17:03]
- Zoning and Planning Regulations [23:06]
- Rezoning Challenges and Opportunities [24:00]
- Financial Feasibility [28:35]
- Buyer’s Agents and Feasibility Knowledge [30:45]
- Importance of Due Diligence [32:43]
- Red Flags to Watch Out For [37:17]
- Tips for Securing a Site [41:21]
- Negotiation Strategies [42:12]
- Closing Thoughts on Finding Development Sites [42:55]
