25 – How property developers can shave months off their construction time

Completing your project faster means you get paid sooner. Finding ways to reduce time to completion is a perennial goal for property developers. So I speak with Peter Ward from Drouin West Timber & Truss about pre-fabrication or panelisation, which simply put means producing large sections of the building in a factory and then bolting it all together on site. I see real opportunities for property developers to speed up their time to completion by using panelisation techniques. In this conversation with Peter we talk about how you define pre-fabrication or panelisation, when can it be used, and some of the benefits of going down that path for construction. I hope you find it thought provoking and interesting. I don’t know about you, but I like the idea of finishing construction 6 months ahead of schedule. How awesome would that be! 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 I took quite a few thoughts away from my conversation with Peter, including these: 1. Consider different ways to build Have you explored different building techniques or ways to construct. There is lots of innovation happening in the building game, and also other industries that can be used to help improve the efficiency of your project. For example I have read that Henry Ford got his idea for the assembly line from a meat packing factory, which very efficiently moved the animal carcass along a line while butchers progressively removed and packed the parts. Perhaps you can speak with your builder or designer about possible new techniques, or check out industry bodies to see what is new or innovative in that sector, for example I saw a video of a robot bricklayer which would greatly reduce the time it takes to lay bricks on a site. 2. Consider different construction materials What about looking at the eradication of elements, like bricks,