When your reason why outweighs the reason you can't... YOU WILL!!!
Talking about how we started in property developments on our 3 day property developers secrets course, I highlighted to our students that when your reason why outweighs the reason you can't, you will do it.
For example. One of the questions we ask at the beginning of the day is "what is stopping you doing a property development deal?" Some of the answers were...
- Finding Deals
- Track Record
- Valuing Land
- Build Costs
- JV Partners
Let me take you back to 2005. When I was travelling around New Zealand and Australia, I had a travel journal that my dad gave me. I filled it out as a journal for 2 weeks before I either forgot to fill it in or got bored filling it in (probably the latter). Instead I wrote out business ideas.
From as early as I can remember, I didn't want a boss, I didn't want to work for someone. I was creative and wanted to create my own future. I wanted to own a business. I just didn't know what business. The ideas in the book, I keep today. I still have the ideas but never took action. I returned to the UK in 2006 and got a JOB! - Why? Maybe I lacked knowledge, I was fearful, I had no money, many of the same reasons people don't get into developments.
7 years on, I was still working full time for someone else. My dreams of starting my own business was fading away. Until one day... 4th November 2013. The day my Dad lost his battle to cancer. He was 54... It was that moment, in the hospice room, that I was starring at my Dad, who was looking so peaceful and free from pain that I said to myself, NOW IS THE TIME TO DO WHAT I WANT TO DO!... The reason I thought that was because time is short...
Sometimes too short! You don't control your lifetime, so take control of the life you have before its time.
My why was huge! I had always wanted my own business and now it had just been cemented in my brain that it is going to happen. All of those reason why I couldn't, (or thats what I thought) were eradicated. I went out of my way to talk to people who own businesses and quiz them... What is VAT, how do you get customers, how do you invoice? Very basic questions... I was selling LED lights at the time and so that is what I knew... I was going to start a lighting design business... That was until 27th December when Andi Cooke called me to say he had been reading a property investing book and wondered if I wanted to look into it with him. (Andi was one of those people who I had quizzed about starting a business)... Luck? Not a chance! It was activity which created the opportunity. My why grew stronger when my Grandad passed away 56 days after may Dad...
The reasons people give us about why they haven't started property development yet are the exact reasons that I had when I started. But it didn't stop me... Because, my why was bigger! Life is too short.
If you have no knowledge - Learn It
If you've not got the mindset - Sort It
If you struggle finding deals - Learn It
If you have no track record - Borrow It
If you can't value land - Learn It
If finance & funding is a problem - Learn & Borrow It
If location is a problem - It shouldn't be
If fear is a problem - Learn to get over it, it will always be with you
If you don't have the time - You why is not big enough. (Make the time)
“The trouble with excuses is that they become inevitably difficult to believe after they’ve been used a couple of times.” ― Scott Spencer
It is often mistaken by people to think that you need a lot of money and time to get into developments. These short videos will show you that it is easier than you might have first thought.
Funding your development is possible and achievable. You just need to understand how.
Here is our view on how to fund a development.
We are not financial advisors and are not giving financial advice. It is purely information and education that we are providing.
Eddie the Eagle will always go down as a legend, a man who made his dreams become a reality. With property development we are constantly striving for bigger and better challenges. Eddie's story was a breath of fresh air. His determination and vision didn't get in the way of people putting him down. It only made him stronger. Eddie finally achieved his dreams in 1988. He wasn't bothered about winning the Winter Olympics... In fact he knew he couldn't but he just wanted to be the first British Ski Jumper in the Olympics.
Dreams can come true if you let them and push yourself... Stop dreaming of dreams and start living them!
On Wednesday 9th August, we hosted our Summer Party...
We were grateful to have such inspirational speakers such as Stuart Mellody, Baylee Abbott, Martin Skinner, Rhys & Llewellyn Davies and the Olympic legend himself....
EDDIE THE EAGLE...
His story is amazing and he's still so down to earth... One thing is for sure... He has some determination, drive, ambition and courage...
A great evening, with some awesome people!!!
How to turn £1,997+vat into £550,000 Profit...
Today we visited Ricky Darlow and James Hemphill's development in Nuneaton.
Ricky & James attended our course in January 2016. 2 weeks after they had found 2 plots on Rightmove. During their Mastermind Mentoring session we looked at both plots and advised that this site was the better option, despite the other one being closer to their home.
The guys went through the planning process which wasnt straight forward to due the council but they eventually got full planning for 10 houses.
Their exit strategy is to sell these properties at the end.
In 2016, they took action by attending our course to educate themselves. They then took further action to implement their training and got stuck in on their development journey.
One of their biggest challenges the guys had, was raising the finance for the site. You might be able to relate to this yourself... How many times have you thought, 'I can't raise finance"... Well these guys are proof that if you tell yourself that you will find the funds, then you will... Property development is very much about mindset as it is the deal.
It was a pleasure to visit the site today and see how well Ricky and James (who's company is Darlow Hemphill Ltd) have done. This is their first site... It was very professional looking, very tidy and very interesting to see.
Hats off to the guys as they have firstly educated themselves and taken action to make their dreams into reality.
They will be selling these properties in September. If you have any interest in purchasing any of them, plan please get in contact with the guys.
The out line figures are as followed...
GDV - £2,400,000
Land Purchase - £280,000
Build Costs - £1,200,000
Total Spend - £1,850,000
Profit - £550,000
They haven't done anything special apart from follow what we have done and what we have taught them.
Super proud of what they have achieved not only on this site but on their business and future investments.
Definitely worth catching up with these guys for a coffee at some point if you want to find out more.
If you have ever thought about investing in yourself we have course dates in September and November.
For the real action takers we have 1 place left this weekend...
YOU could be the next site we visit...
YOU could have £550,000 profit...
Property Development is often thought to be hard to get into. Most people think that you need a lot of money, time and knowledge. In fact the only part of that that you NEED to get started is knowledge.
Have you ever read a job offer and you see 'must be experienced'... Well thats quite annoying when you are just starting out... It like you have to start from the bottom. With the Property Developers Discovery day by White Box Property Solutions, you can leap frog the start and get into developments. Without experience. The team at White Box teach you what you need to know, no matter what stage of your property journey you are on.
The day is designed to show you that you can become a developer. You don't need money or time... You just need to know the model, know what to do and who you need in your power team.
As Wayne Gretzky once said... 'You miss 100% of the shots, you don't take"... Take a shot if you want to succeed. Change your destiny by investing in your education