Property Development Course?

Hi All

I'm a big believer in educating myself and learning from great people who've trodden the road before me. I like the idea of standing on the shoulder of giants

To that end I'm looking at doing a course to teach me more about developments.

There are 3 courses that I'm considering, one in Sydney, one in Melbourne and another has a preview tonight that I'm going to in Chatswood.

Has anyone done a developing course that they thought was great?

So this thread does not turn into a promotion (always self promoters lurking on these forums in my experience , not that there's anything wrong with self promotion I'm the donald trump of nerds ;P) could you PM me if you've done a course that taught you more about developing or if you have a mate who's done a course that you've heard great things about.

Thanks in advance!

Neil

 

There's a meeting in Sydney end of the month.
Check it out.

 

Promoting can be dealt with by the forum rules. Better to post here rather than pm so others with an interest can benefit too.

 

@neil-asher - The Master Builders Association holds a one-day development course at Forest Lodge (and some regional venues). Next one is November

Linky: http://www.mbansw.asn.au/Training/Brochures/Keys-to-Property-Development/

(Neil, I am a Member of the MBA which is a not for profit organisation representing the building industry).

 

Bob Anderson has a good course (as long as someone is willing to take action) I did it some years ago so I am not sure if its still around but I assume it is. Cost me at the time.. I think about 4k. The return I got from it...well...lets just say I personally found it well worth it

 

@neil-asher

Forget, Peter, Bob, Simon,etc

PC and somersoft can teach you almost everything you need to know about property investing/development.

@MTR, @Shahin_Afarin ,@sanj ,@Westminster, @OC1, Rockstar (SS) are some of experienced developers on forum (members who has done successful multipal developments) comes to mind.

As @Ace in the Hole said network with like minded property developers and you will learn lot more then those courses combined.

I ended up educating a forum member who attended Bob A course and in return he offered me to give Bob A course notes.... no thank you, was the reply.

There is some resource on our website that you may find it useful!

My 2c worth!

 

I found the course really useful and helpful, that's for sure.

 

@neil-asher I also know @Westminster does mentoring too and she's great.

 

Thanks Leo but I'm probably not the best fit for @neil-asher if he wants to develop in Sydney as I know little about all the town planning laws there.

@neil-asher I think the MBA one door would get you some good information. Also check if the REA licensing body of NSW holds any town planning for REA courses as they are also quite good.

Then add in lots of networking with local developers via the PC meetups and forums and you will learn heaps.

 

What are you looking to get out of the course?

 

Looking to get the moths out of my wallet

 

I know there are plenty of masters and talents in this forum (and previously SS) who's done loads of development.
Just my 2 cents:
When I originally started in property investment and had zero idea about development, rather than bothering forum members, I bought Carly Crutchfield DVDs and course materials second hand from Ebay. Putting goss and media sensation on Carly aside, I find her materials very useful for beginners to give you a foundation / idea of what it's all about (A-Z theories with practical examples).
I went to Cherie Barber's short courses too to get more hands-on feaso and reno ideas.
And then I read and read and read SS forum about success and horror stories, and ask forum members for help/opinion when it's action time.

 

That looks great Scott nice share mate

 

Hi Andrew

I'm a systems guy, I'm great at online marketing and I can source deals no problem. so I'm really looking for the nuts and bolts.... checklists, things to avoid, how to lay out IM's for finance that sort of thing.

 

Cert iv building and construction. If you are going to do a lot of developing it might be worthwhile doing the builders licence. Teaches you everything.

 

I'd suggest that you're money might be better spent paying for an hour or 2 with a builder, a mortgage broker and the like, maybe even a planner (and I'm not touting for business)

You are more likely to get an unbiased picture of the potential pitfalls and issues that you will face, rather than a promise that by giving them X thousand they will make you rich.

 

This is good advice.
What works in theory doesn't always play out in practice.
Doing the above is still not first hand practical experience, but the next best thing.
I've always been an advocate of learning through practice primarily, rather than theory.

 

Andrew I thinks that's solid advice, thanks mate

 

Be prepared that a course is never going to teach you it all in one sitting. I've done 2 such courses and over 2 years, i've had to match it with a lot of somersoft/forum reading, networking, meetups and regular mentoring catchups to get to where i am now. what i'm trying to say is that your strategy in development will change and so does your learning to match it.

 

And a lot of it will also go over your head - happens in any course due to information overload.