Show me what's in the The Property Development Toolkit?

The Toolkit is made up of four tools:

1. The Buying Price, Profit and Costing Workbook:

PShows you how much profit potential's in the deal (target 20%)

PGives you a suggested maximum buying price for a property to achieve your target profit of 20%.

2. The Selling Price Research Workbook: helps you work out the right selling price for your property.

3. The Property Condition Workbook: to remind you of all the things to check for when buying.

4. The Developer's Checklist Workbook: to remind you of all the things to do on the project.

Profit, Price and Costing Workbook

Here's how it can work for you. The purpose of this workbook is to show you how much profit potential a deal has so you can filter out the no hopers fast and go onto one that'll give you the profit you want. Key to a successful property development project.

You can use it in three ways:

1. to see if there's any real profit in the deal for you.

2. to see the maximum price you should pay for the property in the first place to achieve a 20% profit.

3. Record the costs of the actual money you spend on the project, once you start it. So you can see whether you're still on target to make the original profit you had in mind. And if not make decisions about what you'll do to get the project back on track. (Which is where the Secrets will come in handy).

1. See if there's any real profit in the deal

You give the workbook:

P the asking price of the property

P the costs of developing the property

P the selling price of the property you want to achieve after all the development work is done.

The workbook then tells you how much profit you'll make on the deal, both the amount of money and the percentage.

2. Get the Suggested Maximum Price you should pay for the property

You give the workbook:

P the selling price of the property you want to achieve after all the development work's done

P the costs of developing the property

P bearing in mind you'll be aiming to achieve a 20% profit

The workbook then suggests the maximum price you should pay for the property to achieve a 20% profit on the deal.

Armed with all this knowledge you can go back and possibly renegotiate the vendors asking price. Or simply pass on the deal so you're free to find a property with more profit potential.

3. Keep on track and on top of what you're spending on your project

You give the workbook:

P costs as they occur

The workbook then tells you if you're still on track to make the profit you want.

Using the workbook like this can give you a clear picture of where you stand financially with a property development project as it progresses through to completion.

So you can carefully monitor and track what and where you spend your money on to get the project completed on budget, on time and on profit!

Selling Price Research Workbook

Here's how the Market Research can work for you. The purpose of the Market Research workbook is to give you a place to record and analyse the selling prices of other properties similar to the one you want to develop in your area.

This is so you can set realistic expectations about your selling price. Because what you sell a property for has a direct impact on how much profit you'll make. Set it too high and it might not sell at all! Set it too low and you could reduce your profit.

Property Condition Checklists

Here's how the Property Condition Checklists can work for you. The purpose of the Property Condition Checklist is first of all to remind you of all the things you need to check as you inspect a property. Also so you can record notes and any costs to fix problems. Costs that may well effect your profit and can therefore go into the Profit and Costing Workbook to see if they impact your profit.

Developer's Checklists

Here's how the Developer's Checklists can work for you. The purpose of the Developer's Checklists are to remind you of all the tasks you'll need to do to: purchase a property, develop it and finally sell it.

There's a Toolkit for each situation!

(Just like The Property Developer's Secrets)

Decide what you're doing then pick the Toolkit you want!   

£47

Extend or Refurbish a Property It may be your own home and you may want to exploit the potential is has both to live in and enjoy and to increase it's value should you ever want to sell. Or it may be a property you don't want to live in yourself but just want to make a good profit from. Target a 20% profit.

£57

Build a New House Purely to Sell for Profit Either on a new plot or to replace an existing building. This'll be a deal that should deliver a 20% profit for you. Or... Self Build your Own Home and Live in it But sure in the knowledge you've got the home you want designed the way you want it. Plus also know you've got a good deal, with built in equity.

£67

Build a Big Scheme of Many Properties All to sell on to make an even bigger profit for you. Just like with building a single new property, a scheme of many new properties should still deliver a 20% profit. There's just more to think about and manage! So get up to speed and be prepared. But the amount of profit should be so much larger for property development schemes like this!

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