Like most developers, do you waste hours 🧐 looking at properties, trying to figure out if they have any realistic potential? And when you think a property looks good, do you constantly second-guess yourself 🤔 wondering if you’ve missed something?
You’re not alone. I used to spend hours getting excited about potential properties – manually calculating figures – only to discover they never had a chance of working.
Or, by the time I was confident to move ahead with a property, someone else had already snapped it up. And I was left defeated and starting my search from scratch (again).
I got sick of wasting time looking for potential development properties online. So, I bought a bunch of expensive property development feasibility tools that promised to make the process faster. One cost a whopping $4000.
But they were all too complicated & had massive learning curves, and just slowed me down more.
Knowing a thing or TEN 😉 about spreadsheets (from all my university study), I took some advanced financial modelling courses and decided to create my own feasibility tools.
It took more than three years and 1500+ hours to get right. But the result is a tool that does all the hard work for you.
It allows you to ‘vet’ properties and find the best opportunities fast.
The Smart Feasibility Calculator is the most valuable tool I use every single day. No kidding – I don’t know what I did without it. It is so EASY to use that even people with little or no knowledge can do a professional property development feasibility on any project.
If You Can Fill Out A Form You Can Use Smart Feasibility Calculator.
Stop Wasting Time On Properties With No Potential. Make Sure That You Understand The Most Important Principle When Conducting Financial Feasibility.
The Biggest Challenge For Anyone Starting Out As A Developer Is Being Able To Get The Numbers Right And Get Them Right Quickly And Easily. Thankfully Now You Can With Smart Feasibility Calculator.
Know If A Project Is Good Or No Good Fast Without wasting time or reinventing the wheel.
I Show You Exactly How To Make Good Estimates Based On Averages For Construction And Other Costs Involved.
Ever Wondered If The Costs Go Up By X% And The Sale Values Go Down By X% - How Would This Impact Your Feasibility? With Smart Feasibility Calculator You Can Run Multiple Contingency Scenarios With 1-Click.
In a nutshell, to make sure that we don't run out of money halfway through the project. That's the simplest answer. Lenders will always use one, but when we use it - we plan our development and our cash outflow, 1 step ahead.
If we have a table that lists all our project costs and we have the flexibility to ascertain if and what percentage of it will be funded, we can estimate the total cost, the bank is likely to consider for our project.
Which in turn will affect what we can borrow, which will have a direct impact on the amount of money that we need to have to do the project?
Important: The only way to maximise the return on your own money is by using it as little as possible & completing your project as early as possible.
I’m not the only person who finds the Smart Feasibility Calculator invaluable. Here’s what others have to say about it…
"Loved your Smart Calculator. Great when on the road and in a hurry to get quick overall picture of a development worth pursuing or not. Well done”.
"I was impressed – your “BoE” models are more detailed and well presented than most I’ve seen".
Senior Lecturer In Real Estate Finance, Investment And Valuation At Cass Business School & Director I-Analysis Training
Smart Feasibility Calculator Application Training As Well As
Comprehensive Advance Feasibility Training Included Free With Your Subscription
See the Smart Feasibility Calculator in action on real properties. Watch as I punch in the figures and analyse the results. You’ll be amazed at how quick and easy it is. In less than 5 minutes, you’ll be confidently doing your own feasibility assessments and finding potential deals.
This is the ultimate birds-eye-view of the whole development process, strategies and activities, from finding potential sites to selling or renting the finished property. Here I reveal the 3 C’s for Property Developers and the best strategies to follow for quick success.
This is the ‘Show Me The Money’ section where you see exactly how to make money developing property. Discover the 3 types of Financial Feasibilities (with real examples) and what banks look for in feasibilities.
Winning the game begins with understanding the rules. Discover critical insights about planning and zoning, legal and contractual, physical limitations, market, environmental and financial considerations, and learn how to set project limits. These are the disciplines that minimize risk and maximise profits.
Profit is NOT the amount you sell your properties for, it’s the difference between the sales price and the costs incurred along the way (it’s amazing how people forget that!). This module outlines all the direct and indirect costs, so you know exactly what to expect with no nasty surprises.
Figures mean little until you know what they should be. Discover what a good return looks like. And how to make decisions based on the figures in your feasibility.
Includes detailed explanation with examples of advanced decision metrics like Time Value Of Money, NPV, IRR, Discounted Cashflows and much more.