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Just 9 Steps to Develop Property! Millionaire developer explains What are the steps that you need to take to be successful in a property development project? Rob Flux, Property Developer and Founder of Property Developer Network, joins us in this insightful episode as he explores the nine-step process of property development, from strategy selection to profit realisation. Discover the essential terminology that every developer should know and learn how to choose a scalable development strategy that suits your skills. In this episode, Rob covers the importance of understanding development strategies and deal sizes, how to identify green light areas ripe for investment, efficient methods for assessing potential deals, and key negotiation tactics to meet both vendor and agent needs. Whether you're a seasoned developer or just starting out, this episode is packed with practical tips and expert advice to help you navigate the world of property development successfully. Don't miss out—click on this episode now! Get in touch with our amazing episode contributors & sponsors: Rob Flux: https://developernetwork.com.au/events Chat with Steve Ash today: https://www.propertystrats.com.au/ Investor Kit: https://www.investorkit.com.au/ Rob's YouTube Channel: / @propertydevelopernetwork Rob's Free Course, "7 Step FORMULA To Financial Freedom": https://freecourse.com.au/ CHAPTERS: 00:00 - Introduction 00:25 - Step 1 to Property Development 02:12 - Understanding Development Terminology 09:02 - Building a Roadmap for Development 11:38 - Step 2 to Property Development 12:00 - Importance of Council Knowledge 19:03 - Filling Your Deal Funnel 23:15 - Common Mistakes in Finding Deals 25:36 - Step 3 to Property Development 32:17 - Due Diligence and Consultant Engagement 34:29 - Step 4 to Property Development 37:29 - The Importance of Communication Skills 40:42 - Building Relationships with Agents and Vendors 45:00 - Getting Better at Negotiations 46:00 - Step 5 to Property Development 48:00 - The Mistake of Forcing Your Needs onto the Vendor 49:00 - Step 6 to Property Development 50:00 - Commercial Finance 51:03 - Alternative Lending Options 52:28 - Low or No Money Down Strategies 54:34 - Step 7 to Property Development 55:47 - Why Personal Name Ownership Is Risky 59:38 - Importance of Exit Strategies 1:02:15 - Step 8 to Property Development 1:03:01 - Understanding Critical Path in Project Management 1:06:09 - Step 9 to Property Development 1:06:50 - Planning the Exit Strategy from the Start 1:07:30 - Pre-Sales as a Risk Mitigation Tool 1:09:31 - Key Steps in the Development Process 1:11:04 - Funding and Structuring the Deal 1:13:24 - The Importance of Rewarding Yourself 1:13:51 - Avoiding Burnout Through Mini Rewards 1:15:33 - Setting Specific Rewards for Yourself 1:16:05 - Actionable Steps for Getting Started in Development 1:16:52 - Learning from Others and Building Knowledge 1:17:42 - Avoiding Big Risks with Small Steps 1:19:11 - Final Thoughts 1:19:21 - Free Course for Financial Freedom 🍕🏠 We want to hear your investor story! So if you've experienced something that you know other investors can learn a thing or two from, click the link below and let us know. 🍕🏠 👉 https://pizzaandproperty.com.au/inves... 👈 If you'd like to be flown into the Pizza & Property Studio, put up for a night's accommodation, have dinner with Todd Sloan, and have a team of carefully chosen property investing experts help you get unstuck, click the link below and tell us why you're stuck, and you could be our next UN-Stuck Yourself winner! 👉 https://pizzaandproperty.com.au/unstu... 👈 Want more help understanding how to buy property faster and for less? Get your copy of Todd Sloan’s book today: Booktopia: https://www.booktopia.com.au/australi... Dymocks: https://www.dymocks.com.au/book/austr... YouTube Pizza & Property: / @pizzaandproperty1246 Facebook Pizza & Property: https://www.facebook.com/Pizza-and-Pr... ASK YOUR LISTENER QUESTION BY VISITING THE WEBSITE BELOW Website: https://www.pizzaandproperty.com/ Disclaimer: All discussions are general in nature and should never be considered financial advice, please seek your own professional financial advice. The content displayed on the website, podcast, and blog is the intellectual property of Pizza and Property. You may not reuse, republish, or reprint such content without our written consent.