18 – From fifty bucks to $130 million in property development projects

Understanding when and how to accelerate your property developing business can be the difference between going to the next level or going bust. So I speak with Brendon Ansell from Velocity Property Group about how and when he accelerated his property development business. I think you will enjoy some of the insights that Brendon will share with you. Brendon is doing some great developments and is really ramping up his business, which is exciting to see. Brendon moved from South Africa to Brisbane in the 90s and started out with $50 in his pocket. Today his business is running around $130million in projects. That’s some change! During our conversation we talk about how you go from doing a splitter block to running multiple projects, how and when you can accelerate your developing enterprise, and how to create a strong foundation for your future business. We also touch on what to do when you have three staff members all with the same name. Property Development Training If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes a bonus program called Taking It To The Next Level for people who may want to go into developing full-time, along with another bonus course called Raising Capital which covers how to raise money for your projects. So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside... Property Developer Quiz Keen to find out how ready you might be to become a developer? Then take the Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at… Become a Million Dollar Property Developer Grab my book Become a Million Dollar Property Developer about my journey into property development. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory. In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way. Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development. This book has the answers for how you can make the leap into property development. Grab your copy now. Social Connection Property Developer Podcast Facebook – https://www.facebook.com/propertydeveloperpodcastProperty Developer Podcast Instagram – https://www.instagram.com/property_developer_podcast/Property Developer Podcast LinkedIn – https://www.linkedin.com/company/property-developer-podcast Lessons for Property Developers What a great story about a guy landing in a new country and really making a go of it. I really enjoyed speaking with Brendon, I took a lot away from our chat. 1. Give yourself five years to understand and learn your property developing business I think the biggest idea that stuck out for me was this notion of giving yourself five years to understand and learn your business. It is in these early years that you can really lay the foundation for a strong, sustainable business by understanding what you do best and how to do it better. Once you have that foundation set then really look to accelerate your activities from years 5-10. I think this is really solid advice, as often people can be undone by trying to do too much too soon and then falling over. 2. Find a mentor to help expand your real estate development skills