Getting the property development process right can be the difference between a profitable project and a costly mistake. In this episode of the Property Mastermind Podcast, Hilary Saxton and Bob Andersen unpack the 9 essential steps they teach to ensure your development runs smoothly from start to finish.

They explain how each stage - from finding a site and conducting due diligence through to finance, construction, and settlement - fits into a structured process that reduces risk and increases profitability. Along the way, they share real examples, strategic insights, and the pitfalls that can trip up both beginners and experienced developers.

Links

• Attend the 3 Day Workshop on the Gold Coast: https://bit.ly/3UmDhjo 
• Chat to Hilary about the current investment opportunity we have: https://link.propertymastermind.com.au/book-a-call
• Join the Ultra-Urban Database for upcoming investment opportunities: https://bit.ly/45sqO2F
• Head on over to our website to find out more about our workshop and education options: Our Website
• Connect with handovers.com: https://handovers.com/

Episode Highlights 
00:55 – Introduction to the 9-step property development process.
03:25 – Why Bob created the 9-step framework and how steps can overlap.
07:56 – Step 1: Finding a site that meets all necessary criteria.
08:40 – Step 2: Conducting thorough due diligence, including zoning and services.
10:18 – Step 3: Running a feasibility study to ensure the project stacks up.
15:01 – Step 4: Securing finance, including understanding two stages of funding.
17:00 – Step 5: Acquiring the site—contracts, options, and when each is used.
18:36 – Step 6: Managing the construction process and builder contracts.
19:54 – Step 7: Marketing strategies, involving agents early for best results.
26:59 – Step 8: Settlement and realising project profits.
29:00 – Common mistakes new developers make—incorrect feasibilities.
31:42 – Underestimating timelines and process steps.
34:07 – The importance of following the process to avoid costly missteps.
36:32 – How process knowledge supports joint ventures and financing.
38:52 – Closing thoughts on mastering all steps for successful outcomes.