How To Value A Building Plot... Property Development For Beginners

Today, let's consider how to value a building plot. What costs do you need to consider with your first property development?

I always start with the end in mind... the building valuation. What is the value of the building once it is complete? You then work back from there.

Deduct the property development costs... and there's quite a lot of them!

And don't forget to factor in your profit on the development!

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I know the bulk of my content is focused on property investing in more of a general sense, I wanted to put this one on property development for beginners out there in the hope it will encourage you to get out there and find that first building plot. After all, if I can do it... you CERTAINLY can! :-)

Here's to your success... Tony Law | Your First Four Houses
This video is part of an upcoming series on "How To Become A Property Developer"