SHOCK HORROR Most property deals don’t stack You find a site Get waaayy too excited about it Do the numbers Then reality hits The deal doesn’t stack This happens to most, if not all, developers – especially when pressure kicks in to find 'the next deal' But chasing poor numbers leads to stress, wasted time, or worse – a financial mess Here are just some of things I look out for to make sure I don’t come a cropper GDV - calculate the sales values correctly Build costs - work out the build costs accurately Contingency - always have a contingency for any unforeseen circumstances Land value - purchase land at a realistic price where the numbers work Multiple exits - finished units that work well whether sold or rented Margins - they need to hit a certain level for banks to warrant lending I run any deals through my filters and if they don’t hit the criteria then I pass on them It all boils down to numbers and making sure that I can generate my company and my investors a profit So I’d rather do no deal than a bad deal Who do you know who might have land to develop or funds for investment? Send me a message to discuss

Posted by Sam Bastow at 2025-05-22 15:35:49 UTC