What happens when you put property developers through a 5-day audit of the foundations? You find the gaps they've been working around for years.

Bob and Hilary recently ran a 5-day Property Development Challenge inside the PM Facebook group, and this episode is the takeaways recap. Across the five days we covered your why, the skills you already have, your risk profile, your financial situation, and the world of brokers, capital and joint venture partners.

Bob's finance thumb rule - the one that tells you how much equity you actually need to get started, and where that equity can come from was the standout moment. It's the kind of clarity most people don't get until they're well into their first deal.

Whether you're sitting on the sidelines wondering if property development is for you, or you've already started and want to pressure-test your approach, this is a fast hour with the foundations in plain English. The challenge is still available to work through inside the Facebook group if you want the full version.

Links

• 5 Day facebook Challenge Facebook link: 5 Day Facebook Challenge
• Chat to Hilary: hilary@propertymastermind.com.au